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2022 Newsletter week 7

Feb 17
4

More time for Moby and CIN

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Moby S.p.A.” announced on February 15, 2022, that the Court of Milan has granted to the Company and to its subsidiary, CIN S.p.A., a deferral of the meeting of creditors, as result of a filing to the Court, last January 19, of the new continuity Plan.

The new meeting dates have been set for 20th and 27th June 2022, respectively for Moby and CIN, setting the date for 31 March 2022 as a deadline for filing, inter alia, the agreement with Tirrenia di Navigazione SpA in Amministrazione Straordinaria, which represents the main CIN creditor, missing from the consent to the restructuring plan, which has seen the two Companies overcome the difficulties of the pandemic repositioning itself as a leader in the reference markets.

(Message by Moby’s investor relations communication)

Feb 17
4

Tender launched for a new ropax ship to be built for the Sicily Region

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Sicily Region has just officially launched a tender for finding shipyards interested in building a first new ropax vessel to be deployed on the routes to and from Lampedusa and Pantelleria islands.

A first tender launched last year failed at finding interested parties for building two units.

Tender price has now been increased to EUR 100 million  for one vessel (of which 4.5 million are a fixed value related to safety equipment), while last year the same contract was worth EUR 130 million for two units.

Offers must be submitted before March 22nd.

Feb 17
4

Maritime continuity ‘for sale’ from Civitavecchia to Arbatax and Cagliari

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Italy’s transport ministry has just launched a dedicated tender for the next cycle of maritime continuity between Italy mainland and the Sardinia island regarding specifically the route linking the ports of Civitavecchia, Arbatax and Cagliari.

The tender is for a regular link to be served for 12 months with one ro-pax ship aged less than 30 years and capable of transporting no less than 600 passengers and 820 lane metres ro-ro cargo.

Tender price is EUR 13 million while the deadline for submitting the offers is February 28th.

Since last September and for six months (expiring at on March 22nd) the same service is operated by Grimaldi Group (EUR 6 million).

Feb 17
4

UK economic boost expected as Portsmouth showcases sustainable port masterplan

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Portsmouth International Port is looking beyond its boundary as  it sets out an ‘ambitious sustainable future’ following the launch of its 20-year Masterplan on Wednesday 16 February, which is expected to generate £739m in ten years.

As a result the port has developed a Masterplan that will focus on:

  • expansion of port land to cater for increase in unaccompanied freight
  • extension of berth to cater for ships up to 300m
  • creation of out-of-city pre gate and storage facilities
  • smart technology to manage cargo and passenger flow
  • sustainable infrastructure to manage alternative power demands
  • achieve net zero by 2030
  • facilitate a new electric ferry service
  • upgrade facilities at international cargo terminal Portico
  • new Border Control Post
Feb 17
4

Arm wrestling between Collectivity and Corsica Ferries continues

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At the end of September, the Collectivité de Corse (CDC) was definitively ordered by the Council of State to pay 86.3 million euros to Corsica Ferries in compensation for the damage related to the ‘illegal subsidy’ of its competitor, the former SNCM between 2007 and 2013.

February 10, 2022, was the deadline to settle the entire amount and its interest.

After a long legal battle, condemnation of the CDC, and lobbying, the French State announced that it would grant 50 million euros to the CDC, to help to pay its fine.

Now a procedure has been started by the prefecture for the remaining sum due to Corsica Ferries for an amount of 9.2 million euros (the interests).

Feb 17
8

Attica Group’s newbuilding catamaran AERO 1 launched in Norway

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The first of three ‘Aero’ catamarans ordered a year ago by Attica Group, has been launched by Norwegian shipyard Brødrene Aa.

All Aero’s will be introduced in the Saronic Gulf service within 2022. A Greek crew is already in Norway to inspect and get acquainted with the first new vessel.

The total investment amounts up to EUR 21 million and is covered by equity and bank lending. All three ships are expected to be delivered within the first four months of 2022.

Length 36m | 150 pax | 34 knots

Feb 17
4

Tallink Grupp and Port of Tallinn reached compromise agreement in a court dispute

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Tallink Grupp and Port of Tallinn have reached a compromise agreement, which ends the court dispute between the two parties which started in March 2021 over the port dues offered to passenger ferries in the Old City Harbour.

Tallink Grupp will waive all submitted claims against the Port of Tallinn in this case

Port of Tallinn will change the port dues applied to passenger ferries operating regular routes to and visiting the Old City Harbour.

New port dues will apply to all ferry operators operating regular routes to the port.

Full details
Feb 17
6

A new public service delegation for the Newhaven-Dieppe ferry line

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The Newhaven-Dieppe ferry line, operated under the Transmanche Ferries brand, is currently run by DFDS Seaways under a public service delegation contract with the SMPAT.

This five-year contract will terminate on 31 December 2022.

To ensure continuity of service, the SMPAT has decided to launch a call for tenders (in French) to allow the new public service delegation to start as of 1 January 2023.

Feb 17
4

ISABELLE returns to Riga after two years of absence

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Tallink Grupp’s vessel ISABELLE is undergoing regular maintenance in the Turku Repair Yard, prior to returning to Port of Riga after two years of absence

ISABELLE, which until the start of the pandemic operated on the company’s Riga-Stockholm route, is getting a regular dry-docking, scheduled from 12 to 25 February 2022.

After the technical maintenance works, the vessel will proceed directly to the Port of Riga where she will wait for the re-opening of company’s popular Riga-Stockholm route in April 2022.

Feb 17
4

Planning approval for development of Marchwood port

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Solent Gateway has announced planning consent has been granted for the development of Marchwood Port in Southampton. Port of Marchwoord is known for the MoD roro ships.

The development of the port approved by New Forest District Council, will modernise its operations and facilities, create new jobs and bring investment to the area, whilst providing improved capability and support to the Ministry of Defence.

The improvements will allow a wide range of cargoes and commodities to be transported through the port using its roro and lolo facilities and stored onsite.

The port is also a tax site and customs site as part of the successful Solent Freeport bid and offers outstanding sea, rail and road connectivity.

Solent Gateway Ltd was formed in 2016 and is a joint venture between David Macbrayne Limited and GBA (Holdings) Ltd to develop and manage the Port of Marchwood, Southampton Water for 35 years.