Breaking News: Molslinjen acquires ForSea

By | 2022 Newsletter week 45 | No Comments

With the support of EQT Infrastructure, Molslinjen A/S has entered into a final agreement to acquire ForSea from Igneo Infrastructure Partners.

ForSea is the sole operator of ferries between Helsingør, Denmark and Helsingborg, Sweden, providing ferry services via a single ferry route strategically located at the nearest point between the two countries (approx. 4 km).

As a true “floating bridge”, the ForSea ferries are an integral part of the Nordic transport infrastructure network and carry six million passengers, one million passenger cars and 450,000 trucks across the Öresund every year.

The company operates 5 ferries across the route, 2 of which are electric and a third is scheduled for electric operation – setting a clear path to full decarbonisation of the fleet within this decade.

Molslinjen was acquired by EQT Infrastructure in 2021.

The transaction is subject to approval by the Swedish and Danish competition authorities and is expected to be completed in early 2023. The parties have agreed not to disclose the selling price.

ForSea’s TYCHO BRAHE has been upgraded with the world’s largest battery pack

By | 2022 Newsletter week 43 | No Comments
  • In 2018, the first conversion to battery operation of the ferries TYCHO BRAHE and AURORA to the world’s largest battery-powered ropax ferries was carried out.
  • AURORA has sailed to 93% on electricity during the past year.
  • During the year, TYCHO BRAHE has undergone a major upgrade process where all battery packs have now been replaced in order to store more energy and double the lifespan of the battery pack from 5 to 10 years.
  • Battery capacity increase from 4,160 kWh to 6,400 kWh, without requiring additional space on board the vessel.
  • ForSea has hereby completed yet another major project that means major environmental benefits for the entire Öresund region, including reduced CO2 emissions by over 70% per year (compared to the base year 2016) (a reduction of 26,000 tons of CO2/year).

ForSea had a record weekend

By | 2022 Newsletter week 23 | No Comments

A total of 135,000 people travelled with ForSea in the period Wednesday-Sunday 25-29 May (Ascencion)

“It is with pleasure that we can state that we are breaking the record from 2017. It becomes clear to us that the offer on board and the voyage itself is really appreciated by our passengers,” says Kristian Durhuus, CEO of ForSea.

Covid made people rediscover nearby destinations, and this ‘staycation’ trend seems to continue.

ForSea publishes its 2021 Sustainability Report: 70% reduction in CO2 footprint by end of 2022

By | 2022 Newsletter week 20 | No Comments

Some highlights:

  • 70% reduction of CO2 emissions by the end of 2022.
  • During 2021, AURORA made 92.5% of its crossings on battery power. CO2 emissions were slashed by 54% (20,500 tonnes) compared with the baseline year of 2016.
  • 42% reduction in energy use compared with the baseline year of 2016 and 19% compared with 2020.
  • In 2021 a total of 450,101 trucks crossed the Öresund with ForSea, which equates to a reduction in CO2 emissions of 14,287 tonnes compared with alternative routes avoiding the ferry.
  • In 2021 ForSea transported 3.9 million passengers. (2021: 3.5 million).

ForSea: Increase in traffic despite pandemic

By | 2022 Newsletter week 4 | No Comments

Throughout 2021, ForSea has sailed between Helsingborg-Helsingör according to the normal timetable regardless of the pandemic’s.

Freight traffic trends

  • +8.5% freight compared to 2020
  • +3.5% freight compared to 2019
  • This can be seen as an effect of changed consumption patterns, as more and more orders are placed online.

Passenger traffic trends

  • Shorter trips, preferably by car or train before air travel.
  • Holidays nearby, or touring” between Sweden and Denmark.
  • +12% passengers compared to 2020.
  • +13% increase in sales in the onboard shops compared with the normal year 2019

Environmental trends

  • Targets for reduced CO2 levels set for the year 2030 will be met as early as 2022.
  • Ferry AURORA continues to sail with battery operation.
  • The upgrade of TYCHO BRAHE’s batteries is expected to be completed shortly.
  • Calculations for 2022 show an expected reduction of 71% CO2 emissions compared to 2016.
  • New for the year are CO2 equivalents for all food served in restaurants and cafés. Thus, everything becomes measurable and the opportunity to produce more sustainable food is created. In addition, guests can easily compare the different offerings and make their own, active environmental choices.

“We leave 2021 with a positive feeling and look forward to 2022 “, says Kristian Durhuus, CEO of ForSea (photo).

Border Restrictions Halve International Ferry Travel from Denmark

By | 2020 Newsletter week 37 | No Comments

Organisation Danish Shipping (Danske Rederier) has calculated that the total number of passengers for Scandlines, Fjord Line, ForSea and DFDS in June, July and August has largely been halved compared to the same period last year.

“The bad summer comes on top of a lost spring, and it would be naive to think that Danes, Germans, Swedes or Norwegians will start traveling as usual in the coming months. The situation at the borders is completely unpredictable, so the shipping companies are facing some challenging months, ”says Jacob K. Clasen, Deputy CEO.

At Scandlines, CEO Søren Poulsgaard Jensen believes that it is the border closure in particular that caused an impact.

Like other Danish ferry companies, Scandlines has used the government’s help packages to send employees home for salary compensation and help to cover fixed expenses. But the bad summer will still cost jobs in the shipping company, says Søren Poulsgaard Jensen to Søfart.

Kristian Durhuus Is ForSea’s New CEO

By | 2020 Newsletter week 21 | No Comments

Kristian Durhuus succeeds Jens Ole Hansen, who has been acting as interim CEO of ForSea since February and who will now continue in his position as COO.

Since 2011, Kristian Durhuus has held the position of COO of Copenhagen Airport. Prior to that, he held managing roles within a number of larger organizations including LSG Lufthansa Service and G4S.

ForSea Sees Significant Environmental Progress

By | 2019 Newsletter week 16 | No Comments

Throughout Q1, ForSea has operated the world’s largest battery-powered passenger ferries, AURORA and TYCHO BRAHE, on the Helsingborg-Helsingør route. The environmental benefits have been significant: The ferry operator’s total emissions of CO2 and harmful particles have been halved compared to the prior year.

Q1 results:

  • -4% Passengers 1.24 million (due to the fact that this year Easter is in Q2)
  • -5% Cars 227,000
  • +4% Buses 2,600
  • +0% Freight units 111,000
  • +1.7% Departures 12,100

Battery-Powered Ferries And New Name Generated Growth On The Helsingborg-Helsingör Route In Q4

By | 2019 Newsletter week 8 | No Comments

Battery-Powered Ferries And New Name Generated Growth On The Helsingborg-Helsingör Route In Q4

In Q4 2018, ForSea inaugurated the two ferries Aurora and Tycho Brahe as the World’s largest battery-powered passenger ferries. Simultaneously, the ForSea brand was launched, and the introduction of battery-powered combined with the name change contributed significantly to an increase in the number of leisure passengers in the quarter. While the number of transported cars declined moderately, the strong growth in the number of transported trucks continued.

  • +2% trucks = 112,000 (109,000)
  • -2% cars = 260,000 (265,000)
  • +4% pax = 1.5 million (1.44 million)