Additional Fjord Line call

By | 2024 Newsletter week 05 | No Comments

Fjord Line has announced some additions to their route portfolio.

From 1 February to 7 May and 2 September to 30 December, the cruise ferries STAVANGERFJORD and BERGENSFJORD will offer;

  • An evening sailing from Hirtshals to Kristiansand, the shortest route between Denmark and Norway.
  • A nightly domestic route from Kristiansand to Stavanger and on to Bergen.

This adds a call to the current Hirtshals – Stavanger – Bergen route northbound.  Southbound, the route remains as it is today; Bergen-Stavanger-Hirtshals.

7 May to 2 September, Fjord Line continues to sail 3 – 4 departures daily between Hirtshals and Kristiansand with HSC FJORD FSTR, STAVANGERFJORD and BERGENSFJORD

Photo: Fjord Line

Fjord Line: from LNG to Dual-Fuel

By | 2023 Newsletter week 1 | No Comments

Fjord Line has decided to rebuild the two LNG-ships STAVANGERFJORD and BERGENSFJORD from single-fuel LNG-engines to dual-fuel LNG/MGO-engines.

  • Rebuilding of STAVANGERFJORD will start in January 2023 and will be finalized by the end of May 2023.
  • BERGENSFJORD will be rebuilt during February to medio June 2023.
  • The routes affected by the rebuilding are Bergen – Stavanger – Hirtshals, and Hirtshals – Langesund.
  • The ships are being rebuilt at Fosen Yard and the engines will be delivered by Wärtsilä.
  • Fjord Line has concluded a refinancing as part of the rebuilding of the two ships and due to the current energy crisis.

Viking Line 2022, H1: Strong demand partly offset high energy prices

By | 2022 Newsletter week 34 | No Comments

January–June 2022 (compared to January–June 2021)

  • Sales amounted to EUR 199.8 M (EUR 71.5 M)
  • Other operating revenue was EUR 8.3 M (EUR 33.6 M)
  • Operating income totalled EUR -8.0 M (EUR 4.5 M)
  • Net financial items were EUR -4.7 M (EUR -2.4 M)
  • Income before taxes amounted to EUR -12.7 M (EUR 2.2 M)
  • Income after taxes totalled EUR -9.8 M (EUR 2.7 M).

Second quarter 2022 (compared to second quarter 2021)

  • Sales amounted to EUR 141.0 M (EUR 46.9 M)
  • Operating income totalled EUR 10.1 M (EUR 12.2 M)

Revised outlook

Operating income for the financial year 2022 will somewhat worse than the figure for 2021. However, the figure last year was affected by capital gains to a much greater extent than this year. There is still a significant and material uncertainty due to the geopolitical situation and its impact on energy prices, inflation, interest rates and currencies as well as the impact that the uncertainty factors identified may have on people’s inclination to travel, demand and costs.

Statistics H1

+248% passengers 1,875,706

-8.8% cargo units 59,522

14.5% market share cargo (16.8%)

29.4% market share passenger cars 29.4% (31.4%)