ECSA: FuelEU Maritime is a step forward towards shipping’s energy transition

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European shipowners (ECSA) welcome the climate ambition of the new Regulation and consider it as an essential stepping stone towards establishing the right conditions for the energy transition of shipping.

“European shipowners congratulate the negotiators for their hard work and the final outcome. This is a step in the right direction to ensure shipping has the right tools for its energy transition. But we need all hands on deck and, in particular, more robust requirements for fuel suppliers to deliver the clean fuels needed.”

“Therefore, we call on the Parliament and the Council to support binding targets on suppliers for clean marine fuels in the revised Renewable Energy Directive (RED). FuelEU Maritime, together with RED and the ETS revenues used to bridge the price gap with clean fuels, can put shipping on the right energy transition path”, said Sotiris Raptis, ECSA’s Secretary General.

ESPO welcomes the agreement on FuelEU Maritime to reduce emissions from shipping during navigation and at berth

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“We are pleased that for the first time there is an agreement on the greening ambitions for shipping, both during navigation and at berth. The requirements for ships when to use of electricity at berth, will hopefully break the chicken and egg discussion,” says ESPO’s Secretary General Isabelle Ryckbost.

“We hope however that the flexibility given to shipping lines to decide their own greening path, will also be mirrored in the upcoming agreement on AFIR (*). There is no time and no money to lose, for shipping lines nor for ports. Reducing emissions, fast and efficient, should be the main ambition. We hope the AFIR is also giving some flexibility to ports to prioritise investments in onshore power in ports where it makes the most sense.”

(*) AFIR Alternative Fuels Infrastructure Regulation

New tender for maritime continuity between Sardinia and Italy launched with starting price of EUR 42.4 million

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Italy’s transport ministry has just published a new dedicated tender for the next cycle of maritime continuity between the Italian mainland and Sardinia.

  • Route: Civitavecchia – Arbatax & Cagliari
  • One ro-pax less than 30 years old, no less than 900 passengers, and a capacity of 1,200 lane metres
  • EUR 42.4 million
  • Deadline 5 May 2023

From September 2021 until 22 March 2023, this same service has been operated by Grimaldi Group which currently deploys ro-pax CORFU.

Grimaldi – Minoan – EKEV signed the acquisition of a majority stake in the share capital of the Igoumenitsa Port Authority

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On 21 March 2023, the joint venture established by the companies Grimaldi Euromed S.p.A., Minoan Lines S.A. and Investment Construction Commercial And Industrial S.A. (EKEV SA) signed an agreement with the Hellenic Republic Asset Development Fund (HRADF, the fund which manages the program of privatization of ports and other public assets in Greece and a member of GROWTHFUND – The National Fund of Greece) which provides for the purchase of a majority stake of 67% of the share capital of the Igoumenitsa Port Authority (IPA S.A.) for a total price of EUR 84.17 million.

The signature of the share purchase agreement takes place after the approval of the Court of Auditors, while the ratification of the concession agreement between the Greek State and IPA S.A. by the Greek Parliament is imminent.

The signing ceremony that took place at HRADF’s premises was attended, among others, by the Minister of Maritime Affairs and Insular Policy, Ioannis Plakiotakis, the Secretary General of Ports Port Policy and Maritime Investments, Evangelos Kyriazopoulos, the CEO of HRADF, Dimitris Politis, the President and Managing Director of Grimaldi Euromed S.p.A., Emanuele Grimaldi, the CEO of GROWTHFUND – The National Fund of Greece, Grigoris D. Dimitriadis, the Corporate Short Sea Commercial Director of the Grimaldi Group, Guido Grimaldi, the CEO of Minoan Lines, Loukas Sigalas, The Chairman and Managing Director of EKEV S.A., Athanasios Koulouris, the President and Managing Director of the Igoumenitsa Port Holding Company S.A., Paul Kyprianou, the CEO of IPA S.A., Athanasios Porfyris, the Member of Parliament for Thesprotia, Vasileios Giogiakas, the Mayor of Igoumenitsa, Ioannis Lolos and the Mayor of Filiates, Spyridon Pappas.

Kerkyra Seaway’s double-ended ferry IONAS sold to Türkiye

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  • Kerkyra Seaway’s double-ended ferry IONAS (former MONGIBELLO, BUDELLI, MIGUEL HERNANDEZ, FREJA SCARLETT, SUPERFLEX HOTEL) has been sold to a Turkish ferry operator and will soon depart for Istanbul.
  • The ship is part of the popular Superflex class and served the Igoumenitsa – Corfu and Igoumenitsa – Paxoi lines since 2012.
  • She stopped sailing on February 18, 2023.
  • Turkish flag and renamed MEGAMAR.
  • She will probably serve on a Northern Cyprus run.

Piraeus Port Full Year 2022 – A new historic record high in revenue and profitability

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PPA S.A. announced the Full Year 2022 financial results, the best ever performance achieved in both revenue and profitability.

+26.2% turnover €194.6 million

+51.7% profits before taxes €74.7 million

+43.9% profits after taxes €52.9 million

The coastal shipping business recorded an increase compared to the previous year. Total passenger traffic in 2022 showed a growth of 26% with 14,976,394 passengers compared to 11,896,187 in 2021.

P&O PIONEER is in Europe, on her way to the Channel

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  • New OSK-Shiptech designed hybrid ferry P&O PIONEER Docks at DP World Limassol for bunkering.
  • She is set to be the world’s largest Hybrid double-ended ferry and is expected to cut fuel usage on the Dover-Calais crossing by 40%, delivering a major carbon emission saving, says the P&O press release.
  • The berthing, bunkering and marine services will be carried at the terminal by DP World Limassol, Unifeeder and P&O Maritime Cyprus

Stena Line and Anglesey County Council welcome successful freeport bids

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Stena Line and Isle of Anglesey County Council joint bid to establish a Freeport in Holyhead has been successful. The Freeport status was granted by the UK and Welsh Governments, marking a significant economic boost to North Wales.

  • Simplified customs and trade rules will apply. In future, goods entering Anglesey Freeport will not be subject to the UK’s usual tax and customs regime.
  • In a press release, Stena says the announcement signals the beginning of the process to revitalise the GB land bridge, which has suffered a 20% reduction in trade since Brexit.
  • The Freeport will reduce the need for hauliers to transit goods around the southern tip of the UK, “a process which is both environmentally damaging and economically inefficient.”