Oct 13
0

BC Ferries: More ships, more service

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Modernization and replacement of vessels, terminals and IT systems are the centrepieces of BC Ferries’ Performance Term Six submission provided to the BC Ferries Commissioner recently for rate determination activities.

The 12-Year Capital Plan responds to anticipated passenger and vehicle growth and changing customer needs. It includes:

  • Building 7 new major vessels to replace 6 existing ships, and an incremental vessel to support growth and improve resiliency
  • Building 4 more Island Class vessels to improve capacity on inter-island routes
  • 2 new Island Class to serve the Crofton – Salt Spring Island route
  • 1 new Island Class to serve the Quadra Island – Cortes Island route
  • 1 new Island Class to serve as a relief vessel and allow for the redeployment of existing vessels to support growth on several routes.

In addition to investments included in the 12-Year Capital Plan, BC Ferries is planning customer enhancements including:

  • Expanding two-ship operation on the Horseshoe Bay – Langdale route during peak season to increase sailing frequency.
  • Increasing sailing frequency between Nanaimo and Metro Vancouver to better support changing travel patterns.
  • Providing an additional sailing each week in peak season between Prince Rupert and Haida Gwaii.
  • Deploying a second vessel on the Swartz Bay – Salt Spring Island route in peak season.
  • Deploying a larger vessel on the Denman Island – Hornby Island route in peak season.
https://www.bcferrycommission.ca/
Oct 13
0

SET is building three new ferries for HADAG

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In August 2022 Hamburg transport company HADAG ordered three innovative ferries from SET GmbH, which are ready for hydrogen propulsion and will soon expand HADAG’s fleet of 26 ships.

The shipyard SET Schiffbau- und Entwicklungsgesellschaft Tangermünde mbH signed the contract for the construction of the new ferries, which will have innovative plug-in hybrid drives.

Since they were technically designed for the use of hydrogen technology, completely emission-free operation will soon be possible on the Elbe.

The Type 2030 ships represent a step towards sustainability and climate neutrality for HADAG.

Concept Design by naValue GmbH

Oct 06
0

ANEK, H1 Results

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+ The sharp recovery from the pandemic in conjunction with the considerably positive developments in tourist traffic and the relevant proceeds during the summer period, created optimism regarding the performance of the sector and the Greek economy in general.

– However, the deterioration of the international economic climate with the ongoing geopolitical instability and energy crisis, led to an increase in costs and prices in general, preserving a climate of uncertainty.

– Huge increase in the price of fuels that formed in unprecedented levels, burdened excessively the operating cost, absorbed the benefit from turnover increase, worsened significantly the operating results and prevented the effort to preserve adequate working capital.

Statistics

-15% itineraries / +61% pax / +28% vehicles / -11% freight units

Financial figures

+28% Group Turnover EUR 74.2 million

+13% Parent company turnover EUR 64.7 million

EBITDA

Group losses of EUR 12.0 million over EUR 0.7 million

Parent Company losses of EUR 11.7 million versus EUR 1.6 million.

Financial Results

The net financial cost of the Group and the Parent Company amounted to EUR 5.6 million versus EUR 5.4 million.

Net Results

Consolidated net results after taxes and minority interests for the first half of 2022 amounted to losses of EUR 22.6 million over EUR 12.1, while correspondingly, Parent Company’s net results after taxes formed at losses of EUR 20.7 million versus EUR 11.9 million.

ANEK > Attica

On 26 September 2022, the Company’s Board of Directors decided –following the agreement between Attica and the major creditors and shareholders of ANEK– the commencement of the procedure

ANEK PDF
Oct 06
0

Tallink Grupp reports largest quarterly passenger number since 2019

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September

The September figures reflect the fact that as of 20 September 2022, six of the company’s vessels are chartered out.

+26.5% pax / +0.6% freight units / -4.7% pax vehicles

Q3

The biggest passenger number increase during the quarter was on the Finland-Sweden route with the passenger number increasing in Q3 2022 by a total of 82.2% compared to the same period last year.

The Estonia-Finland route also saw significant recovery in passenger numbers during the quarter year-on-year with the passenger number up in 2022 by 61.7%

+65.5% pax / +13.1% freight units / +21% passenger vehicles

Commenting on the statistics, Paavo Nõgene, CEO of Tallink Grupp said: 

 “As we enter the last quarter of this turbulent year, we have taken several steps to secure our business over the low season, both through unpleasant, but vital price increases as well as various charter agreements for our vessels. Although the latter means that we have less services to offer our loyal customers over the coming months, it also means that we have secured the future of these vessels in our fleet and will be able to offer more of these services again once our vessels return to the Baltic Sea.”

Oct 06
0

Grimaldi (1): announced new orders and new lines at the XXV Euromed Convention

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At the occasion of the XXV Euromed Convention held in Sorrento, small village not far from Naples, where Gianluigi Aponte (MSC) was born, the Grimaldi Group made some interesting announcements.

2 more GG5Gs

CEO Emanuele Grimaldi revealed that a new order for further two GG5G roro ships has been signed with Jinling shipyard, taking the total number of ships of this project to 14.

The next two will cost roughly $100m each, some 30% more than the first 12 ordered in 2018 for $66m per unit.

10 more PCTCs

Grimaldi also confirmed that before the end of the current month, another order for 10 Pure Car Truck Carriers will be signed with a shipyard part of the China Merchants group for a contract worth $1billion and with delivery expected from 2025 onwards.

Far East

After having consolidated its market position in the Mediterranean, Northern Europe, North and West Africa and the east Coast of America, Grimaldi Group started covering the Far East to Europe route with car carriers following the demand and strong interest coming from various car manufacturers. At least 7 ships will be deployed on the new line calling the ports of Busan (South Korea), Singapore, Shanghai, Tianjin and Guangzhou (China), Chiba (Giappone), Port Kembla and Brisbane (Australia), Dammam and Jeddah (Saudi Arabia), connected with Gioia Tauro in Italy and Antwerp in Belgium.

Roro > Ropax

As for the local ferry market in Italy Emanuele Grimaldi anticipated the intention to extend to the passenger transport the lines currently operated only for roro freight traffic between the ports of Naples, Palermo and Cagliari.

Oct 06
0

Grimaldi (2): about the Hellenic Coastal Shipping and ports

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Attica-Anek Lines agreement

“Wait and see” said CEO Emanuele Grimaldi. He does not consider the agreement finished since the decision of the Competition Commission is pending.

Buying Attica?

To the question about whether he would be interested in buying Attica Group, sometime in the future, he said that “We have not heard of Attica being sold.  In any case, for there to be a buyer, there must also be someone to sell.”

However, in such a hypothetical deal, he hinted that there would be an issue with the Competition Commission and the anti-trust law.

Greek ports

About the ports of Igoumenitsa and Heraklion that Grimaldi Group is interested in, he mentioned: “Many people think we play aggressively. But the reality is that we play defence. Because in both ports, Grimaldi Group is the big customer. Some 60% of the port of Igoumenitsa’s revenue comes from us.

So, what we are trying to do by participating in both tenders for the ports of Igoumenitsa and Heraklion, is to protect our investments.

Unlike to other financial investors, the Grimaldi Group does not seek profit nor does it intend to increase fares. I am the biggest user of these ports and want to see them grow and improve their services.”

Especially in Igoumenitsa his plans include the development of trade roads around the axis of Egnatia motorway, while at the port of Heraklion he underlined that Minoan Lines has significant presence.

Oct 06
0

One of the world’s largest fast ferries has been launched at Austal’s fast ferry yard in the Philippines

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EXPRESS 5, the new Molslinjen ferry, is the world’s largest in terms of the number of cars and passengers.

The ferry can accommodate up to 1,610 passengers and 451 cars on two car decks.

The interest in Bornholm has increased so much that the capacity on the ferry route (to Ystad) was quickly challenged, and therefore Molslinjen together with the Ministry of Transport decided already in 2019 to place an order for the construction of EXPRESS 5.

EXPRESS 5 is to be handed over to Molslinjen around the turn of the year 2022/2023.

First trip with passengers on 20 March 2023.

Link to video of launch (at bottom)