FERRY FINANCE

By 2018 Newsletter week 36

Pretty Cool Results For STEF-Owned La Méridionale

Food logistics group STEF, mother company of operator La Méridionale, has seen an 8.6% rise in passengers, and a +2.6% in freight on its ferries between Marseille and Corsica.

Operational result has improved significantly from EUR -1.9 million to 4.9 million

SHORT NEWS

By 2018 Newsletter week 36
  • DFDS is approaching yards for the replacement of the two IJmuiden-Newcastle ro-pax ferries.
  • Greece has been hit by a ferry strike, which originally was only to happen on Monday 4 September. Eventually a second 24-hour strike was added on Tuesday. Trade union PNO wanted to see a 5% increase in wages and effectively obtained 2%.
  • STENA CARRIER has been renamed MEXICO STAR and her flag changed to Mexico. She has been acquired by Baja Ferries.

FERRY SHIPPING

By 2018 Newsletter week 35

Two Balearia Visentini Ro-Pax Ships To Be Converted Into LNG Dual-Fuel

MAN PrimeServ, the after-sales division of MAN Energy Solutions, has won the contract to convert two ro-pax ferries from Baleària to dual-fuel operation.
Sister ships, the NAPOLES and SICILIA, are currently each powered by 2 × MAN 9L48/60A main engines, which will all be converted to 9L51/60DF units that will enable running on LNG.

The conversion of the NÁPOLES is due to take place in Spain between November 2018 and January 2019, with the conversion of SICILIA to take place from October to December 2019.

New £3.5m Fund Launched To Keep Ferries Shipshape

By 2018 Newsletter week 35

Following a summer of disruption on Scotland’s lifeline ferries, a GBP 3.5million Resilience Fund has been announced by the Scottish Government.

The fund will help to reduce the risk of vessels breaking down and to return them to service quicker if they do.

The aim is to tackle obsolescence on the vessels, which would take the ferry out of service for an extended period of time.