Sep 29
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EUROCARGO SICILIA sold – FINNMASTER transferred from Finnlines to Grimaldi

By 2022 Newsletter week 39

The 2009-built EUROCARGO SICILIA has just left Grimaldi’s fleet.

The 3,700 lane metre vessel, controlled and operated by the subsidiary Malta Motorways of the Seas, has been sold and delivered to BajaFerries which will rename her CALIFORNIA STAR II.

As from now EUROCARGO SICILIA will be the new name of the former FINNMASTER (photo) which has just reached the port of Naples after being transferred from Finnlines’ fleet to Grimaldi, for deployment in the Med. (Built 1998 – 1,775 lane metre).

Up to now she was deployed between the UK and Finland.

Sep 29
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High-speed craft SANTA LUCIA enters service on the Termoli – Tremiti islands link in Italy

By 2022 Newsletter week 39

Nine months after the purchase which took place in January this year, the Gianluigi Aponte-controlled short-sea ferry company Navigazione Libera del Golfo finally deployed the fast catamaran renamed SANTA LUCIA (ex IRIS 1) on the Termoli – Tremiti islands daily link.

IRIS 1 was purchased for over EUR 5 million but some unexpected works (made my La Nuova Meccanica Navale shipyard in Naples) were requested in order to be in line with the condition of the ports of call.

The ship came in Greece in November 2019 shipped on the vessel ROLLDOCK SUN. She was purchased from the Korean Nam Hae Express Co and her former name was GEOHUNG IRIS.

Built in Norway (Kvaerner Fjellstrand) 1999 | 452 pax | 52 private cars | 40 knots

Sep 29
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CADENA 3 to Hansa Destinations

By 2022 Newsletter week 39

CADENA 3 has been chartered by Hansa Destinations for the Rostock — Nynäshamn route, in replacement of ELIANA MARINO.

Hansa Destinations operate six days a week in each direction between Rostock and Nynäshamn. Departure from both ports is at 19:00, with arrival in early afternoon the following day. [schedule]

Sep 29
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STENA EBBA sets sail towards the Baltic Sea

By 2022 Newsletter week 39

After completion at the China Merchant Jinling (Weihai) shipyard, China and successful sea trials, Stena Line has now taken delivery of its fifth E-Flexer ferry from Stena RoRo. (the 8th E-flexer in total – this one being 240m long)

STENA EBBA will join its sister vessel STENA ESTELLE on the Karlskrona — Gdynia route later this year.

Sep 22
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Attica Group: Announced the merger with ANEK Lines to the Athens Stock Market

By 2022 Newsletter week 38

According to an official Attica Group press release (in Greek) the deal contains:

  • The merger with the absorption of ANEK Lines by Attica Group with an exchange of one common or preferred share of ANEK for 0,1217 new common registered shares of Attica Group and
  • the payment of EUR 80 million for full and complete repayment of ANEK Line’s loan to its creditors from the consolidated scheme which will be formed on the date of the completion of the merger.

The agreement was sent on Tuesday 20 September 2022 by the legal advisors to be signed by the representatives of the contracting parties.

The Boards of Directors of both companies will be convened in accordance with the law and decide on the initiation and individual parameters of the merger process.

Attica Group points out at its press release that:  “We estimate that the specific agreement will benefit the shareholders, the employees and the suppliers of both companies as well as the Hellenic Coastal Shipping.”

Sep 22
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CLdN to acquire Seatruck Ferries from Clipper Group

By 2022 Newsletter week 38
  • CLdN to acquire all shares in Seatruck Ferries Holding Ltd. from Clipper Group.
  • After approval from the Irish competition authorities, expected before end of year.
  • With 8 purpose-built vessels, Seatruck Ferries is the leading RoRo operator on the Irish Sea, transporting close to 20% of the region’s seaborne cargo volumes.
  • The parties have agreed not to disclose the transaction price.
  • The divestment of Seatruck Ferries allows Denmark-based Clipper Group to devote all financial and managerial resources to further strengthening its global dry cargo business.
  • After closing, the Seatruck operation will continue to run under the Seatruck Ferries brand with the existing management team lead by Alistair Eagles.
  • Joint impacts of COVID-19, Brexit and driver shortages are expected to accelerate growth in the unaccompanied trailer sector.
Sep 22
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Passenger traffic in Greek ports increased by 91,9%

By 2022 Newsletter week 38

According to the Hellenic Statistical Authority’s latest report:

  • The total passenger traffic in the Greek Ports (Provisional Data) in the first quarter of 2022 increased by 91,9% compared to the first quarter of 2021, while in the first quarter of 2021 there was a decrease by 46 % in comparison to the first quarter of 2020.
  • The total car traffic in the Greek ports in the first quarter of 2022 increased by 43,6% compared to the first quarter of 2021, while in the first quarter of 2021 there was a decrease by 24% in comparison to the first quarter of 2020.
Sep 22
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Diesel ferry LYSEFJORD to be converted into fully electric

By 2022 Newsletter week 38
  • Lysefjord was originally delivered from Oma Baatbyggeri in 2006 and will be rebuilt by the same yard from diesel propulsion to fully electric operation.
  • The vessel will be equipped with Norled’s battery swap system SHIFTR.
  • After the conversion, the ferry will have the capacity to transport a truck of 20 tonnes, or alternatively 7 cars in combination with 70 passengers.
Sep 22
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Refinancing of Havila Kystruten`s ships

By 2022 Newsletter week 38
  • Havila Kystruten has signed term sheets with lenders for refinancing of the fleet and has set dates for start of operations in route for HAVILA POLARIS and HAVILA POLLUX.
  • The financing totals to EUR 370 million and covers payment to Tersan on delivery of HAVILA POLARIS and HAVILA POLLUX as well as redemption of existing debt related to all ships.
  • The scheduled start-up on route for HAVILA POLARIS is set at the latest 29th of December 2022 and HAVILA POLLUX at the latest on 22nd of March 2023.
Sep 22
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Guernsey will not buy a new passenger ferry for the island: UPDATE

By 2022 Newsletter week 38

Referring to last week’s article:

Whilst it is correct that Guernsey’s Chief Minister did state that the government will not be investing in a ropax for the Island, the initiative and joint investment do continue.

John Napton, Condor Ferries’ CEO, said: “As we confirmed in January of this year, Condor and the States of Guernsey have been working on a joint venture with regard to a conventional passenger and freight vessel.

The potential acquisition of a ship would be mutually funded through an investment vehicle, with Condor operating the vessel as an addition to our existing fleet.

We are determined to invest in the Islands’ future by developing freight and passenger services and if a new ship can be acquired, it would improve resilience and reliability.”