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High VAT harms competitiveness of Greek coastal shipping

Greek online media Ekathimerini writes that, when comparing Greece with other EU countries, the VAT rate on ferry tickets is one of the highest. The article is based on a study titled “The Contribution of Passenger Shipping to the Greek Economy” which has been published by the Foundation for Economic and Industrial Research (IOBE). The authors believe that the reduction of VAT on ferry tickets would give the Greek islands an economic boost without provoking a negative fiscal impact.

Photo © Mike Louagie

Color Line interested in Norway’s coastal route

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According to Skipsrevyen, Color Line has declared its interest to enter the Norwegian coastal operations actually operated by Hurtigruten. The Norwegian State has decided that the license to operate “the world’s most beautiful sea voyage” is open for tenders. Norled, Toghatten and now Color Line are showing interest, together with a couple of other companies. Deadline for the submission of the bids is January 3.

Hurtigruten AS buys back RICHARD WITH and NORDLYS

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After having leased the two ships, Hurtigruten AS has reacquired the vessels through a bond loan with a term of three years. Purchaser is Coastal Holding, a subsidiary of Silk Topco, a UK pension fund which also owns Hurtigruten.
Both vessels were built at the Volkswerft in Stralsund, in 1993 and 1994.

Source: Maritimt Magasin – Photo © Robert Cranna / Hurtigruten


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  • BC Ferries’ NORTHERN SEA WOLF, the small car ferry acquired for the new route from Port Hardy – Bella Coola, is on its way to British Columbia. Formerly known as AQUA SPIRIT she departed from the port of Piraeus on November 3 for the 10,097 nautical mile journey to her new home in British Columbia.
  • High-speed ferry KRILO ECLIPSE arrived under tow in Piraeus. After one season in Croatia, she has been bought by Golden Star Ferries. Her new name will be SUPERSPEED.
  • Grimaldi Group was awarded the “Leadership Excellence Award” by the US-based Panorama magazine. During a three-day event Italian excellence was introduced to an American audience.
  • Faergen has sold ro-pax HAMMERODDE to Stena RoRo. However, it will continue to operate between Køge and Bornholm until 1 September 2018, when Molslinjen takes over the service from Faergen. Which plans Stena has for the ship is unknown.

A video to explain Brittany Ferries’ LNG bunkering

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When Brittany Ferries takes delivery of HONFLEUR in 2019, she will be the first passenger ship in the world to be equipped with on board cranes that allow standard-size 40 feet LNG containers to be lifted into a fixed position.
These containers will be transported by truck to Ouistreham from an LNG terminal at Dunkerque. Driven on board, they will be hoisted into position alongside a fixed LNG storage tank located at the rear of the superstructure. Upon the next call at port, empty containers will be returned to waiting trucks by crane and replenished with full units.
“Refuelling infrastructure is key to the uptake of cleaner fuels like LNG, throughout the transport sector,” said Christophe Mathieu, Brittany Ferries CEO. “But we cannot wait for widespread storage in ports to deliver the next generation of cleaner vessels. Our team has addressed this problem in an innovative way.”
HONFLEUR will operate alongside Brittany Ferries’ MONT ST MICHEL on three daily return sailings, between Ouistreham and Portsmouth.