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2020 Newsletter week 13

Mar 26
0

FERRY FINANCE

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STEF, Owner of La Méridionale, Celebrates 100 Years with 100 Million

One-century old Groupe STEF has for the first time exceeded a net result of EUR 100 million. Compared with 2018 this is a 6.2% improvement.

However, ferry subsidiary La Méridionale didn’t do so well, after having lost its main routes between Marseille and Ajaccio, and Marseille – Bastia.

The operational result was EUR – 6 million on a revenue of 94 million.

The company has set up an ‘industrial project’ with Corsica Linea for the 2021 – 2027 public service contract. The Corsican ‘Collectivities’ will create a ‘SemOp’: The SemOp are Institutionalized public-private partnerships, which have been introduced into national legislation in 2014. They give the local authority the opportunity to choose at least one private partner, which can hold between 15 and 66% of its capital. They are created for one single mission and are therefore time limited.

This SemOp will be created for the five ports included in next DSP. The Corsican ‘Collectivities’ will own 50.1%, and 49.9% will be owned by one ferry operator, or a group of operators.

LIVERPOOL SEAWAYS has been acquired from DFDS (EUR 30.6 million) but the ship is still in service in the Baltic. The ship will join the fleet in April.

The company is looking at several scenarios.

  • New routes, such as Marseille – North Africa, or Spain – UK.
  • Bareboat charter.
Annual report 2019 (in French)
Mar 26
0

FERRY PORTS

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“Tilbury-Zeebrugge Route to Rival Calais-Dover as a Gateway to Britain within 10 Years”

In less than a month’s time, a new port will come to market. The new terminal on the outskirts of London, Tilbury2, will inject a transformational amount of ferry capacity into the south east of England.

Tilbury’s owners, the Forth Ports group, are investing £250m in a new 160-acre site to create the UK’s largest unaccompanied freight ferry port and the biggest construction processing hub to feed the burgeoning domestic housing market.

Occupying the old Tilbury Power Station site just outside the M25, P&O Ferries will start operating the new terminal with significant headroom to grow their network of ferry connections to northern Europe. “They expect the Tilbury-Zeebrugge route to rival Calais-Dover as a gateway to Britain within 10 years,” writes Charles Hammond, CEO of Forth Ports, owner of the Port of Tilbury.

“Harnessing the best-in-class border processes, Tilbury2 will be Brexit match fit when the first ship docks at the start of April. Alongside other internationally oriented port operators, we have extensive experience of non-EU trade, and look forward to embracing the market opportunities on the horizon,” says Mr Hammond.

“The Tilbury2 project concludes our £1bn investment programme which was started eight years ago.”

In less than a month’s time, a new port will come to market. The new terminal on the outskirts of London, Tilbury2, will inject a transformational amount of ferry capacity into the south east of England.

Tilbury’s owners, the Forth Ports group, are investing £250m in a new 160-acre site to create the UK’s largest unaccompanied freight ferry port and the biggest construction processing hub to feed the burgeoning domestic housing market.

Occupying the old Tilbury Power Station site just outside the M25, P&O Ferries will start operating the new terminal with significant headroom to grow their network of ferry connections to northern Europe. “They expect the Tilbury-Zeebrugge route to rival Calais-Dover as a gateway to Britain within 10 years,” writes Charles Hammond, CEO of Forth Ports, owner of the Port of Tilbury.

“Harnessing the best-in-class border processes, Tilbury2 will be Brexit match fit when the first ship docks at the start of April. Alongside other internationally oriented port operators, we have extensive experience of non-EU trade, and look forward to embracing the market opportunities on the horizon,” says Mr Hammond.

“The Tilbury2 project concludes our £1bn investment programme which was started eight years ago.”

Mar 26
0

INDUSTRY ASSOCIATIONS

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EU Tries to Keep Goods Flowing with Green Lanes

European Commission President Ursula von der Leyen has announced so-called “green lane” measures to make sure goods keep flowing throughout the whole of the single market.

Member States are requested to designate all the relevant internal border-crossing points on the trans-European transport network (TEN-T) as ‘green lane’ border crossings. The green lane border crossings should be open to all freight vehicles, whatever goods they are carrying. Crossing the border, including any checks and health screening, should not take more than 15 minutes.

Mar 26
0

SHORT NEWS

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The Hellenic Ministry of Migration Charters SUPER JET & AQUA BLUE

Seajets’ HSC SUPER JET and AQUA BLUE have been chartered by the Hellenic Ministry of Migration and Asylum for the transportation of refugees from the Aegean islands to mainland Greece.

Both ships will make 4 sailings:

  • Lavrio – Samos – Chios – Lesvos – Kavala (Aqua Blue)
  • Kastelorizo – Rhodes – Symi – Kos – Rafina (Super Jet)
  • Rafina – Leros – Kalymnos – Kos – Rafina (Super Jet)
  • Kea-Kavala

Τhe price of the charter –for both vessels– according to the official contract was EUR 396,800.

Mar 26
2

STENA NOVA is Waiting to Sail for Europe

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Stena RoRo’s new acquisition STENA NOVA is waiting to start her long journey to Europe. The large vessel is currently at Kure (Kawanjiri) anchorage with her funnel without markings, and flying the flag of Panama.

She was the former Hankyu Ferry’s YAMATO and purchased by Stena RoRo in February 2019. She will be converted somewhere in Europe. However, it seems that the spread of the Covid-19 in Europe is likely to delay her future career.