Apr 07
4

Marine Battery Market (Statistics & Outlook): 2021-2030

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The global marine battery market size was valued at US$ 0.37 billion in 2021 and is projected to reach US$ 1.99 billion in 2030 registering a CAGR (compound annual growth rate) of 20.5%.

Key drivers of the marine battery market include the rapid expansion and penetration of marine freight transport vessels and rising leisure activities related to water sports.

Further, the boom in usage of lithium-ion batteries in marine vessels and their various benefits over lead-acid batteries is expected to propel the growth of the marine battery market during the forecast period.

On the other hand, the hassles related to the proper maintenance of batteries will restrict the market growth. However, the growing acceptance of hybrid and electric vessels for eco-friendly transportation will accelerate the market in the coming years.

Source: Valuates Reports
Apr 07
4

Leclanché to supply 10 MWh battery system for Scandlines’ zero-emission freight ferry PR24

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The world’s largest hybrid ferry will be powered by a Leclanché liquid-cooled lithium-ion battery system manufactured at Leclanché’s European factories.

Leclanché’s Marine Rack System will incorporate the latest fast-charging 65Ah high cycle battery cells with a 10-year lifespan.

Announced in November 2021, Scandlines ‘ zero-emissions ferry project will be powered by an advanced 10MWh lithium-ion battery energy storage system (BESS) from Leclanché.

Leclanché is among a number of companies selected to provide key components, systems and expertise, including Norwegian companies Kongsberg Maritime and Norwegian Electric Systems (NES).

The ferry was designed by LMG Marin AS, Norway and will be built at Cemre shipyard in Turkey.

Scandlines zero-emission freight ferry will be 147.4 meters long. The cargo capacity of the double-ended ferry will be 66 cargo units and carry a maximum of 140 passengers at a speed of 10 knots.

As a hybrid ferry, the crossing time between the two ports will be 45 minutes. In purely electric operation, the crossing time is 70 minutes and the ferry is emission-free.

Apr 07
4

Aged roro GIUSEPPE SA sold at auction for a special price of EUR 4.6 million

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Veteran roro ship GIUSEPPE SA is going to be revitalized after being idle for the last year in the port of Piombino.

The 1975-built ship, up to date owned by MOBY, has just been sold at auction to undisclosed buyers for EUR 4.6 million, a final price much higher than the initial tender value of EUR 1.56 million.

The sale at auction was disposed by the Court of Milan and it’s part of the debt restructuring process involving Vincenzo Onorato-controlled group.

Looking at the age the roro vessel in question was expected to be bought for scrap but instead it seems now that will restart operating with its capacity to accommodate up to 376 passengers and 103 trailers.

Apr 07
4

RINA and Fincantieri join forces in research and development for alternative fuels

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Italy’s classification society Rina and shipbuilder Fincantieri have signed a memorandum of understanding to develop synergies in the field of decarbonisation, with a focus on alternative fuels, carbon capture and renewable energies in the shipping sector.

The agreement sees the involvement of the two companies in initiatives related to technology scouting, the analysis, study and simulation of new fuels and energy vectors – in particular hydrogen and ammonia – and carbon capture.

RINA and Fincantieri will also co-participate in EU-financed R&D projects and engage in the development of “green finance”.

Apr 07
4

Schottel acquires the majority stake in elkon: Marine propulsion and electric system integration expertise combined

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The German propulsion expert Schottel and elkon, the Turkish specialist for marine electrical system integration, will operate as partners in the maritime market in the future.

The corresponding contract for the purchase of the majority stake in elkon by the holding company Schottel Industries GmbH has now been signed in Istanbul, Turkey, and announced at Nor-Shipping.

Read more
Apr 07
6

Horizon Sea Lines purchased HSC ALMUDAINA DOS

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The newly established Horizon Sea Lines is the buyer of Acciona’s HSC ALMUDAINA DOS (1997). The ship (former SUPERSEACAT ONE) was purchased for EUR 4.8 million and will fly the flag of Cyprus. She is expected to arrive in Greece mid April and will be renamed SANTA IRINI.

The monohull will undergo a small refit and will then be chartered to the Cretan Transportation Services (CTRS) for daily service on the Heraklion – Santorini line.

The charter company is a subsidiary of the KTEL Heraklion-Lassithi S.A (Bus Company).

Photo: Minas Akepsimaidis

Apr 07
4

Veteran SUPER STAR returns to Cyclades as from April 8

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SUPER STAR, ex PRINCE LAURENT, SUPERFERRY II, is coming back on her old service in Cyclades.

Under Seajets ownership she will serve daily on the Rafina – Andros – Tinos – Mykonos – Paros line from April 8.

The legendary vessel will sail every afternoon from the port of Rafina at 16.45. She was sold last April from Golden Star Ferries and serves the specific line since January 1993 under Strintzis Lines and Blue Star Ferries livery.

Photo: Spyros Roussos

Mar 31
4

How will MSC Group rescue Moby and Tirrenia?

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Following the breaking news announcement that MSC Group will enter the capital of Moby through a capital increase aimed at paying Tirrenia in Amministrazione Straordinaria (Tirrenia AS = bad company controlled by the Italian Ministry of Economic Development) to allow the immediate reorganization of the Moby group, some more details on the deal are emerging.

The news site Reorg Research revealed that the Geneva-based shipping group MSC will invest about EUR 80 million for a minority stake (25%) in the Italian ferry group and this money will be partly used to repay creditor Tirrenia AS, “which is going to be paid straight after the concordato homologation, and not in four years as previously envisaged.”

“Tirrenia AS will recover about 45%,” sources report.

The 45% recovery will consist of “a EUR 23 million first instalment after the concordato homologation, which will come from the EUR 63 million new money investment made by Moby’s secured creditors, while the rest will be provided via MSC’s money. The remaining cash out of MSC’s EUR 80 million investment will stay on the company’s balance sheet.”

All the ships in fleet will be transferred to a new vehicle company, named ShipCo.

Some ships are destined to be subsequently reassigned to Cin and Moby while others will be progressively sold. Everything that this ShipCo will generate from the rentals and sales of the assets will be used to partially repay the credits with banks and bondholders. Onorato Armatori will remain 75% of a company that owns the routes, the brands and the port terminals but which will be emptied of its fleet.

A green light to the ‘rescue plan’ is still needed from Tirrenia AS and from the Court of Milan.

Addendum 30 March: An agreement in the terms of the debt restructuring has just been reached between Moby and Tirrenia in Amministrazione Straordinaria

Mar 31
4

P&O Ferries: new powers to protect maritime workers

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In a speech to the House of Commons, Secretary of State for Transport Grant Shapps announced several measures, including ensuring that all UK ferry operators pay the national minimum wage and that ferries are fit for purpose.

“P&O Ferries’ failure to see reason, to recognise the public anger and to do the right thing by their staff has left the government with no choice,” the Minister said.

He announced a package of 9 measures:

  1. HM Revenue and Customs to check that all UK ferry operators are compliant with the National Minimum Wage where they should be.
  2. Maritime and Coastguard Agency (MCA) to review their enforcement policies.
  3. Prevent employers, who have not made reasonable efforts to reach agreement through consultation, from using fire and rehire tactics.
  4. CEO of P&O Ferries should resign.
  5. Pursuing worldwide agreements at the International Labour Organisation.
  6. From next week, the reforms to Tonnage Taxcome into effect, making it easier for maritime businesses to set up in the UK.
  7. Engage with international partners to discuss how maritime workers on direct routes between the countries and the UK should receive a minimum wage.
  8. Intention to give British ports new statutory powers to refuse access to regular ferry services which do not pay their crew the National Minimum Wage.
  9. “I will be writing to all ports in the UK explaining our intention to bring legislation as quickly as possible. But, in the meantime, instructing them not to wait. I want to see British ports refusing access to ferry companies which don’t pay a fair wage as soon as practical.”
Read Grant Shapps’ oral statement to Parliament