Thessaloniki Port Authority Reports Strong Financial Growth in First Half of 2024

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Thessaloniki Port Authority S.A. (ThPA S.A.) has announced a significant increase in its financial results for the first half of 2024. The Group’s consolidated revenue grew by 17.3%, reaching €48.4 million, compared to €41.2 million during the same period in 2023. Key business units showed notable growth, with the container terminal’s revenue rising by 16.7% to €34.3 million, and the conventional cargo terminal by 20.7% to €10.9 million. The real estate sector and passenger traffic experienced increases of 11.0% and 108.5%, respectively. 

Profitability has also seen a substantial rise, with gross profits up by 29.2% to €22.4 million, EBITDA increasing by 37.6% to €20.8 million, and net profits after taxes soaring by 62.3% to €13.6 million.  

 Capital expenditures for the first half stood at €2.8 million, with more investment planned for the second half of the year to upgrade port infrastructure and equipment. 

 ThPA’s Executive Chairman, Mr. Athanasios Liagkos, highlighted the company’s strong performance and commitment to enhancing the port’s role in international trade and connectivity. 

 For more details, visit ThPA. 

More Veterans to Leave the Moby Fleet

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A few days after the sale of the 1978-built MOBY CORSE, the Onorato-controlled ferry company is reportedly selling the 55-year-old MOBY ALE, according to market rumours. The buyer is very likely to be a ship scrapper. 

Built by the Aalborg shipyard under the name MIKKEL MOLS for Mols Linien, this ferry was purchased by Moby Lines in 1996, entering service on the Piombino–Portoferraio route. 

Following the sale of the MOBY CORSE and the MOBY ALE, the seasoned small ferry BASTIA is being negotiated and has been repainted completely white. 

A New RoRo Ship for Mann Lines Launched at Cantiere Navale Visentini

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Cantiere Navale Visentini has just launched a new RoRo ship (hull number C.236) in Porto Viro, which is set to be on a long-term charter with Mann Lines. The delivery is scheduled for the second quarter of 2025. 

 This vessel is a sister ship (albeit longer) to the ML FREYJA, which was built by the same shipyard and delivered to Mann Lines in 2017. 

 The technical specifications are as follows: a garage capacity of 3,000 lane metres plus around 200 cars, an overall hull length of 203 metres, two Wärtsilä engines of 7,200 kW each, a speed of 22 knots, RINA class, Ice Class 1A, and methanol-ready. 

IMAGE CARDS

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China Merchants Jinling Shipyard (Weihai) has successfully completed sea trials for SAINT-MALO, the new E-Flexer RoPax commissioned by Stena RoRo and set to be operated by Brittany Ferries as from February 2025 between Saint-Malo and Portsmouth. 

She will replace the BRETAGNE. 

The Spanish company Repsol has begun supplying liquefied biomethane (bioLNG) to Brittany Ferries’ SALAMANCA and SANTOÑA vessels, which are powered by LNG, with a test delivery of 60 tonnes in Santander. The use of bioLNG can reduce CO2-equivalent emissions by nearly 100% compared to conventional LNG, without requiring any engine modifications or affecting ship performance. This bioLNG, produced from waste from agro-food industries, agriculture, households, and sewage sludge, comes from Spain’s first bioLNG plant in As Somozas, Galicia. 

Source: Brittany Ferries 

The electric ferry AURORA is undergoing a complete transformation while at the Landskrona shipyard, including a repaint, the addition of the Öresundslinjen logo, and a full renovation of all passenger areas. Technical systems are also being updated, with the ferry set to resume its Helsingborg-Helsingør route on 2 October 2024.  

Kristian Durhuus, CEO of Molslinjen, anticipates welcoming guests aboard the “new” ferry, particularly to the restaurant, Opus Wine & Dine, offering à la carte dishes and a carefully curated wine list, following the success of TYCHO BRAHe’s revamped dining experience earlier this year. 

Source: Via Ritzau / Molslinjen 

As of 1 November 2024, Anders Tenfält will be Stena Line’s new Chief Investment Officer of Stena Line portfolio companies and part of the group management team. 

In his new role at Stena Line, he will lead the development of Stena Line’s portfolio companies (Stena Line Travel Group, Sembo, R&F Travel Retail, Baltreiss Agency, Best Travel, Voigt Travel, CustomsLink, Freightlink and Anglesey Freeport).   

Source: Stena Line 

RoPax GOTHICA, former STENA GOTHICA, actually in the Port of Klaipeda, is being rebranded. We were told that the vessel got the logo of UKR Ferry on its funnel.  

PolferriesRoPax CRACOVIA is finally on its way to Algeria, where she will be used by the new company, Nouris Elbahr Ferries.