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2019 Newsletter week 6

Feb 08
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FERRY SHIPPING

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DFDS’ Biggest Ro-Ro Ferry Ever Enters The Fleet

On 31 January Henrik Tidblad, Director of Fleet Management DFDS, concluded that the necessary documents had been exchanged and that the Jinling yard had safely received payment.

This means the first of six 6,700 lane metre ferries is soon ready to be deployed on the Turkey-Trieste route.

DFDS still has to announce her official name.

The entry of the first vessel in service will most probably create reshuffles on other routes.

On the picture: the entire DFDS team that handled the delivery. Front row, second from the left: Henrik Tidblad, Jesper Aagesen, Jens-Peter Baltsersen and Ole Færge. (source and photo DFDS News)

Feb 08
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Troubled Flensburg Shipyard Has A Future

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Last week it was reported how Flensburger Schiffbau-Geselschafft got into liquidity problems.

Siem Industries Group, the Norwegian owner of FSG has now taken several steps to get the yard out of the trouble zone.

The CEO, Rudiger Fuchs, has left the company, and Siem’s Alexander Gregg-Smith took over. He was already FSG’s interim CEO in 2016.

Employees and suppliers are being paid by Siem.

The shipyard has a healthy orderbook. State guarantees are being negotiated.

Feb 08
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The DFDS Shipping Division Is Now Called The Ferry Division

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Peder Gellert, DFDS Executive Vice President and Head of the Ferry Division, announced that it has been decided to change the name of the Shipping Division to the Ferry Division.

“It is difficult for people who do not know our industry well to understand the nature of our business more precisely if we are described by the general term ‘shipping’. It will emphasise our important role for travel and trade and even for nations, such as when the UK government relies on our network to ensure the supply of critical goods in case of a no-deal Brexit.”

“However, it makes no sense to use the name Ferry Division unless we refer to our ships as ferries. This means that we will now start using the term ferry for our ships.

In the Ferry Division, we operate ferries: freight ferries, cruise ferries and, passenger and freight ferries.”

Adopting the name will be a gradual process.

Feb 08
0

FERRY PORTS

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Port Of Ystad: Another Year With Increased Volumes – And New Records

Ystad Hamn can once again look back on a record period. Since 2015 the Swedish port set new records every year and this trend continued in 2018.

Ystad is the one of the largest ports in Sweden, with daily ferry traffic to Poland and Bornholm.

“Cargo, trucks, passengers and passenger cars continue to increase,” explains Ystad Hamn President and CEO Björn Boström. Railway wagons continue to decline, which has been the case since a long time.

The number of buses are increasing, which is primarily due to the fact that the Bornholm Line, since they took over the Ystad-Rönne traffic, have their own bus line from Copenhagen. The bus continues the journey by ferry.

The number of buses in the Poland traffic has increased as well. Both Polferries and the Bornholm Line have increased their traffic with more trips compared to the previous year.

Statistics for 2018

+1.3% Pax 2.2 million

+1.8% Cars 580k

+7% Trucks & trailers 267k

+30% Buses 3.8k

-2.3% Rail wagons 7.9k

Feb 08
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Ports Of Naples And Salerno Close To 7.5 Million Ferry Passengers Handled In 2018

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The port authority of Central Tyrrhenian sea in Italy revealed the final statistics for cargo and passenger traffic in 2018.

The port of Naples closed the past year with 6,729,717 passengers handled in the short sea and deep-sea ferry business, which resulted in a 0.7% increase compared with the previous year.

In Salerno the increase was higher (+10%) and resulted in 756,453 units embarked and disembarked from the ferries. From both the ports are active maritime links with the small islands in the Gulf of Naples and with the bigger islands of Sardinia and Sicily.

As for the cruise business, Naples closed 2018 with 1,068,797 passengers (+16%) while the port of Salerno handled 76,431 cruisers (+17%).

Feb 08
0

FINANCE

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DFDS Reached New All-Time High Result In 2018

DFDS can look back on a very strong 2018 and growth is set to continue in 2019 on the back of the recent expansion of U.N. RoRo in the Mediterranean.

The company will shortly introduce the first of the Chinese freight ferries. The expanded capacity will support their customers’ growth.

DFDS is also feeling confident being ready for their customers with whatever the Brexit outcome will be.

+13% Q4 revenue DKK 4.0bn

+20% Q4 EBITDA DKK 688m

+10% Full-year revenue DKK 15.7bn

+11% Full-year EBITDA DKK 3.0bn

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Feb 08
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Passenger Records For Fjord Line

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Fjord Line can look back on a record year with strong passenger growth in both Western Norway and Eastern Norway.

The largest growth in 2018 was the domestic route Stavanger-Bergen-Stavanger, with a 24% increase in the number of passengers (59,000).

Sandefjord-Strømstad also increased significantly – from 394,200 guests in 2017 to 458,900 in 2018. This corresponds to a growth of 16%.

Kristiansand-Hirtshals noted a total of 209,800 guests, an increase of around 4,000 passengers compared to 2017.

In total, the company carried 1,386,700 passengers in 2018, 8% more than in 2017.

“We already notice that the response from the market is good. We sail in the tailwind and expect that 2019 will be a new record year, ”says CEO Rickard Ternblom.

Feb 08
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INDUSTRY ASSOCIATIONS

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New Conference Venues For 2021 And 2022 Underline Interferry’s Global Vision

Interferry has confirmed locations for the 2021 and 2022 editions of its annual conference.

The global trade association’s 46th annual conference will take place in October 2021 in Santander, Spain, hosted by Brittany Ferries

The 2022 edition will be a twin-venue event in Marrakesh and Tangier, Morocco, hosted by FRS.

Feb 08
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INTERESTING READS

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ESPO Interviews The CEO Of The Port Of Tallinn

This month ESPO is taking you to the Baltic region, and more precisely to the Port of Tallinn, where Mr Valdo Kalm has been CEO of the company since beginning 2016.

This interview is about the strengths, challenges and ambitions of the Port of Tallinn. And about the Port of Tallinn’s introduction to the stock exchange.

Read the full interview