Cotunav Charters Two Ro-Pax Units From Moby

By 2018 Newsletter week 48

The two ro-pax ferries SUPER-FAST BALEARES and MASSIMO MURA, in long-term charter to Moby, have been sub-chartered to Cotunav.

Both the units are already deployed on the North Africa – South Europe routes.

SUPER-FAST BALEARES, owned by Trasmediterranea, is being chartered for two months.

Route: Rades – Marseille

MASIMO MURA, controlled by CLdN, will be chartered until spring.

Route: Rades – Livorno – Genoa

Moby confirmed recently that the two newbuildings ALF POLLAK and MARIA GRAZIA ONORATO will be deployed on the Genoa – Livorno – Catania – Malta route.

ALF POLLAK will soon leave Flensburg for her delivery trip.

Kefalonian Lines Leaves The Ionian Sea In Favour Of Levante Ferries

By 2018 Newsletter week 48

Kefalonian Lines announced officially its withdrawal –after 5 years- from the Ionian Sea. The company decided:

  • To suspend its ferry services on Zakynthos and Kefalonia lines.
  • To activate the ship ALEXANDRA L. to the Aegean Sea
  • To sell NISSOS KEFALONIA to its competitor Levante Ferries.

This decision, is certainly not serving the Ionian island’s interests, however, the fierce competition in combination with the sustainability reasons presented by Kefalonian Lines, leave Levante Ferries free to dominate the Ionian Sea.

Some interesting facts though are:

  • the Ionian Group’s commitment to launch a ship on the Patras-Sami run but only if it is subsidized.
  • the further use of the old ALEXANDRA L. in the Aegean Sea, where Attica Group and Seajets are dominant as well as the fate of the old ZAKINTHOS I (photo) which has been decommissioned seven months ago.

Levante Ferries is expected to spend almost EUR 10 million for the purchase and conversion of Kefalonian Line’s, NISSOS KEFALONIA.

The ship is expected to return fully upgraded on the Killini – Zakynthos and Killini – Poros route before summer.

Dufry Secures A New Long-Term Contract For 15 P&O Ferries Ships To Be Operated Under The World Duty Free Brand

By 2018 Newsletter week 48

Dufry Group has signed a new long-term concession contract with P&O Ferries to operate shops under the World Duty Free brand on board 15 vessels.

The transfer of the operations with a total of 19 shops across a retail space of 3,600 m2 will be phased from April to May 2019.

Besides operating all shops, World Duty Free will be responsible for the refurbishment of the stores and for implementing state-of-the-art shop design to provide a tailored assortment proposition for each route.

Kefalonian Lines Leaves The Ionian Sea In Favour Of Levante Ferries

By 2018 Newsletter week 48

Kefalonian Lines announced officially its withdrawal –after 5 years- from the Ionian Sea. The company decided:

  • To suspend its ferry services on Zakynthos and Kefalonia lines.
  • To activate the ship ALEXANDRA L. to the Aegean Sea
  • To sell NISSOS KEFALONIA to its competitor Levante Ferries.

This decision, is certainly not serving the Ionian island’s interests, however, the fierce competition in combination with the sustainability reasons presented by Kefalonian Lines, leave Levante Ferries free to dominate the Ionian Sea.

Some interesting facts though are:

  • the Ionian Group’s commitment to launch a ship on the Patras-Sami run but only if it is subsidized.
  • the further use of the old ALEXANDRA L. in the Aegean Sea, where Attica Group and Seajets are dominant as well as the fate of the old ZAKINTHOS I (photo) which has been decommissioned seven months ago.

Levante Ferries is expected to spend almost EUR 10 million for the purchase and conversion of Kefalonian Line’s, NISSOS KEFALONIA.

The ship is expected to return fully upgraded on the Killini – Zakynthos and Killini – Poros route before summer.

FERRY PORTS

By 2018 Newsletter week 48

SOL Adds The Finnish Port Of Pietarsaari / Jakobstad To Its Network

Swedish Orient Line announced that the Finnish port of Pietarsaari / Jakobstad will be approached once a week by the THULELAND and TUNDRALAND ro-ro ferries, extending the shipping company’s line network.

The route includes calls in Lübeck, Zeebrugge and Tilbury. The new route supports the export of paper products of the Finnish company BillerudKorsnäs from its plant in Pietarsaari as well as other import and export cargo from the region.

Start: January 2019

New Silk Road: Closing The Gap To Great Britain Via Cuxhaven

By 2018 Newsletter week 48

China’s mega project, the New Silk Road, is to intensify international trade between Asia and Europe in the long term through a stronger infrastructure. The project also offers new opportunities for the Port of Cuxhaven. Due to the increasing demand in the United Kingdom for goods from China, DFDS has now established the last link of the transport chain between Great Britain and China via Cuxhaven. DFDS organises and carries out the onward road transport to the Cuxport terminal of goods arriving from China in Hamburg by rail, as well as the following sea transport from Cuxhaven to Immingham.

Marseille Fos Set To Offer LNG Bunkering

By 2018 Newsletter week 48

Work is underway for the imminent provision of LNG bunkering facilities at Marseille Fos following a feasibility study initiated by the port authority.

In late 2017 the authority set up a working group to examine relevant logistical options for supporting the promotion of LNG as an environmentally friendly marine fuel.  The group included interested shipowners, the managers of the two LNG terminals in Fos – Elengy and Fosmax LNG – and supplier Total Marine Fuels Global Solutions.

A master plan developed earlier this year detailed the investment schedule and possible operational methods that would enable implementation within a short time frame, with two solutions confirmed as feasible:

  • the rapid development of refuelling facilities via trucks, which initially would serve ferries and then continue as an option if refuelling vessels were unavailable.
  • putting one or more refuelling vessels in place to serve cruise, ferry and container vessels

Preparations have now started with this timescale in mind.  Fosmax LNG is investing to adapt its Fos Cavaou terminal to receive small LNG refuelling carriers from next summer in a service offering 50 slots per year.  Meanwhile Elengy is planning an extension at the Fos Tonkin terminal that will provide 100 loading slots per year for small refuelling vessels from 2021.

FINANCE

By 2018 Newsletter week 48

Irish Continental Group: Containers Are Doing Better Than Ferries

Irish Ferries, the ICG ferry division had a difficult year with the problems with ULYSSES and the late delivery of the W.B. YEATS.

This is in contrast to ICG’s other divisions –containers and terminal lifts–, which did perform well.

Some data:

-7.2% cars 1 January – 31 October (-7.3% loss in sailings)

-11.2% cars since 30 June

-0.8% ro-ro freight units 1 January – 31 October (-4.1% cruise ferry sailings)

-5.6% ro-ro freight units since 30 June (reason: significant disruptions to the schedules on the Dublin Holyhead route due to technical difficulties affecting the flagship vessel ULYSSES).

The W.B. YEATS, currently under construction in Flensburg will be ready for delivery during early December.

-6.7% total revenues ferry division €172.1 million (1 January – 31 October)

€4.9 million of the decrease is attributable to lower external vessel charter earnings following the disposal of the KAITIKI and the JONATHAN SWIFT.

Stena Group: Highlights From The Interim Report

By 2018 Newsletter week 48

The Ferry Operations Division has produced positive results for the Stena AB Group.

EBITDA, excluding net gain on sale of assets, increased compared to last year due to continued increased volumes for cars (3%), freight (3%) and passengers (2%)

Stena RoRo secured long term charters for three ro-pax newbuildings:

  • a 5+5 year bareboat charter with Brittany Ferries with delivery 2020 –
  • a 10-year bareboat charter with Brittany Ferries with delivery 2021
  • a 10-year bareboat charter with DFDS with delivery 2021
  • Stena has decided to exercise its option to build a seventh and eighth E-Flexer vessel. The two vessels will be deployed within Stena Line’s route network with a planned delivery in 2022.
  • Additionally, Stena RoRo has secured an option on the construction of a further three E-Flexer vessels also to be built at Avic Weihai Shipyard, China.
  • A total of eight vessels have now been ordered by Stena from Avic Weihai Shipyard in China. Three of the vessels will be chartered out to external ferry operators by Stena RoRo.

STENA CARRIER has been sold and delivered in August 2018.

STENA FREIGHTER has been sold and delivered in October 2018.