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2019 Newsletter week 44

Oct 31
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FERRY FINANCE

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Viking Line: Improved Results During Third Quarter

January–September 2019

  • Sales amounted to €380.8 million (378.1)
  • Other operating revenue was €0.2 million (0.2)
  • Operating income totalled €17.5 million (7.7)
  • Net financial items were €-3.6 million (-2.1)
  • Income before taxes amounted to €13.9 million (5.6)
  • Income after taxes totalled €11.1 million (4.8)
  • Future prospects unchanged: Operating income for 2019 will be better than operating income for 2018.

Third quarter 2019

  • Sales amounted to €153.8 million (152.3).
  • Operating income totalled €26.2 million (21.3).
Source: Viking Line
Oct 31
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FERRY PORTS

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Port Of Zeebrugge Accelerates Innovation By Investing In 5G Network

Port of Zeebrugge is to invest in a superfast critical communication network. 5G is the key technology that will be revolutionary, especially for industrial uses. The private 5G network in the Port of Zeebrugge will be the accelerator for innovation in and around the port.

In the first phase, the data network will be used for connectivity with tugboats, air pollution detectors, camera’s and quay sensors. For the new sea lock, which is to be constructed in the near future, the high-bandwidth and low-latency connectivity will prove to be an asset.

5G will be deployed at port companies for dispatching, connectivity with straddle carriers, track and trace systems and critical group communication.

Phase one, which will be operational by the end of this year, sets course for the use of the 5G network in Zeebrugge’s outer port. The second phase will include the inner port and will be implemented mid 2020.

Source: Port of Zeebrugge
Oct 31
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SHORT NEWS

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  • Tallink Grupp announced that the name of the new Tallinn-Helsinki route shuttle vessel, which will be built at Rauma shipyard in Finland and is due to be completed by the end of 2021, will be MySTAR. The name for the vessel was proposed as an entry in the vessel naming competition by a Finnish national.
  • STENA NORDICA has been positioned on the Rotterdam (Europoort) – Harwich route as an additional ship. Other ships on this route are SOMERSET and MISANA.
Oct 24
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PHOTOS OF THE WEEK

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ALFRED To Replace PENTALINA

Stena Estrid Successfully Completes Sea Trials

STENA ESTRID, the first of Stena Line’s three new ferries destined for the Irish Sea, has successfully completed her sea trials in China’s Yellow Sea.

She is now on schedule to start operating on the Dublin to Holyhead route in early 2020.

STENA ESTRID is the first of five new Stena Line next generation RoPax vessels that are being constructed at the AVIC Weihai Shipyard in China, three of which will be introduced on the company’s Irish Sea routes from Dublin to Holyhead and Belfast to Liverpool.

Sister ship STENA EDDA is due to commence operations from Belfast to Liverpool in spring 2020, with the third vessel STENA EMBLA expected to be introduced on the same route in early 2021.