Seajets Purchase 4 Vessels From Golden Star Ferries

By | 2021 Newsletter week 18 | No Comments

On April 29, 2021, it was confirmed that Seajets agreed to purchase 4 vessels from Golden Star Ferries:

  • 3 high-speed crafts (SUPERRUNNER, SUPERCAT, SUPERSPEED)
  • 1 conventional ferry SUPERFERRY II (photo)
  • The highspeed crafts will be delivered directly, while SUPERFERRY II will be delivered in October after the end of the summer season.
  • When the deal is completed, Seajets will own 22 vessels (18 high-speed crafts, 4 conventional ferries).

FERRY PORTS

By | 2021 Newsletter week 18 | No Comments

DFDS Awarded Tender To Operate New Duty-Free Shop In Calais

DFDS has since 1 January 2021, in accordance with the new Brexit trade agreement, offered duty-free sales on board its four ropax routes connecting the UK and the EU.

Following a tender, DFDS has been awarded the right to operate a new duty-free shore-based shop in the Port of Calais. The 1,000 m2 shop is expected to open in October 2021.

In the Dunkirk port terminal, operated by DFDS, a shore-based duty-free shop of 700 m2 is expected to open in July 2021. Both shops will provide convenient access for cars.

It is expected that the new shops will attract new travellers for day trips to the Hauts-de- France region once travel restrictions are eased.

DFDS expects to replace CALAIS SEAWAYS with COTE D’OPALE this summer on the Dover-Calais route. The new ferry will feature a 1,100 m2 duty-free shop.

“Welcome Tallink Silja!” Says Port Of Ystad

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In July, SILJA SYMPHONY will call Port of Ystad on a domestic cruise, combining Stockholm with Visby on the island of Gotland – and the scenic city of Ystad with surroundings. This is possible thanks to the investment in two new berths in the outer port, opened this year. The vessel will call berth no. 7 and passengers will participate in excursions or visit on their own.

SHORT NEWS

By | 2021 Newsletter week 18 | No Comments

Finnish Flag For New VIKING GLORY

Viking Line’s new flagship, VIKING GLORY, which will launch service in early 2022 on the Turku–Åland–Stockholm route, will have a Finnish flag.

Recruitment work for the new vessel will begin soon, and recruitment will begin first among staff employed on the company’s other vessels.

T&T Express –Under Tow– Sinks En Route To Spain

The high speed catamaran T&T Express (IMO: 9172076) which was sold and en route from the Caribbean to its new owners in Spain, has reportedly sunk.

The Incat 046 sank 800 miles off the Azores while being towed to the other side of the Atlantic.

She had been acquired from Trinidad & Tobago by Transmapi, for the ferry services between Ibiza and Formentera.

CV Interilhas Acquires A Small Ferry From The MailBoat Company

CV Interilhas operates ferries between the Cape Verde islands. They have acquired FIESTA MAIL, a small ferry that was operating as “the Mail Boat” in the Bahamas.

The vessel has crossed the Atlantic and is in Lisbon for a complete overhaul at the Navalrocha shipyards. She is expected in Cape Verde later this month.

[MarineTraffic]

FERRY EXTRA

By | 2021 Newsletter week 17 | No Comments

Tallink Grupp Publishes 2021 First Quarter Financial Results

  • Net loss amounted to EUR 34.4 million (net loss of EUR 30.2 million in Q1 2020)
  • -65.3% Revenue EUR 53.7 million
  • EBITDA EUR -6.3 million (EUR -1.3 million)
  • Despite the significant drop in revenue in Q1, Tallink managed to avoid as significant a decline in EBITDA. This is the result of significant efforts in cost control, increasing efficiencies and also the various support measures the company has been able to utilise.
  • The company continues to maintain a strong liquidity buffer of EUR 96.4 million, combined in cash and unused credit lines.
  • In addition, the company also has EUR 90.0 million of undrawn part of a working capital loan from Nordic Investment Bank.
  • Major investments were all carried out in 2020, so the company expects the level of investments required for the rest of 2021 to remain low.
  • Number of Tallink Grupp’s shareholders has continued to grow in these challenging times, reaching a total of 25702 shareholders to date = shareholders’ faith and trust.

Viking Line Q1: Pandemic Continues To Dominate The Company’s Operations And Results

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  • Sales amounted to EUR 24.6 M (EUR 75.0 M)
  • Other operating revenue was EUR 10.3 M (EUR 1.2 M).
  • Operating income totalled EUR -7.7 M (EUR -21.5 M).
  • Net financial items were EUR -1.3 M (EUR -1.9 M).
  • Income before taxes amounted to EUR -8.9 M (EUR -23.4 M).
  • Income after taxes totalled EUR -7.2 M (EUR -18.7 M).
  • The outlook for the financial year 2021 is unchanged. Uncertainty about regulatory requirements, state aid, the impact of vaccination programmes and related restrictions for passenger traffic, and market demand will affect Viking Line’s operations, results and financial position. It is too soon to quantify the impact on earnings since there is great uncertainty about the trend. As a result, no earnings forecast is provided for 2021.