Tag: Black Sea roro shipping | Ferry Shipping News

In this guest article, Informall BG cargo analytical bureau [LinkedIn] writes about the Black Sea ro-ro & ro-pax market, identifying the influence of the Russian invasion of Ukraine on the regional transport industry.

A considerable part of regional Black Sea trade between countries of Ukraine, Turkey, Romania, Bulgaria, Georgia was carried out via ro-ro vessels. However, Black Sea has seen its ferry services coming to a virtual standstill since the end of February 2022.

Some topics in the article:

• Impact of the Russian-Ukrainian war on the regional ro-ro carriers
• Ro-ro terminal development in the region
• Ro-ro business opportunities in the Black Sea region today
• Economic impact on the region

• Consolidated Revenue SEK 23,599 (16,796) million
• Consolidated EBITDA SEK 5,547 (2,973) million
• Result before taxes SEK 82 (–890) million
• Liquidity position remains strong. As of 30 of June 2022 available liquidity amounted to SEK 19.3 billion

Stena ferry operations

• EBITDA increased compared to last year. SEK 2,062 million (1,110)
• The result is mainly an effect of increased travel and freight volumes as well as improved travel rates compared to last year.

Shipping

• Increased EBITDA within Tanker segment due to higher rates together with increased EBITDA within RoRo segment mainly due to delivery of newbuildings in 2021: SEK 291 million (115)

Click on cover below to access the report (PDF)

The Danish Ministry of Transport announced last week that Molslinjen had won the two tenders for the Alslinjen and Samsølinjen. The very next day, contracts were signed for the construction of two new electric ferries with Cemre Shipyard in Turkey.

Alslinjen’s ferry is to be put into operation by September 2024, while Samsølinjen’s ferry is to have its first trip in January 2025.