FINANCE

By 2019 Newsletter week 14

Tallink Grupp Publishes 2019 Q1 Passenger And Cargo Statistics

According to the figures published, the group transported

-3.9% passengers (1,855,772)

-3.7% cars (214,087)

+2.7% freight units (93,114)

Reason:

-2.8% less trips (2,234 trips against 2,299 in Q1 last year)

Six vessels have been going through various renewals and upgrades during planned dockings at shipyards in Poland, Lithuania and Finland.

Color Group Publishes 2018 Annual Report

By 2019 Newsletter week 14

In 2018, Color Line, the ferry branch of Color Group, had a turnover of more than NOK 5 billion, and an operating profit (EBIT) of NOK 686 million. The good result in 2018 is due, among other things, to increased earnings per customer, growth in freight markets by the addition of a ro-ro vessel and efficient operations.

  • +3.4% revenue (NOK 5,141 million)
  • +3.1% EBIT (NOK 1 217 million)
  • -0.6% passengers (3,780,748)
  • +1.1% freight units (182,632)

INDUSTRY ASSOCIATIONS

By 2019 Newsletter week 14

Draft Guidelines Agreed On Fire Safety On Ro-Ro Vessels 

IMO’s Sub-Committee conducted a meeting on Ship Systems and Equipment (SSE 6), on 4-8 March 2019. The meeting focused on fire safety on ro-ro vessels in order to minimize the danger and the accidents caused by fire.

TECHNOLOGY

By 2019 Newsletter week 14

Kongsberg Completes Rolls-Royce Commercial Marine Acquisition

Following European Commission approval, Kongsberg Maritime parent company Kongsberg Gruppen has completed the acquisition of Rolls-Royce Commercial Marine (RRCM). Officially part of Kongsberg Maritime, RRCM will operate under the KONGSBERG brand and the Kongsberg Maritime legal entity.

Kongsberg Gruppen announced its intention to acquire RRCM, an established and trusted global supplier of maritime technology and engineering products, in July 2018. With the unification of Kongsberg Maritime and RRCM, KONGSBERG is represented in 40 countries, has more than 11,000 employees and an annual turnover of more than NOK 22 billion. A fleet of more than 30,000 vessels depends on the organisation’s combined expertise.

IN THE MEDIA

By 2019 Newsletter week 14

£370-Million Ferry Contract Poses ‘Existential Threat’ To Pentland Ferries

Pentland Ferries, which operates a service between Gills Bay and St Margaret’s Hope, has claimed a proposed £370-million contract to provide ferry services to the Northern Isles poses an “existential threat” to its market position.

SHORT NEWS

By 2019 Newsletter week 14
  • CLdN has added recent newbuilding LAURELINE to the Zeebrugge-Dublin route. She was photographed on 2 April by Tibo Deprest in Zeebrugge.
  • Viking Line introduced a new timetable for Tallinn – Helsinki crossing as from 1 April 2019. The new timetable is adding a number of sailings per week and one departure is cargo-only, to meet the increasing market demand for additional sailings.
  • Work has re-started on the Trasmediterranea’s VILLA DE TEROR, five months after work stopped.

VIDEO

By 2019 Newsletter week 14

Balearia Presents Its New Fast Ferry On YouTube

A short movie has been made to present the new 123 m Balearia’catamaran ELEANOR ROOSEVELT, currently under construction in Spain at the Armon shipyard, after an Incat Crowther design.