VIDEO

By | 2018 Newsletter week 34 | No Comments

Austal Hull 393 Lift And Rollout

This Austal video shows a key milestone in the construction of the 109m high-speed catamaran ferry EXPRESS 4 for Molslinjen. This short footage combines the lift of the superstructure and rollout of the hull at Austal’s Henderson Shipyard in August 2018.

Click on photo to access the video on YouTube.

Length: 01:42

FERRY SHIPPING

By | 2018 Newsletter week 34 | No Comments

Ordering A New Ferry For Canadian CTMA: Not A Piece Of Cake

CTMA badly needs a new ferry to replace the 1973-built CTMA VACANCIER.

In December the Prime Minister promised a new ferry. The newbuilding would largely benefit local companies. Davie Shipyard is the largest Québec-based shipyard.

The suppliers of the Davie Shipyard are united in a group, the AFCDC (l’Association des fournisseurs du Chantier Davie Canada) and they are not happy with the state of affairs with the Governement of Québec. The latter has promised to subsidize the new ferry for CTMA, if 30% of the ferry is related to supplying companies from Québec.

AFCDC’s president Pierre Drapeau says that 30% is not enough to guarantee that the ferry will be built at the Davie Shipyard. He says that several foreign shipyards are also in the running, and says it is difficult to compete with yards using cheap labour etc.

On August 17 Davie Shipyard submitted an offer for the new ferry, “with no risks and totally privately-funded.” The yard says that nothing has to be paid until the ship is ready and built according to the specifications. The yard adds that 70% of the cost involves local companies and that the ferry has a competitive price.

It is now up to the Government from Québec and CTMA to take a decision.

VIKINGLAND Replaces BORE BAY On Gdynia-Nynäshamn

By | 2018 Newsletter week 34 | No Comments

It was mentioned in last week’s short news: since 15 August VIKINGLAND replaces BORE BAY on the Stena Line route from Gdynia to Nynäshamn. The larger ro-ro vessel adds as much as 30% freight capacity.

The route from Gdynia to Nynäshamn started in October 2017 and was operated by ELISABETH RUSS until April 2018 when she was replaced by BORE BAY. Due to tonnage changes on the North Sea BORE BAY will sail on the Hoek van Holland to Harwich route during the autumn.

One More Ferry For Torghatten

By | 2018 Newsletter week 34 | No Comments

Torghatten Group has ordered a near sister to 2017 Fiskerstrand built HORNSTIND for its Torghatten Nord brand. The vessel will be built by the Turkish Sefine Shipyard.

To be named HEILHORN, the new Multi-Maritime-designed vessel will have a similar capacity as HORNSTIND. Expected in 2020.

FERRY PORTS

By | 2018 Newsletter week 34 | No Comments

New Joint Terminal For Ship Traffic Opens Up Opportunities For Development Of The Turku Port Area

The Port of Turku will build a new joint terminal in the port area which both Viking Line and Tallink Silja undertake to use for regular liner traffic in accordance with their current schedules once the arrangements have been completed.

The joint terminal and its operations will be run by the Port of Turku.

FERRY FINANCE

By | 2018 Newsletter week 34 | No Comments

Fjord1: Smooth Operator

Some highlights of Fjord1 ASA Group’s H1

  • 1,219 employees, 65 ferries and 4 passenger boats on 30 June.
  • Start-up of the first fully electrical operation Anda – Lote.
  • Start-up of two new connections in “Hordaland Rutepakke 1”.
  • Fjord1 has signed several contracts for newbuildings: Cemre 2, Havyard 5, Tersan 1.
  • Three newbuildings have been delivered: MØKSTRAFJORD and HORGEFJORD, (Tersan) and HUSAVIK (Havyard)

Financial results H1

+ Revenue NOK 1,372.7 million (NOK 1,368.4 million)
+ EBITDA NOK 476.9 million (NOK 448.1 million)

Outlook

+ Despite investment in bridges and tunnels, Fjord1 believes that ferries will continue to be a vital part of the Norwegian road infrastructure for the foreseeable future.
+ The Group has stable contracts.
+ Fjord1 is scheduled to take delivery of 5 ferries in Q4

Growth On Gulf Of Finland Boosts Eckerö’s H1

By | 2018 Newsletter week 34 | No Comments

Eckerö Group can look back on a successful first six months for the three passenger operations (two ro-pax ferries and one Birka cruise vessel) and Eckerö Shipping’s two ro-ro vessels. They are employed in Northern Europe on fixed contracts for the paper industry. These contracts expire at the end of 2019.

Overview for the period 1.1 – 30.6.2018
+ Passengers 1.5 million (1.4 million)
+ Freight units on own lines 45,903 (41,000)
+ Turnover EUR 105.2 million (103.3 million)
+ Operating profit EUR 2.4 million (0.7 million)
+ Net debt EUR 43.6 million (60.8 million)

The clear majority of the increase is attributable to growth in the Gulf of Finland.

Challenges
– The krona’s value has been weaker, which had a negative impact on earnings.
– Higher bunker costs

IN THE MEDIA

By | 2018 Newsletter week 34 | No Comments

Challenging Times Ahead For Ferries Of Scotland

By coincidence I was in Stornoway last week when this local newspaper published a three-page article about the ferry services.

What’s the problem?

An ever-increasing flood of visitors puts quite a lot of pressure on the ferry network, especially on the remote islands of the west coast.

On the services to the Outer Hebrides, ferries have seen 25% more cars and 21% more summer passengers over the last four years.

Demand is expected to grow up to 9% per annum, which is good for the local economy. However, the newspaper says the islands need more reliable ferry services. They calculated that half of the fleet is older than 25 years.

Still it was a young vessel that lost power mid August, and fuelled the discontent. LOCH SEAFORTH is from 2014. She is the sole vessel on this remote route, making it vulnerable.

The main criticism addressed to the Scottish Government is about the lack of foresight and investment.

SEEN: Greece Ferry Strike Will Cause Major Problems To Travellers

By | 2018 Newsletter week 34 | No Comments

The Greek Shipowners Association for Passenger Ships (SEEN) called for the Pan-Hellenic Seamen’s Federation (PNO) to reconsider its 24-hour strike announced for 3 September, as it is expected to cause severe disruption to ferry transport in Greece.

In a letter to PNO, the association underlined that some 180,000 passengers, 50,000 vehicles and 3,000 trucks are expected to travel that Monday.

French Ports Cut Out Of EU Trade Route After Brexit

By | 2018 Newsletter week 34 | No Comments

French ports were excluded from European Commission plans for a new shipping route linking Ireland with the Continent post Brexit — potentially preventing them from accessing billions of euros in EU grants.

The Commission adopted a proposal to revise the routing of one of its strategic transport corridors to connect Dublin and Cork with the Belgian ports of Zeebrugge and Antwerp and the Port of Rotterdam in the Netherlands, to channel trade directly from Ireland to mainland Europe after Brexit.

Comment from Ferry Shipping News: Jean-Marc Roué, President of French Shipowners and Brittany Ferries is shocked by the intention to exclude the ports in Brittany and the English Channel, and says action needs to be taken to change the plans.