TT-Line has had a substantial increase in volumes in recent years and is Port of Trelleborg’s largest customer. Currently, TT-Line has seven vessels operating the lines between Trelleborg and Travemünde, Rostock, Swinoujscie and Klaipeda. In 2022, the first of the two LNG 230m Green Ships, is expected to be put into operation.
Unvaccinated people in Greece from next week will need a negative Covid-19 rapid antigen test result in order to travel between regions.
The rule, which will be in force until March 31, 2022, is among the series of measures announced by the Greek government to stop the spread of the coronavirus (Covid-19) and to protect the public health system.
In August 2021 AS Tallink Grupp transported
-14.1% passengers = 389,715
-3.4% cargo units = 28,790
-18.1% passenger vehicles = 78,193
COVID-19 related travel restrictions were the key operational factor influencing the developments in August 2021.
- Estonia – Finland: August results reflect shuttle and cruise ferry services. Cargo vessel SEA WIND did not operate in August
- Estonia – Sweden: August results reflect operations of one cruise ferry and cargo ferries on Estonia-Sweden routes.
- Finland – Sweden: August results reflect operations of Turku-Stockholm and Helsinki-Stockholm routes. Cruise ferry SILJA SERENADE started operations on the Helsinki-Stockholm route at the beginning of August and cruise ferry SILJA SYMPHONY from late August. The segment statistics also reflect the Swedish domestic cruises.
- Latvia – Sweden: Operations of the Riga-Stockholm route were suspended.
BC Ferries’ newest hybrid electric ship transited the Panama Canal over the weekend and is now preparing for its trip home to British Columbia. Island 5, as it is temporarily named, departed Romania on July 31 under its own power. BC Ferries expects the ship to be in B.C. by late-September, depending on weather.
Together, Island 5 and Island 6 will allow for two-ship service on the Nanaimo Harbour – Gabriola Island route starting in 2022.
A-Ships Management’s GOLDEN BRIDGE (1990) was introduced on the Bari – Durrës Line on September 3, 2021. The Japanese-built vessel was chartered to GNV for further service on the Italy-Albania line. (3-month charter + purchase option is the rumour)
The Greek Minister of Maritime Affairs and Island Policy approved the tender results for the introduction of the Hellenic Seaways’ HSC HELLENIC HIGHSPEED on the Rhodes-Chalki-Karpathos-Kasos-Sitia line.
The ship will be subsidised for 3 weekly sailings until October 3, 2021.
Ground and sea transportation platform Bookaway has integrated with specialist OTA Direct Ferries.
“As part of the final stages of implementation, we plan to offer car ferry bookings on our platform for the first time – which will appeal to a new wave of group, family and environmentally conscious travellers,” said David Yitzhaki, Bookaway’s chief marketing officer and co-founder.
On September 5, APOLLO finally arrived in Aliaga for recycling.
She was one of the famous nine “Papenburger Sisters”, built by Meyer Werft in 1970.
Six were built for Viking Line, and three for the Mexican Government.
Apollo was sold in 1999 to Labrador Marine Inc. of St. John’s (NFL) and entered service in May 2000 on the St. Barbe (Newfoundland) to Blanc Sablon (Labrador) route for the Woodward Group of Canada.
- Fjord1 has operated in a safe and responsible manner throughout the Covid-19 pandemic, protecting the safety and security of its employees, customers and suppliers while fulfilling its responsibilities as a provider of critical transport infrastructure in coastal Norway.
- Revenue in Q2 amounted to NOK 708 million, a decrease of 6%. The reduction is mainly attributable to the phasing out of the Molde-Vestnes ferry contract. (operated by Boreal as from 1 September 2021)
- EBITDA in Q2 was NOK 190 million, down from NOK 245 million. The EBITDA margin declined to 27% from 33%, reflecting lower revenue and higher maintenance cost in Ferry, and continued weak results in the Tourism segment due to Covid-19 travel restrictions.
- For the first half year, revenue declined 7% to NOK 1,399 million, with the EBITDA declining 12% to NOK 387 million.
- Investments amounted to NOK 81 million in Q2 and NOK 154 million in H1.
- Investments are significantly reduced from 2020, as the company is passed the peak of its vessel newbuilding and electrification program.
- Fjord1’s long-term contract portfolio, worth NOK 22.7 billion, together with long-term ambitions for the Tourism segment provide a solid base for further development of the company.
Ferry Segment
- Ferry passengers -9% in Q2 and -0.6% in H1
- Vehicles -6,2% in Q2 and +1.3% in H1
This mainly reflects the phasing-out of the Molde-Vestnes contract.
- Ferry revenue declined by 7% both in Q2 and H1
- The majority of Fjord1’s contracts are based on capacity and sailing frequency rather than traffic volumes, which largely insulates revenue and earnings in the Ferry segment from changes in traffic volumes on routes under contract.
The privatization of Fjord1 has been completed. Fjord1 was delisted from the Oslo Stock Exchange.
The Norwegian ferry operator is now owned 50/50 by Vision Ridge Partners, an alternative asset manager focused on sustainable real assets, and Havila Holding, an investment company owned by the Sævik family in Norway.
Vision Ridge has offices in Colorado and New York.
