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2024 Newsletter week 40

Oct 04
2

MOBY CORSE Sold to New Italian Company Ferry Med

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The 1978-built ferry MOBY CORSE has been sold to a newly established company, Ferry Med Srl, based in Vado Ligure (Savona).

The sole owner is Rihard Stergulc, former managing director of Trans Europe Shipping Lines (TSL) and currently the general manager of Kajster, a Slovenia-based ship management company specialising in ferries and RoRo ships.

A source familiar with the matter confirmed to FSN that MOBY CORSE will be deployed on routes linking Southern Europe and Algeria for a new shipping company, which will be established and supported, to some extent, by the Algerian Ministry of Transport. This company will operate regular links between Spain, France, and Italy to Algeria with a fleet of RoPax ferries.

The sale price is believed to be under €8 million.

Built by the Danish shipyard Aalborg and delivered in 1978, MOBY CORSE was purchased by Vincenzo Onorato in 2009 for approximately €7 million to penetrate the Corsican market on the Toulon-Bastia route.

The ferry is 153 metres long, with a capacity to carry 400 cars and 1,120 passengers.

Oct 04
2

All Corsican Ports Paralysed

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On 3 October, Corsica experienced the start of a significant strike that paralysed all four airports and six ports on the island. The strike stems from a conflict between local officials and the French state regarding a plan to transfer management of the ports and airports to a quasi-public entity, allowing continued control without a formal bidding process. This action has caused widespread disruption in transport across Corsica.

Oct 04
2

CLdN Carbon Report 2024

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CLdN has released its first Carbon Report for 2024, outlining its commitment to sustainability and its alignment with the UN Sustainable Development Goals (SDGs) and International Maritime Organization (IMO) targets.

CLdN has actively prepared for stricter emissions norms for nearly a decade.

In 2023, Scope 1 emissions (direct emissions) totalled 781,098 tonnes of CO2e, mainly from shipping operations, which CLdN is working to decarbonise by investing in energy-efficient technologies and larger, more fuel-efficient RoRo ships.

Scope 2 emissions (indirect emissions from electricity use) were significantly reduced through the use of renewable energy, accounting for over 97% of all purchased electricity in 2023. CLdN’s multimodal approach, including road, rail, and ferry, has also achieved a 28% increase in rail transport while reducing road transport by 12% between 2021 and 2023, contributing to lower overall GHG emissions.

The company continues to explore greener fuels, electrification of vehicles, and data-driven optimisation for fleet energy efficiency to support its ambition to reduce its carbon footprint and support industry-wide sustainability initiatives.

Oct 04
2

PPA S.A. Reports Strong Revenue and Profit Growth in First Half of 2024

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Piraeus Port Authority (PPA S.A.) has announced a significant increase in both revenue and profits during the first half of 2024, demonstrating robust performance despite challenging global market conditions.

The company achieved a turnover of €93.1 million, representing a 9.5% rise compared to the same period in 2023. This strong financial outcome has been attributed to effective management across various business segments, including cruise, ferry, and car terminal operations.

The net profit for the period reached €21.3 million, marking a 17.4% year-on-year increase. PPA S.A. has attributed this success to strategic business decisions and enhanced operational efficiency, which have contributed to the port’s sustained growth. Despite an uncertain economic climate, the port has shown remarkable resilience, maintaining its role as a key hub for trade and transport in the Mediterranean.

PPA S.A. has expressed confidence in maintaining this upward trajectory for the remainder of the year, further consolidating its position as one of the region’s leading ports.

Source: OLP.gr

Oct 04
2

Baleària Expands Routes to Algeria, Enhancing Spain-Algeria Maritime Connections

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Baleària is set to expand its services to Algeria, introducing new routes progressively over the coming weeks.

These new connections will provide greater diversity in both the Spanish ports of departure (Valencia and Barcelona) and the Algerian destinations (Algiers, Oran, and Mostaganem). Baleària, which has been operating in Algeria since 2016, currently offers a weekly service between Valencia and Mostaganem.

Starting on 18th October, Baleària will add a second weekly connection between the port of Valencia and Algiers, complementing its existing service to Mostaganem.

By the end of December, the company plans to offer three weekly departures by introducing a new route between Valencia and Oran.

Furthermore, from 15th January, Baleària will establish a brand-new service connecting Barcelona and Algiers, in addition to maintaining two weekly connections from Valencia – one fixed to the capital, Algiers, and the other alternating weekly between Oran and Mostaganem.

Remark: newco Nouris Elbahr Ferries is about to start operations between Algeria and the European Continent with chartered CRACOVIA.

Oct 04
2

CLdN celebrates 25 years of service at the Port of Gothenburg

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In September 1999, CLdN launched its service between the Port of Gothenburg and Zeebrugge. Triggered by the forest industry giant Stora Enso’s need to reach the Central European market, Zeebrugge was identified as the optimal hub for distribution, with CLdN tasked to transport the goods by sea.

Since then, the service has evolved, expanding its route network to Spain, Portugal, the UK, and Ireland. Modern ships with greater capacity and top-class environmental performance have replaced the original fleet, initially designed for Stora Enso’s specific cargo needs.

The Gothenburg RoRo Terminal handles CLdN’s calls efficiently, integrating sea and rail traffic through the adjacent Arken Intermodal Terminal.

Looking ahead, CLdN continues to invest in sustainable transport, with new ships on order to enhance capacity and environmental performance.

Source: Port of Gothenburg

Oct 04
2

EUROCARGO VALENCIA and EUROCARGO SAVONA Sold by Grimaldi Group

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Two older RoRo vessels are departing the Grimaldi Group’s fleet. Sources familiar with the matter have informed FSN that the 2011-built EUROCARGO SAVONA has just been sold by Malta Motorways of the Sea to Baja Ferries and will be delivered in the coming weeks for a new assignment in Central America. The vessel, constructed by Odense Steel Shipyard, boasts a cargo capacity of 3,600 lane metres.

Meanwhile, an undisclosed South American company has purchased the 1999-built EUROCARGO VALENCIA, which was built in Italy by Cantiere Navale Visentini and offers a cargo capacity of 2,500 lane metres. The vessel is on her way to Brasil.

These sales are part of a fleet renewal programme that Grimaldi has already bolstered with the delivery of a dozen GG5G RoRo vessels. These new ships, built in China, each have a capacity of 7,800 lane metres.

Oct 04
2

WALLENIUS SOL Customers Can Opt for Biogas

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WALLENIUS SOL is enhancing its commitment to sustainable maritime infrastructure by launching a biogas offering that allows customers to “Lighten the Load” by purchasing liquefied biogas (LBG) corresponding to their fuel consumption.

“It may seem unusual for a shipping company to talk about ‘lightening the load,’ but this is about reducing our environmental impact through renewable fuels,” says CEO Elvir Dzanic.

With growing demand for renewable options, WALLENIUS SOL’s LBG service is ISCC-certified, offering customers a way to reduce their carbon footprint and ETS costs. “Reducing environmental impact is a collaborative effort,” adds Sustainability Manager Rebecca Tagaeus. “By offering flexible biogas options, we support a gradual shift from fossil fuels.”

Customers can choose between 10 to 100% LBG for their fuel mix. In 2022, WALLENIUS SOL introduced multi-fuel ice-classed vessels, BOTNIA ENABLER and BALTIC ENABLER, which lead their category in CO2 efficiency. “Together with our customers, we can accelerate the transition to renewable fuels,” says Tagaeus.

Photo: Mike Louagie

Oct 04
1

IMAGE CARDS

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The Finnish Ambassador to Poland, Päivi Laine, visited Finnlines’ office in Świnoujście on 27 September 2024, accompanied by Finnlines’ executives. The visit follows the successful launch of a new Malmö-Świnoujście route, which has seen positive growth in its first six months. This route responds to increased market demand and strengthens connections between Sweden and Poland, contributing to the company’s presence in the region.

Source: Finnlines

On 30 September, Fred. Olsen Express’s new RoRo vessel, Bahía Cargo, arrived in the Canary Islands. It will undergo maintenance and complete necessary administrative procedures before joining the fleet in November. This vessel is the second of its kind acquired by the company, complementing the service started by the Bentayga Cargo in May. The Bahía Cargo will enhance the supply routes between Las Palmas de Gran Canaria, Arrecife, and Puerto del Rosario.

 

Source: Fred. Olsen Express