Sep 12
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NEL Lines Ferries Will Be Auctioned On December 11

By 2019 Newsletter week 37

The auction of the collapsed NEL LINES ferries is postponed until December 11, 2019 following an interim decision.

All these vessels are laid up at Elefsis bay and Ambelakia (Salamis) since a very long time.

Their auction was initially set on September 11 with a starting price of EUR 120,000 apart from the last fast ferry whose starting price was set to EUR 1 million, because of her better overall condition.
Moreover, in the relevant document all vessels are described to be in a very poor condition.

(links open in Fakta om Fartyg)
MYTILENE (9.124gt/1973)
THEOFILOS (13.572gt/1975)
TAXIARCHIS (5.033gt/1976)
AEOLOS KENTERIS I (6.177gt/2000)
AEOLOS KENTERIS II (5.361/2001)

Sep 12
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Levante Ferries’ SMYRNA (Ex-KOPERNIK) Is Being Converted

By 2019 Newsletter week 37

The conversion on the Levante Ferries’ new acquisition SMYRNA (14,216gt/1977) -ex-KOPERNIK- is in progress. According to the company’s official site, the conversion involves extensive repairs to the engine room, the creation of a new ramp in the garage as well as the complete refurbishment of the public spaces in order to comply with Levante Ferries standards and specifications.

This means that we are going to experience yet another excellent refurbish and conversion. The Norwegian-built vessel will be introduced on the much wanted Thessaloniki-Izmir line, fully renovated, in a few months.

Sep 12
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FINANCE

By 2019 Newsletter week 37

Milan-based Moby has just published its H1-2019 financial report for the six months ended June 30, 2019.
Some highlights:

  • Total revenue amounted to EUR 253.6 million, an increase of 20.2 million, mainly due to the increase in freight transport, chartering and port operations.
  • Total revenues for the three months of Q2, amounted to EUR 151.4 million, an increase of EUR7.2 million driven by the ferries unit, mainly related to passenger and vehicle transport and chartering, and port operations.
  • Excluding the impact of the IFRS 16 application, the six months registered a loss of EUR 27.9 millions (the red was EUR 60.208 millio in the first half 2018) while the result for Q2 resulted in a loss of EUR 11.6 million.

As for the capital gains, Moby specified that they are attributable to:

  • The sale of AURELIA in February by CIN, obtaining a capital gain, net of the costs of sale, of EUR 4.7 million
  • The sale of PUSCHMANN in March by CIN, obtaining a capital gain, net of the costs to sale, of EUR 9.9 million
  • The sale of the San Cataldo tugboat BARLETTA in March, incurring a loss, net of costs of sale, of EUR 26,000
  • On July 16, 2019 the subsidiary CIN finalised the sale of the vessel BARBARA KRAHULIK for EUR 12,650.
Sep 12
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FERRY PORTS

By 2019 Newsletter week 37

Project To Move Away Ferry Traffic From The Old Harbour In Genoa

Francesco Maresca, the newly elected council member for the Genoa municipality and in charge for the port business development, launched the idea to move away all the ferry traffic from the old harbour in the heart of the town to the Voltri-Prà area, close to the Voltri Terminal Europa container terminal.

All the ferries and cruise vessels calling at the port of Genoa today are moored at the quays operated by Stazioni Marittime, company controlled by MSC Group. The idea launched by Maresca intends to leave more space to the cruise industry but is fiercely opposed by local committees in Voltri – Prà which are worried by a potential increase of traffics and emissions in the area.

In Voltri there are still today two quays available for ro-ro which were used until 2011 by T-link Lines and before by Stradeblu.

Sep 12
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Wallenius SOL Connects Wärtsilä In Port Of Vaasa To Continental Europe

By 2019 Newsletter week 37

As from November 2019, Wallenius SOL will include Port of Vaasa in its regular liner network.

With weekly calls, it will connect Vaasa with the ports of Antwerp and Zeebrugge. This is made possible through a long-term co-operation with technology company Wärtsilä, who will have its state-of-the-art production facility on site. The facility, called the Smart Technology Hub, will be located in direct connection with Port of Vaasa from 2021 onwards. All inbound deliveries from Central Europe to Vaasa will be routed via a consolidation point in Antwerp with the weekly sailings offered by Wallenius SOL.

Furthermore, Wallenius SOL will ship the ready-made engines southbound from Wärtsilä to its customers worldwide, also with Antwerp as hub.

Sep 12
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INTERESTING

By 2019 Newsletter week 37

Transporting Goods Between The UK And EU In A No-Deal Brexit: Guidance For Hauliers

The UK Department for Transport is helping commercial drivers get ready Brexit by setting up 150 advice centres and helping drivers plan their journeys by providing a handbook and pocket ma

Sep 12
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TECHNOLOGY

By 2019 Newsletter week 37

Corvus Energy Opens A New Battery Factory In Norway

On 6 September, Corvus Energy celebrated the grand opening of its automated battery factory in Bergen, Norway.

“There is an electric revolution going on in the maritime sector, and we want to deliver the best solutions in the industry,” says Geir Bjørkeli, CEO of Corvus Energy. “The Corvus team in Vancouver developed the groundbreaking battery solution that accelerated adoption of zero-emission and hybrid marine propulsion systems, particularly in Norway. With so many of our customers and partners in Norway, it only made sense to add production capacity here, which gives us flexibility and will speed deliveries. Further, automated production will help the Corvus ESSs remain price-competitive.”

Sep 12
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IG Metall Union Satisfied With Winds Of Change After FSG Acquisition By Lars Windhorst

By 2019 Newsletter week 37

Trade union leader Michael Schmidt speaks of a “completely different culture of communication,” after the full take-over of the Flensburg shipyard by investor Lars Windhorst.
Managing Director Alex Gregg-Smith briefed employees on Windhorst’s Tennor Holding plans, possible future construction programs and work.

“Gregg-Smith was very open to us. This is a completely different culture of communication,” said the union spokesman. A positive wind of change.