French State Has To Compensate Port Of Calais

By 2018 Newsletter week 21

The administrative court of Lille (France) has condemned the French State to pay €480,000 to the port of Calais. The port has suffered losses due to the non-intervention of the police to end the blockage of the ferry terminal by MyFerryLink strikers in 2015.
The police said it did not intervene because of the migrant crisis at the same time.

SHORT NEWS

By 2018 Newsletter week 21
  • Siremar is looking at renewing its fleet and has appointed Naos in Trieste to design three new ferries.
  • CORSICA MARINA SECONDA has been chartered to run between Trapani and Pantelleria.

CORRECTIONS Week 19

By 2018 Newsletter week 20

Last week we wrote that SPIRIT OF MONTOIR (FRIJSENBORG) belongs to Nordana/Weco. In fact the ro-ro is owned by Visemar Levante Srl. Nordana/WECO Roro has the vessel on time charter and sublet her to LDA.

The link to the “Ferries on Order” did not work. This has been rectified. Apologies.

Irish Continental Group’s Trading Update

By 2018 Newsletter week 20

Irish Continental Group’s Trading Update

ICG carryings for the year to date to 8 May 2018:

  • Cars 100,400 (98,000) = +2.4%
  • Ro-ro freight 99,500 (95,800) = +3.9%
  • Container Freight TEU 116,400 (115,100) = +1.1%
  • Terminal Lifts 109,000 (104,000) = +4.8%

Financial information for the first four months of 2018:

  • Consolidated Group revenue €96.4 million = +1.4%
  • Net cash €69.3 million compared with €39.6 million at 31 December 2017 which includes the proceeds from the sale of the JONATHAN SWIFT.
  • Total revenues €52.3 million= -2.4% decrease

FERRY SHIPPING

By 2018 Newsletter week 20

Austal Invests In Major Commercial Shipbuilding Expansion

Fast ferry builder Austal has finalised the details of its previously announced investment of up to USD 30 million for capacity expansion. This investment will be focused in the Company’s commercial shipbuilding facilities in Western Australia and Asia.

Photo: HALUNDER JET © Austal

P&O Ferries Jumps On An Opportunity

By 2018 Newsletter week 20

After the fire on FINLANDIA SEAWAYS, DFDS decided to stop its service between Zeebrugge and Rosyth, Scotland. (news 16 April 2018)  P&O Ferries now announced their plans to lift capacity on the Zeebrugge-Teesport route by almost 25% within the next month, in order to create a gateway to Scotland.

How this increase in capacity will be realised is still kept confidential. P&O is understood to be looking at a different configuration of ships.

The company currently carries more than 100,000 freight units a year to Teesport from its continental hub at Zeebrugge. The 12 sailings a week service is provided by the BORE SONG and the MISTRAL.

Customers will benefit from P&O Ferries’ plans to increase the capacity of its ships combined with the introduction by PD Ports of a new rail service to Mossend in Scotland. The timetable of both services will be fully integrated so that freight can be moved from one to the other with minimal delay.

Photo: BORE SONG in Zeebrugge © Mike Louagie