Attica Group’s Superfast XI Goes for Scrubbers

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The following months, Attica Group will install open loop scrubbers on seven vessels of its fleet. The first ship to undergo that conversion will probably be Superfast XI which operates on the Patras-Igoumenitsa-Ancona run.

Entering that procedure, Attica Group reaffirms its commitment to adhere to the “Ancona Blue” Agreement (Social / Environmental Responsibility) signed in 2018 with the Ancona Port Authority. The purpose of the above Agreement is to reduce the levels of air pollution in the wider area.

Superfast XI was built in Germany (Flender Werft) in 2002.


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Stena AB’s Ferry Division Is Strong Performer In the Group

Stena AB key figures for first nine months

Profit Before Tax = SEK 192 million (SEK 1,076 million)

Consolidated EBITDA, excluding net gain on sale of assets and change in fair value of investment Properties = SEK 5,938 million (SEK 3,856 million)

Consolidated EBITDA, including net gain on sale of assets and change in fair value of investment Properties = SEK 7,098 million (SEK 6,775 million)

Ferry Operation Stena Line (for the first nine months)

Improved and all-time high EBITDA compared to last year, mainly due to increased car volumes, passenger- and freight volumes.

EBITDA = SEK 2,958 million (SEK 2,490 million)


Increased EBITDA mainly due to stronger rates in all tanker segments compared to last year together with more operational days and higher rates for the LNG vessels.

Strong contract coverage and utilisation rate across the roro fleet, offset by lower charter income as a result of vessels sold in 2018.

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Irish Continental Group’s Ferries Division Performing Particularly Strongly

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Irish Continental Group (ICG) issued a trading update which covers carryings for the year to date to 23 November 2019 and financial information for the first ten months of 2019.

Consolidated Group revenue in the period was €308.8 million, an increase of €23.5 million or 8.2% compared with last year. While increases were achieved across all of the Group’s revenue streams, a significant proportion of the improvement arises in the Ferries Division from the improved schedule integrity following the prior year disruptions.

The overall effect of the continuing uncertainty about Brexit is generating negative impact on consumer sentiment and trade flows as investment decisions are delayed.

Ferries Division: Total revenues recorded in the period to 31 October amounted to EUR 184.3 million, a 7.1% increase on the prior year. This increase was driven by schedule changes, additional cruise ferry capacity following the entry into service of the W.B. Yeats in January replacing the previous Oscar Wilde and improved schedule integrity following the significant disruptions in the second half of 2018.

For the year to 23 November:

+1.6% cars

+10.5% roro units

A second cruise ferry is being built in Flensburg, with a contracted delivery of late 2020. It is intended that this vessel will service the Dublin/Holyhead route alongside the existing Ulysses with the chartered Epsilon being returned to its owners.

BC Ferries Q2 Results

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Main figures for Q2 (July-August-September):

  • 48,000 sailings
  • 7.7 million passengers (-1.5%)
  • 2.9 million vehicles (+0.1%)
  • +4.5% net earnings

Mark Collins, BC Ferries’ President & CEO: “It appears that the traffic growth has reached its peak and, coupled with the recent price cap ruling, this makes prioritizing capital expenditures even more important. All net earnings are reinvested back into the coastal ferry system, which is critical to ensure we continue to operate a resilient and affordable service.”


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Ports Are Stronger Together

In 2019 Port of Antwerp signed Memoranda of Understanding with ports all over the world. Various project teams from the different ports are working towards wider partnership aimed at facing the challenges of the future together and achieving higher levels of performance.


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Investigation of Marine Accident With Viking Sky Recalls Safe Return To Port

The Accident Investigation Board Norway has initiated a safety investigation after the incident with the cruise ship Viking Sky’s engine failure at Hustadvika (Norway) on Saturday 23 March 2019.

The AIBN issued an interim report with a simplified narrative and initial findings from the incident. The report also include actions taken by the company. Further, the AIBN support the Norwegian Maritime Administration’s recommendations issued shortly after the incident.

Areas of further investigation include:

  • Engine room alarm management
  • Passage planning
  • Decision support
  • Lubricating oil management
  • Evacuation and LSA
  • Safety management
  • Local weather conditions and bathymetry
  • Safe Return to Port

“The Future of Shipping, Challenges and Possibilities” by Emanuele Grimaldi

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The international seminar “Breaking Waves”, brought together top leaders and maritime experts in Helsinki on 21 November 2019, in order to discuss themes of interest to the industry, such as digitalisation, automation and environmental sustainability.

In his speech at the event Mr Grimaldi commented on the future of shipping, its challenges and possibilities.

“While shipping is already today the most efficient method of moving goods and people around the world, its green bar will be set higher and higher. In April last year the IMO concluded a ground-breaking agreement on CO2 emissions, “The Paris Agreement for Shipping”. IMO’s ambition is to reduce greenhouse gas emissions by at least 40% by 2030 and 50% by 2050 comparing to the 2008 level. Considering that the fleet capacity will have increased dramatically meanwhile, this means that we will have to reduce greenhouse emissions per ship by 80%. This means basically to aim for a zero-emission ship creation and diffusion,” Grimaldi said.


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Attica Group invests in Digital Transformation implementing the Fleet Management System SERTICA, in cooperation with Logimatic

In the framework of its Digital Transformation, Attica Group is implementing the Fleet Management System SERTICA, in cooperation with the Danish Company Logimatic. The aim is to ensure reliable vessel operations and high quality ship management.

Through SERTICA, all data related to the technical management and operation of the vessels is centrally controlled. This results in significant improvement of the workflow and in the efficient planning of scheduled maintenance works.

In addition, International Safety Management Code (ISM) is fully digitized. A particularly important advantage of the application is also the complete overview of all fleet data, reducing dry docking time and repair costs. The implementation of the System is expected to be complete in October 2020.