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Tag: Elb-Link | Ferry Shipping News

Nov 30
0

Elb-Link filed for bankruptcy

By | 2017 Newsletter week 48 | No Comments

It is not a surprise. For the third time the cross-Elbe ferry company did not survive in spite of rescue attempts. Depending on the sources, several reasons are being given for the failure.

  • Insufficient cars, cargo and passengers or, ship that was too large.
  • Insufficient support from local authorities on both sides of the river. Elb-Link asked for a public bridging loan of EUR 200,000 but this wasn’t granted.
  • Increased charter rate of the ferry upon renewal of contract (EUR 8,000/day). Management of Elb-Link says a more realistic price would be EUR 3,500.

Photo: Elb Link

Nov 23
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IN THE MEDIA – Survival of Elb Link in jeopardy

By | 2017 Newsletter week 47 | No Comments

Maintain the Cuxhaven-Brunsbüttel ferry line won’t be that easy after the negative answer from the public authorities from Cuxhaven, Brunsbüttel and Dithmarschen. Elb Link asked if EUR 200,000 public money would be available to support the ferry line but alas.
The management has now to decide whether other rescue solutions are possible or if the plug should be pulled.

Source: Nord24 (in German)
Nov 16
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Elb-Link: standby for further, positive announcements

By | 2017 Newsletter week 46 | No Comments

Elb-Link Fährgesellschaft, the company which provided a ferry connection between Cuxhaven and Brunsbüttel, gave on its Facebook page an update on its state of affairs.
They wrote that, ” we are currently in intensive talks with politicians, banks and possible charterers with the aim of re-launching the service with a sustainable concept. The ferry service would resume before next spring. At this moment there are still some points that need to be discussed. Please give us some time, we will inform you in time.”
The company website says that, “The Elbe ferry does not currently operate due to a technical fault.”

Photo © Elb-Link