Aug 11
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Growth in global oil demand is set to slow significantly by 2028

By 2023 Newsletter week 32

New IEA (International Energy Agency) medium-term report sees oil use for transport going into decline after 2026, but overall consumption is expected to be supported by strong petrochemicals demand.

Growth in the world’s demand for oil is set to slow almost to a halt in the coming years, with the high prices and security of supply concerns highlighted by the global energy crisis hastening the shift towards cleaner energy technologies, according to a new IEA report released today.

The Oil 2023 medium-term market report forecasts that based on current government policies and market trends, global oil demand will rise by 6% between 2022 and 2028 to reach 105.7 million barrels per day (mb/d) – supported by robust demand from the petrochemical and aviation sectors. Despite this cumulative increase, annual demand growth is expected to shrivel from 2.4 mb/d this year to just 0.4 mb/d in 2028, putting a peak in demand in sight.

In particular, the use of oil for transport fuels is set to go into decline after 2026 as the expansion of electric vehicles, the growth of biofuels and improving fuel economy reduce consumption.

Aug 11
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Fast ferry VILLA DE AGAETE covers the high-speed service between San Sebastián de la Gomera and Los Cristianos

By 2023 Newsletter week 32

Since last Sunday, August 6, HSC VILLA DE AGAETE has been covering the San Sebastián de La Gomera-Los Cristianos high-speed line, in which it makes three daily trips from Monday to Saturday and four trips on Sundays.

Likewise, the ferry VOLCÁN DE TABURIENTE now covers the Santa Cruz de La Palma-Los Cristianos direct line and vice versa, with two trips on Fridays.

[in Spanish]

Aug 04
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Spain’s first passenger ships powered by 2G biofuels sailing from Algeciras in August

By 2023 Newsletter week 30

Cepsa will supply second-generation (“2G”) biofuels for 84 voyages of Naviera Armas Trasmediterránea from the Port of Algeciras, reinforcing its commitment to sustainable fuels for maritime transport in Spain.

These biofuels are produced at the San Roque Energy Park (Campo de Gibraltar, Cádiz) from agricultural waste that would otherwise end up in landfills, thus promoting the circular economy.

The nearly 100 tons of renewable diesel supplied will avoid 63 tons of CO2 emissions, equivalent to planting 750 trees.

Biofuels can reduce CO2 emissions by up to 90% compared to conventional fuels, playing a key role in decarbonization of hard-to-electrify sectors like maritime transport.

Source: CEPSA

Aug 04
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AS Tallink Grupp Statistics for July 2023

By 2023 Newsletter week 30

In July 2023 AS Tallink Grupp transported 797,846 passengers, which is an 11.1% decrease compared to July 2022.

The number of cargo units decreased by 27.8% to 23,597 units and the number of passenger vehicles by 1.5% to 125,118 units year-on-year.

It must be noted that Tallink has several ships chartered out, which affected the capacity on the own routes.

Aug 04
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Condor’s new ship arrives in Portsmouth

By 2023 Newsletter week 30

Wednesday 3 August 2023, Portsmouth International Port welcomed CONDOR ISLANDER, the latest vessel in the fleet for Channel Island ferry service Condor, as part of berthing trials before it officially enters service in the autumn.

Andrew Williamson, Portsmouth International Port’s head of cruise and ferry said: “As a lifeline service to the Channel Islands Condor Ferries plays a crucial role making sure goods and passengers can travel efficiently and safely. This second ship in Portsmouth means more choice for both passengers and also extra resilience for freight too.”

As a critical shipping route for Channel Island trade, Portsmouth International Port and Condor Ferries recently agreed a new long-term deal, which cements their partnership until 2033. With sailings 364 days a year, the new addition of the Condor Islander and 10-year agreement, provides certainty for this vital freight and passenger service.

John Napton, Condor’s CEO, said, “We are making a few alterations from Islander’s previous operator so there are different requirements involved. Changes include installing a duty-free shop, changes to overnight cabin configurations and refreshing the passenger lounges.”

CONDOR ISLANDER was acquired by Condor in April 2023 from New Zealand, where she was operating for StraitNZ as the STRAITSMAN.

Photo: Compass Photography Services

Aug 04
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Seajets purchased Trasmapi’s HSC INCAT 045

By 2023 Newsletter week 30

According to the latest information, Seajets is the buyer of the Trasmapi’s HSC INCAT 045. The ship was purchased from the Spanish ferry operator in July 2021 with purpose to be introduced on the Algeciras – Tanger line. However, despite of her refurbishment, she remained inactive.

INCAT 045 will be the 18th High-Speed Craft in the Seajets fleet.

She will be delivered to her Greek owners within the next few days at Vigo.

The ship was built in Australia (Incat, Tasmania) in 1997 and she is a sister ship of HSC CHAMPION JET 1 and 2.

(ex-names: CONDOR RAPIDE, SEA LEOPARD, SPEED ONE, SPEEDONE, INCAT 045, WINNER, JERVIS BAY)

Aug 04
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Passenger traffic data July 2023 in the ports of Piraeus – Rafina – Lavrio

By 2023 Newsletter week 30

More than 2 million passengers moved this July from and to the ports of Piraeus, Rafina and Lavrio, registering a 7.85% increase compared to the same month last year.

Of these, 1.5 million were to and from the port of Piraeus, an increase of 8.55% compared to July 2022. (Cars +7.66%, trucks +5.73%, two-wheelers +7.82%.)

The largest increase in passenger traffic is observed in the Argosaronic Islands as 452,680 passengers moved this July compared to 389,908 in July 2022. This is an increase of 16.1% compared to last year.

A 4.99% increase in passenger traffic is also seen in the port of Rafina (cars +7.47%, two-wheelers +4.53%, trucks -2.9%).

It is noted that the port of Lavrio recorded an increase in passenger traffic by 7.57% and cars by 8.61%.

Aug 04
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Bridgemans Services Group has taken delivery of ro-pax ISABELLE

By 2023 Newsletter week 30

Bridgemans is now beginning an extensive retrofit of ISABELLE’s environmental systems and living, dining, recreation, and gathering areas to create a comfortable live-work home for large workforces.

When the retrofit in Estonia is finished in late 2023, the ferry will offer a luxurious home away from home that includes 650 newly renovated single cabins with private ensuites, a high-end dining room, lounges, meeting rooms, fast wi-fi, offices, first aid clinic, a state-of-the-art fitness facility, billiards and games room, and dedicated accommodations for crew members.

In April, Tallink Grupp signed a contract with Canadian enterprise Bridgemans Floatel LP/Bridgemans Services Group LP for a multi-year charter of the vessel ISABELLE, with a purchase option.