CAP DE BARBARIA will be zero-emission in port

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From the beginning of summer 2023, Balearia will link Ibiza and Formentera with the first electric ferry in Spain with zero emissions during stays and approaches to port.

CAP DE BARBARIA will be launched September 28th at the Armón shipyard in Vigo and will have the athlete Andrea Romero, from Formentera, as godmother.

The new ferry will be able to transport 14 trucks and 350 passengers with a very tight energy consumption, without emitting polluting gases in port thanks to its electric propulsion.

HSW’s HELLENIC HIGHSPEED charter to AML has expired

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  • On September 9, 2022 an inauguration ceremony will take place at the port of Piraeus for the innovative newbuilding catamaran ferries (AERO 1,2,3) of Hellenic Seaways (Attica Group).
  • The 3 modern vessels were built in Norway (Brødrene Aa) and will be officially presented to the public and the press.
  • They made their maiden arrival at the port of Piraeus on August 3, 2022
  • They were introduced on the Piraeus – Aigina – Agistri – Poros – Hydra – Spetses – Hermioni – Porto Heli line on August 8th with great success.
  • 17 daily sailings
  • Expected to increase passenger traffic in the Saronic Gulf by 25%.

Next year FRS Baltic moves to Trelleborg

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  • The FRS Baltic high-speed ferry SKÅNE JET has been operating between Sassnitz and Ystad since 2020.
  • For the start of the 2023 season, Port of Ystad will be replaced by nearby Port of
  • FRS Baltic will expand the range of day trips. In addition to Ystad, new excursions are planned to Lund, the “Cambridge of Sweden”, Copenhagen and Malmö.
  • FRS says Trelleborg is excellently suited as a hub for the cargo business. The transport of small freight units and express general cargo will complement FRS Baltic’s service portfolio from the year 2023.

Algerie Ferries’ link Naples-Algeria to become full-year

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The maritime bridge launched at the end of July by Algerie Ferries, linking the port of Naples and Algeria, will not be stopped at the end of the summer season but extended for the full year.

The announcement was made from the Algerian ambassador in Italy during a ceremony held in Naples.

Michele Giromini, head of CNAN Italia, general agent of the ferry company in Italy, said to Ferry Shipping News that the link operated with the ropax vessel EL DJAZAIR II was successful. “During this initial test phase, the line has worked well both in terms of traffic and from an operational point of view. Therefore, the connection will go on until next January with two calls per month and afterwards it will be increased to four monthly calls at each port.”

Black Sea roro shipping: influence of the Russian invasion of Ukraine on the regional transport industry

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In this guest article, Informall BG cargo analytical bureau [LinkedIn] writes about the Black Sea ro-ro & ro-pax market, identifying the influence of the Russian invasion of Ukraine on the regional transport industry.

A considerable part of regional Black Sea trade between countries of Ukraine, Turkey, Romania, Bulgaria, Georgia was carried out via ro-ro vessels. However, Black Sea has seen its ferry services coming to a virtual standstill since the end of February 2022.

Some topics in the article:

  • Impact of the Russian-Ukrainian war on the regional ro-ro carriers
  • Ro-ro terminal development in the region
  • Ro-ro business opportunities in the Black Sea region today
  • Economic impact on the region

Color Line H1, 2022: results return to normal levels

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  • Color Line’s results are back to normal level in H1 despite the impact of the pandemic at the start of the year, high fuel prices and overall price increase
  • The result is driven by positive developments in demand, increased ticket revenues, good customer values ​​and a stable freight market.
  • Revenue NOK 2.2 billion (628,718 million same period last year)
  • Operating profit NOK 238 million (loss of -48,280 same period last year)
  • Passengers 1,405,360 (which is still 14% lower than H1 in last normal year 2019)
  • Freight units 86,348 (which is 3.3% lower than H1 in 2021)

Outlook

Color Line expects an annual result at least in line with a normal year.

Click on cover below to access the report (via Oslo Stock Exchange)

Stena AB H1, 2022: improvement

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  • Consolidated Revenue SEK 23,599 (16,796) million
  • Consolidated EBITDA SEK 5,547 (2,973) million
  • Result before taxes SEK 82 (–890) million
  • Liquidity position remains strong. As of 30 of June 2022 available liquidity amounted to SEK 19.3 billion

Stena ferry operations

  • EBITDA increased compared to last year. SEK 2,062 million (1,110)
  • The result is mainly an effect of increased travel and freight volumes as well as improved travel rates compared to last year.

Shipping

  • Increased EBITDA within Tanker segment due to higher rates together with increased EBITDA within RoRo segment mainly due to delivery of newbuildings in 2021: SEK 291 million (115)

Click on cover below to access the report (PDF)

Molslinjen orders two new electric ferries

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The Danish Ministry of Transport announced last week that Molslinjen had won the two tenders for the Alslinjen and Samsølinjen. The very next day, contracts were signed for the construction of two new electric ferries with Cemre Shipyard in Turkey.

Alslinjen’s ferry is to be put into operation by September 2024, while Samsølinjen’s ferry is to have its first trip in January 2025.

DFDS receives BBB- investment grade credit rating from scope

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DFDS A/S has received a first-time issuer rating of BBB- with stable outlook from Scope Ratings GmbH (Scope). DFDS A/S’ senior unsecured debt was also rated BBB- in line with the issuer rating.

The rating corresponds to an investment grade credit rating. It has been obtained to support and enhance access to capital markets as well as to optimise the financing cost on future bond issuances.

Nordea advised DFDS A/S as Sole Rating Advisor in the credit rating process.

Hansa Destinations marks one-year anniversary

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Exactly one year ago (30 August 2021), Gotlandsbolaget’s Hansa Destinations launched its new 18-hour ferry service between Nynäshamn and Rostock.

In May 2022, the service was expanded with daily departures. Interest among passengers has so far exceeded expectations, although the switch of freight traffic from road to sea has been slower than Gotlandsbolaget had hoped.