By | 2021 Newsletter week 2 | No Comments

Port of Zeebrugge Welcomes the New Service from Wallenius SOL

Wallenius SOL has started to operate the two chartered ships, FIONIA SEA and JUTLANDIA SEA. They operate on the Kemi-Oulu-Husum-Zeebrugge-Antwerp-Vaasa route.

FIONIA SEA arrived in Zeebrugge for the first time on 13 January, coming all the way from the Gulf of Bothnia (with Husum as new port on Swedish side).

Eurostat: Top 5 of EU RoRo Ports (tonnage) in Q2, 2020

By | 2021 Newsletter week 2 | No Comments

Dover remained the largest European roro port in Q2 of 2020.

On the other side of the Channel, the port of Calais was in the second place, followed by Immingham, Dublin and the Swedish port of Trelleborg, which enters the top 5 for first time.

The five ports recorded a substantial fall in Q2 compared to the same quarter of 2019; the largest observed for Immingham (-23.7 %), followed by Calais (-13.3 %), Dublin (-13.2 %), Dover and Trelleborg (both 12.1 %).

When looking at the overall annual change compared to the previous period, all five ports also registered a fall. The highest was observed for Dover (-11.8 %), followed by Calais (-11.4 %), Immingham (-6.1 %), Dublin (-4.8 %) and Trelleborg (-2.7 %).

Trasmediterránea Rescued with an Injection of 340 million

By | 2021 Newsletter week 2 | No Comments

Naviera Armas, owner of Trasmediterránea, has closed an agreement with its main financial creditors (Barings, Bain Capital, Cheyne Capital and JPMorgan) to convert a total of 240 million euros in debt into capital and, in addition, receive a liquidity injection of up to 100 million euros through a bridge loan, according to Expansión.

To save the current economic situation, the Armas family intends to contribute 40 million with the sale of the (fast ferry) ship VILLA DE TENOR. In this way, Armas will be able to maintain control of the group’s rights.


By | 2021 Newsletter week 2 | No Comments

On January 8, 2021, Minoan Lines’ KNOSSOS PALACE (2002 ex CRUISE BONARIA, OLYMPIA PALACE) was introduced on the Piraeus-Heraklion-Chania Line, replacing her fleetmate CRUISE BONARIA (2000 ex-KNOSSOS PALACE), which joined the Italian Grimaldi Group fleet.

Photo: Angeliki Sarikavazi

Blue Star Ferries’ BLUE STAR DELOS scrubber conversion is in progress at Perama repair zone. The “blue” ship stopped service at the beginning of November 2020 in order to perform Attica’s scheduled scrubber program. In January 4, 2021 she entered dry dock for her annual maintenance –until January 20- and she is expected to return in service on February 2021. Next will follow – for the same conversion- the sisters BLUE STAR MYCONOS and BLUE STAR CHIOS.

Photo: Archipelagos.com

The hull of Fanølinjen’s first electric ferry (GROTTE) was towed by tug DOLPHIN from the yard in Szczecin, Poland to Hvide Sande, Denmark, where the vessel will get her engines, interiors and other equipment.

Naviera Armas has launched the year 2021 with a reorganization of the line that connects the south of Tenerife and La Palma and offers a daily departure from the port of Los Cristianos, so that it goes from five to seven weekly frequencies. The service is provided by the VOLCÁN DE TABURIENTE.

Irish Ferries already decided to put W.B. YEATS on Dublin-Cherbourg. Now EPSILON will also provide an additional Cherbourg sailing this weekend.

Irish Continental Group plc announced that it has applied to the London Stock Exchange to change the currency in which the Company’s Share Units are traded on the London Stock Exchange from Euro to Sterling. It is expected this change will become effective at 8.00 A.M. on 13 January 2021.

The currency in which ICG’s Share Units are traded on Euronext Dublin will remain Euro.  The Company’s financial statements will continue to be presented in Euro.