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2022 Newsletter week 6

Feb 10
4

DFDS January: freight up 14% driven by Mediterranean and UK routes

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  • Freight volumes in January 2022 were 13.8% above 2021.
  • The volume growth in January was mainly driven by higher volumes on UK and Mediterranean routes.
  • Volumes on all UK routes increased considerably compared to last year as volumes in the first month post-Brexit were reduced by new rules and procedures as well as stock-building ahead of Brexit.
  • Volumes in the Mediterranean network were up on all routes on the back of deployment of more capacity and continued good growth in Turkish exports.
  • For the last twelve months 2022-21, total transported freight lane metres increased 6.7% to 43.2m from DKK 40.5m in 2021-20.
  • The total number of passengers in January 2022 was 45.7% above 2021.
  • The number of passengers increased between Norway and Denmark, while the number of passengers on UK and Baltic routes were on level with 2021.
  • For the last twelve months 2022-21, total number of passengers was 0.9m compared to 1.3m in 2021-20 and 5.1m in 2020-19, the latter being the latest pre-Covid-19 year.
Feb 10
4

DFDS Q4: growth set to continue in 2022

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“In spite of Covid-19, Brexit, and supply chain bottlenecks, we delivered a strong result for 2021. In 2022, we look to raise both revenue and earnings more than 20%,” says Torben Carlsen, CEO.

  • EBITDA increased 19% to DKK 915m in Q4
  • Supply chain bottlenecks eased during Q4
  • Early signs of pick-up in passenger numbers
  • EBITDA expected to grow more than 20% in 2022
  • Total dividend of DKK 8.00 per share planned

OUTLOOK 2022

  • EBITDA range DKK 3.9-4.4bn (2021: DKK 3.4bn)
  • Revenue growth of 23-27%
  • Investments of DKK 2.3bn
Read the Interim and Full-year Q4 2021 Report here:
Feb 10
4

Logistics Provider CLdN Cargo Launches Italian Connection

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Starting Monday February 14, CLdN Cargo will launch its own intermodal rail connection between Rotterdam and Montirone (Italy), the company announced in a press release.

The service will initially operate three times a week connecting CLdN’s own Rotterdam roro terminal with the Magli Intermodal Service (MIS) Terminal in Montirone, 13 km south of Brescia.

This intermodal connection will move CLdN Cargo’s own trailer and container equipment combined with other types of equipment sourced by CLdN’s forwarding division.

CLdN group says it has the ambition to continue to invest in sustainable multimodal transport such as rail and roro shipping.

Feb 10
4

Onorato and Ars Altmann’s new concession in Piombino put on hold

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Moby ARS New Terminal Auto Logistics (Manta Logistics), joint venture between Onorato Armatori and the German shipping and logistics operator ARS Altmann built for handling roro and new vehicles, was ranked respectively first and second in two new areas set to be granted in the port of Piombino but the procedure has been put now on hold by the local port authority.

The project presented by Manta logistics was to create a new hub for the shipment of new vehicles and to build up a 300,000 m² terminal for storing cars on the north dock of the port.

For this purpose Onorato signed an agreement with Germany’s ARS Altmann AG, one of the leading service providers of automotive logistics in Europe, and the investment in Piombino should be around €17 million.

The reason behind the decision to stop the procedure is linked to the surrender from Liberty Magona, which was ranked first to obtain some of the areas in concession.

Feb 10
4

The Wight Shipyard Co announces merger with multinational shipbuilder OCEA

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The Wight Shipyard Co. announced in a press release an all-share merger with the complementary multinational shipbuilder OCEA to create a combined group to capitalise on the fast ferry and offshore renewable energy markets opportunities.

Based at their primary yard in Les Sables d’Olonne, OCEA employs more than 500 skilled operators with further facilities in France, including the Caribbean and the Philippines.

The merger comes on the back of the news that The Wight Shipyard Co. has secured the contract for two new ‘Uber Boat by Thames Clippers’ with the shipyard already into the design and build of the next generation of Clipper-class vessels utilising the very latest battery-power technology and re-charging options.

OCEA SA is one of the world’s leading aluminium shipbuilders, specialising in the design, building and support of aluminium vessels up to 125 metres in length.

Feb 10
4

Car ferry ST DAMIAN sold for scrap

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According to the weekly vessel scrap report 2022 (Week 5), ST DAMIAN (ex VIKING 3, WASA EXPRESS, ROSSLAGEN, IONIAN SPIRIT) eventually sold for scrap for 425 USD/t.

The ferry is the last of the popular Papenburg sisters (9 ships) that go for dismantling.

The Panama-registered ship operated between Brindisi and Vlora from 2016 until October 2021, before she was laid up in Paloukia (Salamis).

Photo: Christos Chatzaras (follow on Instagram)

Feb 10
4

Saos Ferries’ PANAGIA AGIASSOU sank at her anchorage

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After a 12-year lay up in the port of Piraeus, Saronic Gulf and Spanopoulos yards (Ambelakia, Salamis), roro PANAGIA AGIASSOU sank on the spot.

The old Japanese ferry was laid up at Ambelakia next to Nel Lines’ TAXIARHIS (1976) and THEOFILOS (1975) since January 2018 awaiting her fate, while there were a few attempts for her removal that failed.

Photo: Christos Chatzaras (follow on Instagram)

Feb 10
4

MARSHAL ROKOSSOVSKY, dual-fuel train ferry for the Ust-Luga – Baltiysk line arrived in Kaliningrad

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Russia’s first dual-fuel roro train ferry MARSHAL ROKOSSOVSKY has successfully completed its delivery voyage from Tuzla (Istanbul) to Kaliningrad.

The first of two vessels, she was built by Kuzey Star Shipyard and LLC Nevsky Shipyard.

In the near future, the ferry will be put on the Ust-Luga – Baltiysk line, which is strategically important for Russia. (Source: Rosmorport)