BC Ferries will order five large, green ferries

By | 2024 Newsletter week 38 | No Comments

BC Ferries is advancing its New Major Vessels project, the largest capital investment in the company’s history, to address population growth, replace aging vessels, and meet customer demands. 

 The procurement process for the first five of seven new vessels is underway, with the remaining two to follow in a later phase.  

The new vessels, designed with LMG Marin, will significantly increase capacity and improve energy efficiency.  

A phased approach will allow BC Ferries to manage investments carefully, minimize fare pressures, and refine the final designs based on performance insights.  

 The first ship is expected to enter service in 2029, with all five operational by 2031. 

 Press release: BC Ferries 

BC Ferries wraps historic summer and prepares for refit season

By | 2024 Newsletter week 36 | No Comments

BC Ferries has concluded a historic summer, marking the busiest season in its 64-year history, with over five million passengers and two million vehicles transported in June and July. As the summer ends, the company is now focusing on its annual refit season, beginning with repairs on the aging QUEEN OF NEW WESTMINSTER, among others. This refit season is part of BC Ferries’ commitment to safety and fleet modernization, with new major vessels planned to address growing demand and operational challenges. 

For more details, you can visit the full release here. 

Damen cuts first steel on four full electric ferries for BC Ferries

By | 2024 Newsletter week 29 | No Comments

Damen Shipyards Galati yard cut first steel on the first two of four, fully electric Island Class Ferries that it is building for BC Ferries, on 16 July. The ferries will be the first fully electric vessels to operate in the company’s fleet. 

Operating with battery packs with the capacity to supply the power train with 2,000 kilowatt-hour of electricity, the vessels will carry up to 47 vehicles and 390 passengers. 

Damen will also supply BC Ferries with the required charging towers. The ferries will recharge efficiently during (dis)embarkation of passengers, using renewable electricity. 

The vessels are based on Damen’s double-ended RoRo 8113 E3 model. The design features Damen’s in-house quality label E3, standing for Environmentally Friendly, Efficient in Operation and Economically Viable.   

Photo from left to right: Ed Hooper (Executive Director Shipbuilding BCF), Mark Vermeulen (Managing Director Damen OSV), Richard Tijpens (PM Damen OSV) Dragos Cojocariu (PM Damen Shipyards Galati), David Tolman (Program Manager BCF) 

BC Ferries: first look at new major vessel concepts

By | 2024 Newsletter week 09 | No Comments

Two conceptual renderings of BC Ferries’ New Major Vessels program are the first look at what up to seven new ferries could look like when they enter operation starting in 2029.

The ferries will carry up to 360 standard sized vehicles and 2,100 people, compared to a capacity of 250-310 vehicles and 1,200-1,500 people on retiring vessels. The vessels will be standardized with others in the fleet to allow BC Ferries to be more flexible in moving them between routes when maintenance or refits are required, without disrupting customer travel.

The basic design for these vessels is being developed in collaboration with LMG Marin AS in order to maximize efficiency and reduce greenhouse gas emissions. The design calls for engines capable of using bio- and renewable fuels and includes a battery-hybrid propulsion system that will allow for conversion to full battery-electric operation once shore-based recharging infrastructure becomes available.

BC Ferries issued a Request for Supplier Qualification (RFSQ) for its New Major Vessels program. The RFSQ is available through the international shipbroker Clarksons, as well as on bcbid.gov.bc.ca. It will close on March 22, 2024. Qualified shipyards will then have the opportunity to take part in the Request for Proposal (RFP) process, currently expected to occur in the summer of 2024.

Netherlands’ Damen Shipyards wins contract for the supply of four, fully electric, passenger car ferries to British Columbia

By | 2024 Newsletter week 03 | No Comments
Rendering Damen Shipyard Group

Damen Shipyards Group has been selected to build four new hybrid electric Island Class vessels for BC Ferries.

  • Damen that previously built six Island Class ferries for BC Ferries, will construct the vessels in Romania.
  • The selection of Damen’s bid was made from multiple proposals, with no Canadian companies submitting bids.
  • The agreement with Damen is a design-build, fixed-priced contract that ensures delivery dates, performance criteria, cost certainty, and construction quality.
  • The new Island Class vessels will accommodate at least 47 vehicles and up to 390 passengers and crew.
  • These vessels will align with BC Ferries’ Clean Futures Plan by operating exclusively in battery-electric mode using renewable BC hydroelectricity.
  • The expected launch of these vessels is by 2027, serving routes connecting Nanaimo Harbour and Gabriola Island (two vessels) and Campbell River and Quadra Island (two vessels).
  • BC Ferries will also implement electrical upgrades for shore-based rapid charging at the four terminals on these routes as part of a separate contract, timed to coincide with the ship delivery.

Rendering Damen Shipyard Group

BC Ferries gets green light to order more ferries

By | 2023 Newsletter week 50 | No Comments

After the major capital expenditure approval by the BC Ferries Commissioner, BC Ferries is able to take the next step towards the purchase of four new hybrid electric Island Class vessels that will increase capacity for passengers across the ferry system.

By 2027, the four new vessels will enter service on the routes connecting Nanaimo Harbour and Gabriola Island (two vessels) and Campbell River and Quadra Island (two vessels), with corresponding electrical upgrades for shore-based rapid charging made to the four terminals on these routes.

BC Ferries now continues through the procurement process, with negotiations to begin imminently.

BC Ferries: Q2 results 2023 reflect continued strong traffic

By | 2023 Newsletter week 48 | No Comments

BC Ferries’ net earnings (compared to same period last year)

  • For the 3 months ended September 30, 2023: $102.1 million (+26.9%)
  • For the 6 months ended September 30, 2023, $117.3 million (+32.8%)

Passengers

  • Q2: 7.8 million (+4%)
  • Year-to-date: 13.6 million (+5%)

Vehicles

  • Q2: 3.0 million (0%)
  • Year-to-date: 5.5 million (+2%)

Revenue

  • Q2: +11% primarily as a result of an increase in vehicle and passenger traffic levels, tariff rates, fuel surcharges and retail revenue.
  • Year-to-date +10% over the same period in the prior year impacted by factors such as changes in overall traffic levels, traffic types and tariff rates.
  • While revenues were higher, expenses from operations increased by 11% mainly due to continued inflationary pressure across all cost categories.

BC Ferries Third Quarter Results

By | 2023 Newsletter week 8 | No Comments

In the three months ending 31 December 2022, BC Ferries reported that compared to the same period in 2021;

  • 5 million Passengers and 2.0 million vehicles travelled, an increase of 10% and 3%, respectively.
  • Revenue, inclusive of Safe Restart Funding, was $234.8 million, an increase of $12.6 million.
  • Net loss was $22.7 million, compared to a net loss of $1.6 million, primarily as a result of less Safe Restart Funding being applied in the quarter and higher operating costs.
  • Operating expenses were $245.2 million compared to $209.5 million. This increase is mainly due to an increased number of sailings, with corresponding higher labour costs, as well as higher fuel prices and maintenance expenses.