Feb 25
2

PORT NEWS

By | 2021 Newsletter week 8 | No Comments

COSCO Urges For Further Investments In Piraeus Port

According to a recent report:

  • COSCO Shipping served in total 26.7 million TEU worldwide
  • Traffic increased by 1.8% compared to 2019
  • COSCO is concerned about the fact that ports that were far behind Piraeus still competing. A typical example is the port of Tangier, which served 5.7 million TEU, operating three piers. Investments are being made in order to increase capacity to 9 million TEU.
  • COSCO is concerned because the Greek Government does not approve the construction of Pier IV that will increase the port’s capacity to 10 million TEU.
  • If Pier IV is not built, then Piraeus Port will lose customers as well as its geostrategic footprint.
Feb 25
1

DFDS: Two Mega RoRo Ferries On Belgium – Sweden

By | 2021 Newsletter week 8 | No Comments

Since Saturday, February 20, mega freight ferry HUMBRIA SEAWAYS replaces BEGONIA SEAWAYS on Göteborg – Gent.
According to route operations manager Alain De Brauwer, this means 320 more trailers per week in each direction.

The route is now operated by HUMBRIA, FREESIA and PRIMULA SEAWAYS, with six calls per week in total.

DFDS also operates sister vessel FLANDRIA SEAWAYS on Göteborg – Zeebrugge, in cooperation with CLdN. The two companies have a space share agreement.

Feb 25
1

Morocco Cruises Line Visits Motril To Discuss Start Of RoRo Service

By | 2021 Newsletter week 8 | No Comments

The restart of a ferry connection between the Spanish Port of Motril and Morocco is getting closer after the meeting held by the highest representatives of the new ferry company Morocco Cruises Line, Mohamed Laiazic El-kadiri, and the Motril Port Authority, José García Fuentes.

This new ferry connection will have a roro ship with a capacity for more than 120 cargo units and 53 freight drivers.

Source: Port of Motril (in Spanish)
Feb 25
1

INTERESTING

By | 2021 Newsletter week 8 | No Comments

CIP Has Unveiled Plans For The Establishment Of Europe’s Largest Production Facility Of CO2-Free Green Ammonia

The project will be located in the town of Esbjerg, Denmark, where the Power-to-X-facility will convert power from offshore wind turbines to green ammonia. This will be used by the agriculture sector as CO2-free green fertilizer and by the shipping industry as CO2-free green fuel.

The excess heat will be used to provide heating for around one third of the local households in Esbjerg. The facility will consist of 1GW electrolysis. Ultimately, this is expected to reduce CO2-emissions by about 1.5 million tons CO2 yearly – or the equivalent to removing 730,000 cars from the roads permanently.

The project companies also include A. P. Moller – Maersk and DFDS, representing the shipping sector.

Press Release CIP
DFDS aims for greener ferries
Feb 25
12

SHORT NEWS

By | 2021 Newsletter week 8 | No Comments

AINAFTIS Shipping Purchased SEAROAD TAMAR

AINAFTIS Shipping is the Greek buyer that purchased the Australian roro SEAROAD TAMAR from Sea Road Shipping. The ship currently plies on the Melbourne – Devonport line and she will be replaced by Siem’s roro LIEKUT in March.

SEAROAD TAMAR will probably replace the older RORO PELAGITIS.

Anen Lines’ Laid Up MYTILENE In Danger

On February 21, Anen Lines’ MYTILENE (1973) suffered a water leak in her engine room and took a small list on the right, due to a ballast displacement.

An inspection has already been carried out by a private Naval Architect. The ship was laid up in Elefsina since 2016 and her overall condition was described as very poor.

Feb 18
1

Ferry Shipping

By | 2021 Newsletter week 7 | No Comments

Viking Line Reports 2020: “A Difficult, Challenging Year”

January–December 2020 (2019) in EUR

188.8 million (496.4) Sales

26.9 million (0.4) Other operating revenue

-49.3 million (17.4) Operating income

-3.6 million (-3.8) Net financial items

-52.9 million (13.6) Income before taxes

-42.3 million (10.8). Income after taxes

-69.4% Passengers 1,927,302 (6,300,480)

-6.2% Cargo units 125,693 (133,940)

Cargo market share of approximately 17.1% (18.4)

Comments from President and CEO Jan Hanses

  • Because of the pandemic, the Group was forced to report a loss in 2020.
  • The challenge in 2020 was to run operations when demand evaporated due to various restrictions.
  • At year-end we recorded a loss of four million passengers.
  • Of our four operating areas – cargo, passenger cars, cruise passengers and passengers in scheduled service – only cargo functioned normally.
  • Focus on cutting costs. Furlough measures.
  • State aid measures from Finland, Sweden and Estonia
  • Liquidity loans totalling EUR 38.7 M, which are backed by State guarantees.
  • Deferral of loan repayments was also obtained from Finnvera and Finlands Exportkredit Ab.

Outlook for the full financial year 2021: It is too soon to quantify the impact of all the pandemic-related issues on earnings since there is great uncertainty about the trend. As a result, no earnings forecast is provided for 2021.

Viking Line report January–December 2020
Feb 18
1

Two Companies For The Melilla Public Service Contracts

By | 2021 Newsletter week 7 | No Comments

Two Companies For The Melilla Public Service Contracts

The authorities of the Spanish enclave of Melilla have awarded two public service ferry contracts (Obligación de Servicio Público). These contracts start on April 1 and last for one year.

Trasmediterranea will operate the ropax ferry service between Melilla and Malaga.

(6 round trips per week / budget of €3.9million)

Balearia has received the contract for the lines to Almeria and Motril.

(each 3 round trips per week / budget €7.5million)

This will be the first time that two different companies will operate the public service contract between the Spanish city in North Africa and the Iberian Peninsula.

Until now Trasmediterránea had always won the contests with Malaga and Almería. It will also be the first time that the route with Motril is included as a public service obligation.

Balearia will use the 2019-built HYPATIA DE ALEJANDRIA.

Trasmediterranea continues to operate the route with CIUDAD AUTÓNOMA MELILLA.