ICG returns to profit in 2022

By 2023 Newsletter week 10

Irish Ferries’ owner Irish Continental Group (ICG) returned to the black in 2022 with an operating profit of EUR 66.7 million (EUR 0.2 million loss in 2021).

The Ferry Division operating profit was EUR 46.4 million (EUR 17.4 million loss in 2021).  This includes charter revenue of EUR 17.2 million (2021: EUR 8.1 million).

  • Passenger, car and on-board revenue up 175.8% to EUR 162.7 million.
  • RoRo freight revenue up 95.2% to EUR 184.7 million.
  • Operating costs increased by 99.7% to EUR 304.2 million.
  • Company is confident of growth in 2023 despite global economic situation.
  • Dover – Calais route has met market share targets ahead of schedule and company has confidence in passenger carrying growth.
  • Traffic showing ongoing trend of returning from Ireland – EU routes to the Irish Sea landbridge.
  • Duty free sales performed in line with expectations on the Irish Sea, however the opportunity for increasing income exists, especially on the Channel.

2023 performance to date was also shared.

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Increased intermodal capacity for Stena Line

By 2023 Newsletter week 10

From 13 March, the logistics and transport company NTEX increases its intermodal service with a new collaboration with Stena Line and the Italian railway operator Hannibal.

A twice weekly rail service between Europort and Melzo (Milan) will boost the existing daily departures in both directions between Italy and the UK.

Intermodal transport by train and ferry creates a 70% CO2 saving in comparison to delivering mainly by road.  In addition it delivers a quicker transit time and increased trailer capacity with loading up to 28 tons.

Photo: NTEX.

Hydrogen solution for Norwegian ferries

By 2023 Newsletter week 10

Torghatten Nord, has ordered hydrogen fuel cells from PowerCell for two ferries, in a contract valued at EUR 19.2 million.  The two companies also intend to enter into a long-term service agreement.

The Norwegian government has set as a requirement that the new ferries across the Vestfjord at Lofoten must be emission-free.  The fuel cell systems will enable the two ships to cut carbon dioxide emissions by 26,500 tonnes a year, equivalent to the annual emissions of 13,000 cars running on diesel fuel.

The ships will have a capacity of 599 passengers, 120 cars and twelve trucks. Delivery is to take place during the fourth quarter of 2024.

Photo: PowerCell

Viking XPRS raises Finnish flag

By 2023 Newsletter week 10

At a ceremony at Skatudden, Helsinki on 6 March, the Finnish flag was raised on the VIKING XPRS.

The reflagging from the Estonian flag makes Viking Line Finland’s biggest employer in maritime transport.

The 2008-built VIKING XPRS operates on the Helsinki – Tallinn route. Staff on the vessel will be transferred to the Finnish salary system and become direct employees of Viking Line. The crew previously worked through an Estonian staffing company.

175 people work onboard with around 10% previously being crew of the ROSELLA, sold at the start of the year.

Master Stefan Dahlström said;

“We also have a number of experienced staff who were shifted over from our other vessels as well as former VIKING XPRS crew members. The reflagging will make hiring easier for us and give our staff greater opportunities to move between the vessels.”

The company has 1,200 permanent seafarers and about 500 fixed-term employees in Finland on vessels registered in Finland’s Register of Ships.  Four of the company’s five vessels – VIKING XPRS, VIKING GLORY, and VIKING GRACE AND GABRIELLA – are Finnish flagged.  CINDERELLA sails under the Swedish flag.

Photo: Viking Line

Ramsgate to welcome ferries again?

By 2023 Newsletter week 10

In March, Thanet District Council is to discuss proposals to bring ferry services back to Ramsgate port.

An option is to sub-contract the operation of the ferry port to a third party to better facilitate investment.  There is a firm belief by the Council that the port can fill a niche in ferry port capacity in South Eastern England

Photo: Thanet District Council

Holland Norway Line examines port move

By 2023 Newsletter week 10

Holland Norway Lines (HNL) is reported to be considering a move from the port of Eemshaven.

The company has had significant disruption to services in recent weeks due to their berth being required for other traffic.  It is understood that HNL’s period of exclusive use of the berth at the Dutch port has ended.

HNL is said to be looking at other port options, including the German port of Emden.  The company’s website states that a solution should be in place in 6 to 8 weeks.

Chartered from the Tallink Grupp, the ROMANTIKA operates the HNL cruiseferry service to Kristiansand.

Photo: Holland Norway Line