EBDG designs new class of ferry for NCDOT

By 2017 Newsletter week 48

Elliott Bay Design Group has designed a new river class vehicle ferry for North Carolina Department of Transportation Ferry Division, which will be built at Bollinger Shipyards of Lockport, Louisiana. The vessel is due to be delivered by March 1, 2019.

The new ferry will have room for 38 regular-sized vehicles. It will serve as a replacement for the 22-year-old THOMAS A. BAUM.

Photo: EBDG

Fjord1: strong Norwegian ferry machine presents its Q3

By 2017 Newsletter week 48

With 61 ferries in operation in Norway, Fjord1 has a market share of 49%. The company which is noted on the Oslo Stock Exchange since last August operates 7 of the 10 largest ferry services in Norway, and also a number of tourist boats in the fjords.
The company has 13 new ferries on order, and has more than 20 contracts with the Norwegian State, as far as in 2030.
Some key figures for Q3

  • Revenue: NOK 761.7m (+11%)
  • EBITDA: NOK 302m (+22%)
  • EBIT: NOK 235.6 (+13%)

Hurtigruten to have the new hybrid ships on the Norwegian coast in 2019

By 2017 Newsletter week 48

Hurtigruten’s two newbuildings ROALD AMUNDSEN and FRIDTJOF NANSEN, built as expedition ships for the polar regions, will also sail along the Norwegian Coast in 2019. The expedition ships will come in addition to Hurtigruten’s 11 ships on Bergen – Kirkeness, and will also visit places not done by the conventional ships. The two hybrid expedition ships are under construction at Kleven, and the first is expected in the summer of next year.

Photo: Hurtigruten

Elb-Link filed for bankruptcy

By 2017 Newsletter week 48

It is not a surprise. For the third time the cross-Elbe ferry company did not survive in spite of rescue attempts. Depending on the sources, several reasons are being given for the failure.

  • Insufficient cars, cargo and passengers or, ship that was too large.
  • Insufficient support from local authorities on both sides of the river. Elb-Link asked for a public bridging loan of EUR 200,000 but this wasn’t granted.
  • Increased charter rate of the ferry upon renewal of contract (EUR 8,000/day). Management of Elb-Link says a more realistic price would be EUR 3,500.

Photo: Elb Link

More sailings, cargo and pax for the Attica Group

By 2017 Newsletter week 48

In its key financial figures for the nine-month period 2017, Attica Group presents the following results:

  • Revenues: EUR 215.46 million (status quo)
  • EBITDA: EUR 47.75 million (EUR 62.35 million)
  • Profit after tax: EUR 4.68 million (EUR 26.50 million)

The lower profit is mainly related to the significantly increased fuel oil price, which is a pity after better results on the transportation side:

  • Sailings +1.1%
  • Passengers +0.5%
  • Private vehicles +3.7%
  • Cargo units +1.8%

Approvals from the competent authorities are pending in order for the Company to complete the acquisition of a total 98.83% shareholding stake in Hellenic Seaways Maritime S.A.

New buffet restaurant concept on DFDS Newcastle – IJmuiden

By 2017 Newsletter week 48

January 2018 will see the introduction of a new buffet restaurant concept on board the two ferries of the DFDS Newcastle-Amsterdam route. Seven Seas Restaurant will be renamed Explorer’s Kitchen. It is still going to be an all-you-can-eat for breakfast and dinner, but there’ll be a range of new evening dishes for passengers to enjoy.
Tariffs have been changed too, with discounts of up to 34% when pre-booking.

Photo: Mike Louagie

IN THE PRESS

By 2017 Newsletter week 48

The second edition of the Baltic Yearbook is out

This publication from Baltic Press (Poland) is an ambitious work of 172 pages, giving a comprehensive picture of the region’s port and port-related transport industry, with focus on ro-ro, ferry, container and logistics.
What the global transport sector might look like in 2050 is definitely worth a read.

Photo Mike Louagie