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2019 Newsletter week 10

Mar 07
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FERRY SHIPPING

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HARTMUT PUSCHMANN

Moby Fleet Changes: MARIA GRAZIA ONORATO In And HARTMUT PUSCHMANN Out

In the near future some further changes are expected to take place in Moby and Tirrenia’s ro-pax fleet.

The Milan-based group controlled by the Onorato family is rumoured to have just closed the sale of the aged ro-ro unit HARTMUT PUSCHMANN for a price of € 13 million. Some sources report the Cyprus-based Ntiolio Shipping Company Ltd as buyer while some others suggest it should be the Egyptian ferry company El Salam. Moby declined to comment on the deal, but broker sources reveal that the ship will be bare boat chartered back for six months.

MARIA GRAZIA ONORATO launching ceremony at Flensburg shipyard

The 1,820 lane metre HARTMUT PUSCHMANN was built in 1993 by Fincantieri in Palermo and has been recently deployed on the Livorno – Olbia route by Tirrenia.

For one vessel leaving the company’s fleet there will be soon another one replacing it. The cargo sales director, Pierre Canu, said in the occasion of the Transport Logistic exhibition just held in Verona that “a new 4,600 lane metres ro-ro ship is soon to be delivered by the shipyard and therefore will enter into service before next spring on the route covered by Moby Group to and from the port of Catania, in Sicily”. The vessel in question which just left Flensburger shipyard for the sea trials is the MARIA GRAZIA ONORATO, sister ship of the ALF POLLACK bare boat chartered by Onorato Armatori few months ago and then chartered-out to DFDS.

Mar 07
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Norled Presents The World’s First Hydrogen Ferry Design

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At the end of February, Norled revealed the first visuals of the hydrogen-powered ferry, designed by LMG Marin, and with contributions from fellow cluster partners Westcon Power & Automation and Prototech.

  • Topside location of the hydrogen tanks and system. In case of a leakage, gas will emit into fresh air. This was the best solution for a no-risk system.
  • The port of Hjelmeland will have a storage and filling system for liquid hydrogen. Every third week the vessel will be fuelled with four tonnes of hydrogen.
  • As from 2023 locally produced, green hydrogen will be available.
  • Shipyard to be selected in March.
  • Two ships for route Hjelmeland-Nesvik-Skipavik. Both all-electric, one with hydrogen fuel cells for 50% of power.
Mar 07
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Ionian Group Becomes Levante Ferries Group

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The Ionian Group consortium officially announced that it will be renamed into Levante Ferries Group. This comes after the change in its composition.

The Group’s fleet will include FIOR DI LEVANTE, MARE DI LEVANTE, ANDREAS KALVOS and NISSOS KEFALONIA. They will continue offering ferry crossings to Kefalonia, Zakynthos and Ithaca.

Mar 07
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Remotorised RAMON LLULL To Serve The Denia – Formentera Route As From Easter

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Balearia’s fast monohull ferry RAMON LLULL got new MTU 20V4000M73L engines, which will increase its speed by 30%.
That will allow her to connect Denia and Formentera in less than two hours.

Improvements have also been made to the interior, such as the creation of a premium lounge, the introduction of digital signage, a new entertainment platform, and internet access. In total, eight million euro has been invested.

Mar 07
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FERRY PORTS

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Ferry Passengers Increasing (+4%) And Ro-Ro Decreasing (-1%) In The Port Of Ancona

In 2018, 1,151,266 passengers were handled in the port of Ancona, 6% more compared with the year before, and 1,084,235 of those were transported by ferries (+4%).

More in detail:

  • 771,874 passengers (+1%) Ancona – Igoumenitsa – Patras
  • 221,446 (+7%) Ancona – Split (Croatia)
  • 90,832 (+29%) Ancona – Durres (Albania).

The ferry companies active in the port of Ancona are Minoan Lines, Superfast Ferries and Anek Lines (to and from Greece), Grandi Navi Veloci and Adria Ferries (to and from Albania) and Jadrolinija and Snav (to and from Croatia).

As for the ro-ro traffic, 147,650 trucks and trailers were handled in the port in 2018, which means a 1% decrease compared with the previous year.

Mar 07
0

FINANCE

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AS Tallink Grupp Statistics For February 2019

In February 2019 AS Tallink Grupp transported 620,006 passengers, which is a 0.4% decrease compared to February 2018. The number of cargo units increased by 1.1% to 29,115 units and the number of passenger vehicles decreased by 1.2% to 66,835 units in the same comparison.

Full statistics
Mar 07
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Finnlines Grows With Its Customers

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Finnlines Plc published its financial review for the period January–December 2018. The Grimaldi Group company continues to perform well, with the result increasing by EUR 12.5 million to EUR 95.1 million.

Revenue also increased by 9.9% to EUR 589.4 million.

During Q4, the cargo volumes remained strong, increasing the revenue compared to last year from EUR 131.8 million to EUR 141.5 million. The result for October–December was EUR 19.7 (14.8) million.

In a statement, CEO Emanuele Grimaldi confirmed the success of the strategy:

  • Growing together with the customers
  • Investments in sustainable development
  • Deploy larger vessels in both the ro-pax and ro-ro segments, creating economies of scale
  • Route and vessel optimisation

What does the future bring?

  • In April 2018, Finnlines ordered three new green 5,800-lane-metre ro-ro vessels.
  • Finnlines is currently developing a new ro-pax class concept, the “Superstar” ro-pax
Read the full report
Mar 07
0

Tallink Grupp Transported Record Number Of Passengers And Cargo, But Revenue And Profit Decreased

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Tallink saw a significant increase in the number of cargo units transported: + 5.7%, totalling nearly 385,000 cargo units transported in 2018.

The total number of passengers increased with 900 to the highest number ever: 9,756,611.

Tallink Grupp’s passenger numbers increased on nearly all the group’s routes and the number of cargo units transported increased on all the routes, with record numbers of passengers and cargo being transported on the Estonia-Finland routes and Estonia-Sweden routes, and the largest ever number of passengers transported also on the Latvia-Sweden route in 2018.

Despite the records achieved, the group’s revenue and profit were impacted by higher fuel costs, lower charter revenue and a longer-than-planned docking of one of the group’s vessels in spring 2018.

  • -1.8% revenue EUR 949.7 million (EUR 967.0 million)
  • -13.9% net profit EUR 40.0 million (EUR 46.5 million in 2017).

In 2018 Tallink Grupp’s vessels completed a record number of 10,070 trips.

See also the Moodie Davitt Report in the Media section

Read Tallink Grupp’s CEO Paavo Nõgene comments: