Apr 05
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Three Tourism Awards For The Attica Group

By 2018 Newsletter Week 14

The Attica Group has received a gold and two silver honors at the Tourism Awards 2018, held recently in Athens.
These Tourism Awards rewarded the best practices and initiatives of Greek companies and organizations in the tourism sector.

Attica Group won a:

  • Gold award for its corporate social responsibility program titled “With you as our destination.
  •  Silver award for @sea, the first onboard infotainment platform developed in the Greek shipping industry, accessible by any device – laptop, smartphone or tablet – offering information and entertainment.
  • Silver award for the SEASMILES reward program.
Apr 05
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SHORT NEWS

By 2018 Newsletter Week 14
  • The well-known Greek shipowner and ferry entrepreneur Gerassimos Agoudimos passed away at the age of 76. He started his own ferry company in 1991. It collapsed in 2011 after having been declared bankrupt.
  • Ro-pax ARIADNE arrived in Naples on April 3 for her new charter. The Hellenic Seaways vessel will be operated by Tirrenia on the Naples – Sicily routes. She has been repainted accordingly.
  • Linea Messina’s JOLLY COBALTO has been renamed MSC COBALTO, and now has an MSC funnel. A picture can be seen here. MSC is also going to charter the JOLLY TITANIO, before entering the capital of Linea Messina.
    The vessels are used on the Trieste – Izmir route.
  • After the signing of the letter of intent on March 5, Fincantieri and the Grimaldi Group signed the contract for the lengthening and refurbishment program for the cruise ferries CRUISE ROMA and CRUISE BARCELONA. The construction of the two mid-body sections will begin in 2018, while the completion of the works at Palermo shipyard is foreseen within summer 2019.
Mar 29
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The Ferry Shipping Summit 2018

By 2018 Newsletter Week 12&13

This week’s news combines the news from weeks 12 and 13. The reason is of course the fact that we had our first Ferry Shipping Summit last week.

What a pleasure it was to seeing so many of you in Amsterdam. Especially the interactive debates during the sessions, the networking and the socializing were very enriching.

Last week Friday I’ve sent a mail shot with pictures and quotes.
Here are some more photos, giving a glimpse of the atmosphere.

  1. Victor Velton, President Versonix Corporation, giving his presentation about Versonix Seaware, the ultimate reservation system.
  2. This conference was characterized by a high degree of interactivity between speakers and delegates.
  3. Coffee breaks and lunches, the perfect moments to do business.
  4. A wide variety of subjects made this summit truly interesting.
Mar 29
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Fincantieri’s 2017 results in line with Business Plan 2016-2020

By 2018 Newsletter Week 12&13

Fincantieri noted record-high revenues exceeding EUR 5 billion, which is +13%.
EBITDA 341 million = +28%
Net result EUR 53 million = +279%

In a positive market, the yard group has a healthy order intake at EUR 8.6 billion (+31%).
The important order for new client Norwegian Cruise Line and the order for two new MSC Seaside class ships highlight the ability to attract new clients and retain existing ones.

With the new business plan, in 2022 the revenues will increase by up to approximately 50% (at current perimeter) and the EBITDA by up to approximately 100% versus 2017.

Mar 29
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A Very Strong Performance Of An Ever-Growing Baléaria

By 2018 Newsletter Week 12&13

Baleària can be very satisfied with last year’s results (fiscal year running from 1 November 2016 to 31 October 2017).

Some key figures:
Turnover was €326.6 million = +10%
Profit €43.4 million = +10%
Passengers 3.7 million = +5.7%
One in four passengers traveled on its international routes: 880,000 or +25%
Cargo 5.6 million lane meters = +10.4%
Cargo units 878,000 = +17%

The company has growth plans for international routes, both on North Africa and the Caribbean. Last year it opened Almeria – Nador ( Morocco).

The contract for the building of an LNG ferry at La Naval has been cancelled, due to the problems at the yard.

Mar 29
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Færgen’s Best Result In The 150-Year Company History

By 2018 Newsletter Week 12&13

Denmark’s largest ferry company Færgen achieved its best annual result ever in 2017.
Some causes:
More travellers interested in the Danish islands.
Successful promotions for trips with Faergen to the Danish islands.
Increased volumes on the routes to Bornholm, Samsø, Fanø, Als, Funen, Langeland and Lolland.
The ferries on the routes Ystad-Rønne, Kalundborg-Samsø and Esbjerg-Fanø even achieved the highest traffic figures since the existence of the routes.
Growth in all other business areas: pedestrian tickets, car tickets and the sale of truck and bus tickets.

On 1 September 2018 Faergen is going to hand over the concession for the Bornholm route to Bornholmslinjen, who was able to win the public tender.
As a result, Faergen will relocate its headquarters from Rønne, Bornholm to Svendborg on the Danish island of Funen.

Some key figures:
Sales DKK 1.1 billion = +4.3%
Profit DKK 124 billion = +179.0%

Photo: Annette Timmermann / Færgen

Mar 29
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A Strong, Normal Year For Eckerö

By 2018 Newsletter Week 12&13

Ab Eckerö reached almost the same levels as in last year, which was a record year.
Operating profit was a strong €15.6 million (€19.0 million in 2016, which included €3.3 million from the sale of an asset).
Sales went down: € 233.2 million (€237.6 million)
Passengers went down because of the long docking of ro-pax ECKERÖ: 3.1 million pax
Freight 80,000 units, which is +18%
Challenges: the weakening of the Swedish krona and higher bunker prices.

Mar 29
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FERRY SHIPPING

By 2018 Newsletter Week 12&13

Damen Shipyards Group completes negotiations with the Romanian Government on the Mangalia shipyard

Negotiations between Damen Shipyards Group and the Romanian Government on the Mangalia shipyard were completed on March 21.
Currently Daewoo Shipbuilding & Marine Engineering (DSME) owns 51% of the shares in the yard. On November 10, 2017, Damen signed a share purchase agreement for the acquisition of DSME’s shareholding in DMHI, subject to the Romanian Government’s pre-emption right.
Following productive and conclusive negotiations on long-term strategic partnership with senior officials of the Romanian Government, the waiver of the pre-emption right is expected to be made public by the end of March. Subsequently, the successful completion of the transaction is expected shortly thereafter.

Photo: Scandlines

Mar 29
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New Owning Consortium For Scandlines

By 2018 Newsletter Week 12&13

Talking about a good deal: 3i announced net proceeds of €347 million from selling a part of Scandlines, but remains one of the co-owners.

3i Group plc announced that 3i and funds managed by 3i (together Eurofund V) have sold their investment in Scandlines for a total equity value of €1.7 billion in a transaction with funds managed by First State Investments (“First State”) and Hermes Investment Management, two long-term infrastructure investors representing predominantly European pension funds.

The new consortium formed by First State, Hermes Investment Management and 3i intend to support the further growth of Scandlines, including additional investment in green technology.

Hurtigruten AS is owned by Silk Bidco AS, whose main shareholder is the London-based investment company TDR Capital.

Photo: Scandlines