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

By | 2018 Newsletter Week 12&13 | No Comments

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

IN THE MEDIA

By | 2018 Newsletter week 08 | No Comments

Færgen’s CEO Expects A Buyer To Acquire The Entire Ferry Company

The Danish State and Clipper Group will sell the shipping company Faergen, said CEO John Steen-Mikkelsen to the Bornholms Tidende (in Danish). Both parties own 50%.
In his opinion there might be news before the summer, and he believes the company will be sold as a whole.
On September 1, 2018, Molslinjen will take over the Bornholm route.

A new LNG ro-pax is under construction in Flensburg, and will be in service in the spring of 2019. “In the following years we’re going to invest in new tonnage,” says Christophe Mathieu. Last year Brittany Ferries announced that they will charter the third ro-pax under construction in China for Stena.

Faergen’s fast ferry VILLUM CLAUSEN sold

By | 2017 Newsletter week 51 | No Comments

The Danish company sold the high-speed ferry to an unidentified buyer in the Mediterranean. She was used as reserve vessel on Ystad-Bornholm.
The sale will become effective after August 31.
Faergen already sold ro-pax vessels POVL ANKER and HAMMERODDE, and fast ferries LEONORA CHRISTINA, and leased them back until the end of the public service contract.
LEONORA CHRISTINA will go to Fred. Olsen SA, to serve the Canary Islands.
HAMMERODDE has been sold to Stena Ro-Ro and POVL ANKER to Mols Linien.

Photo: ©Mike Louagie

SHORT NEWS

By | 2017 Newsletter week 45 | No Comments
  • BC Ferries’ NORTHERN SEA WOLF, the small car ferry acquired for the new route from Port Hardy – Bella Coola, is on its way to British Columbia. Formerly known as AQUA SPIRIT she departed from the port of Piraeus on November 3 for the 10,097 nautical mile journey to her new home in British Columbia.
  • High-speed ferry KRILO ECLIPSE arrived under tow in Piraeus. After one season in Croatia, she has been bought by Golden Star Ferries. Her new name will be SUPERSPEED.
  • Grimaldi Group was awarded the “Leadership Excellence Award” by the US-based Panorama magazine. During a three-day event Italian excellence was introduced to an American audience.
  • Faergen has sold ro-pax HAMMERODDE to Stena RoRo. However, it will continue to operate between Køge and Bornholm until 1 September 2018, when Molslinjen takes over the service from Faergen. Which plans Stena has for the ship is unknown.

Denmark to sell its part in ferry company Faergen

By | 2017 Newsletter week 44 | No Comments

Danish online business media started to report that the Danish Government has initiated a sales process that will lead to the sale of the State’s share of the shipping company Faergen.
This company operates five domestic routes, and the routes from Sweden and Germany to the island of Bornholm. Their “lifeline” contract on Bornholm ends after the summer of 2018, and is then going to be taken over by Mols Linjen.

Source: InsideBusiness  – Photo © Faergen