Intense Competition for the Privatisation of Three Greek Regional Ports

By | 2021 Newsletter week 34 | No Comments

Three ferry operators —Attica Group, ANEK and Grimaldi­— are expected to compete for the privatisation of the three ports: Igoumenitsa, Patras and Heraklion.

In brief:

  • Grimaldi Group controls Minoan Lines and seek to acquire a port in order to form a bridge between the Adriatic Sea services and Crete.
  • The Port Authority of Thessaloniki (PAT/Ivan Savvidis’ Group) is strongly interested in the port of Igoumenitsa, as it considers it of great importance for its strategic expansion and development.
  • Greek Ferry Operators seek to control either the port of Igoumenitsa or Patras in order to exert pressure on Grimaldi in Heraklion.
  • Grimaldi is interested in both ports (Heraklion, Igoumenitsa) and possibly will be interested in Patras as well. However, there will be a competition issue if they eventually control the port of Igoumenitsa.

Regarding the investors’ participating in the privatisation process for the three ports:

  • For the 67% of the Igoumenitsa Port Authority qualified Attica Group, Portek International, Quintana, Aegean Oil, Archirodon joint venture with ANEK and Trident Hellas, Grimaldi Euromed consortium with Minoan Lines and the Port Authority of Thessaloniki.
  • For the 67% of the Port of Heraklion, the deadline for the investors’ interest expires on September 17, 2021. Active interest has already expressed by Greek cruise companies, the Greek Group AVIAREPS (G. Grylos), Grimaldi Group, Attica Group, GEK TERNA and the Port Authority of Thessaloniki.
  • The tender process for the port of Patras has not started yet.

Source: Spyros Roussos and Kathimerini newspaper 25 August 2021

GNV and Grimaldi Holding Signed a Bareboat Charter for RoPax Vessels FORZA and TENACIA

By | 2021 Newsletter week 33 | No Comments
  • GNV and Grimaldi Holding signed a 3-year bareboat charter for FORZA and TENACIA.
  • Option 1+1 years
  • Both ferries have been operating 10 months for GNV, in sub-charter from Trasmediterranea.
  • Ferry Shipping News understands that, practically, it will be an extension of the current charters, even if this new agreement involves directly Grimaldi Holding and MSC-controlled GNV.
  • Daily rates for each bareboat charter should be around EUR 15,000 and there are no purchase options.
  • TENACIA and FORZA both have capacity of 2,000 lane meters and 1,000 passengers and are currently deployed on the routes linking Italy mainland to Sicily and Sardinia.

FERRY SHIPPING

By | 2021 Newsletter week 30 | No Comments

Grimaldi Adds Zeebrugge to its Belgium – Ireland Service

  • 2/w Belgium — Ireland (Cork) ­— Belgium
  • Week schedule: Antwerp-Zeebrugge-Cork-Zeebrugge-Cork-Zeebrugge-Antwerp
  • Ship: EUROCARGO BARI: 3,850 lane metres + 200 cars
  • Start of cooperation with P&O Ferries

At the beginning of May, Grimaldi started a twice-weekly roro service between Antwerp and Cork, with EUROCARGO BARI as route vessel.

Now, since Saturday 24 July, the ship calls twice a week in Zeebrugge, and once a week in Antwerp.

Zeebrugge was already connected with Cork, by the service from CLdN.

Interesting is the cooperation between Grimaldi and P&O Ferries.

In the port of Zeebrugge, the Grimaldi ship calls at the terminal of P&O Ferries.

The press release states that, “the cooperation with P&O Ferries will be extended to commercial activity as well.”

Tirrenia, Grimaldi And Grandi Navi Veloci Will Jointly Operate Civitavecchia – Olbia

By | 2021 Newsletter week 18 | No Comments

Three of the main players active on the local ferry market will cooperate to provide regular maritime links between Sardinia (Olbia) and mainland Italy (Civitavecchia) under the next maritime continuity scheme.

Following a dedicated tender launched earlier this year, the transport ministry accepted the proposal received by Tirrenia Cin, Grimaldi Group and Grandi Navi Veloci which decided to share the losses expected for the winter period (from October to May) but in change they will be the only three operators authorized to serve the same link during the summer season.

More specifically Compagnia Italiana di Navigazione (Moby group) will be the company which operates the route from October to May.

RoRo Capacity Continent – Ireland Continues To Increase

By | 2021 Newsletter week 18 | No Comments

Last week Grimaldi announced the start of an Antwerp – Cork roro feeder service.

Now CLdN says it will increase sailings between the Continent and Ireland, from eight to ten in each direction, on a weekly basis.

  • When: probably as from week 20
  • Routes: Zeebrugge / Rotterdam / Dublin
  • Ship 1: the 2,600 lane metre CADENA 3, currently being repaired in Rotterdam
  • Ship 2: a 4,000-lane-metre ship coming from the Med
  • Why: strong demand from customers + prepare the way for the introduction of further new builds arriving in Q4 2021 (LNG-powered)

Grimaldi Lines To Start Belgium – Ireland

By | 2021 Newsletter week 17 | No Comments

Grimaldi launches a twice-weekly feeder ro-ro service between Antwerp and Cork, as from the beginning of May.

Antwerp is Grimaldi’s main hub in the North of Europe.

Grimaldi Group has been operating in the Republic of Ireland for nearly 25 years with ConRo vessels, linking Cork to Northern Europe and the Mediterranean and, through transhipment in Antwerp to destinations in North and South America, West Africa and Russia.

Through its subsidiary Euromed Ireland Logistics Ltd (EMIL), the Grimaldi Group runs its fully equipped ro-ro/multipurpose terminal at Ringaskiddy (Cork).

The vessel deployed on the Antwerp-Cork service will be the Italian-flagged ro-ro unit EUROCARGO BARI (3,850 lane metres + 200 cars).

The Group plans to add capacity and frequency in the near future.

FERRY PORTS

By | 2020 Newsletter week 46 | No Comments

Grimaldi’s Ro-Pax Terminal Won Against Porto Livorno 2000 in the Port of Livorno

The regional administrative court in Tuscany stated this week that Grimaldi-participated terminal Sintermar Darsena Toscana can also handle passengers in the port of Livorno, thus rejecting the appeal from Porto Livorno 2000 (the passenger terminal controlled by Moby and with the participation from MSC).

Porto Livorno 2000 considered itself the only terminal operator of the port with the authorization to handle passengers from cruise vessels and ferries. Therefore it opposed the concession released in the recent past by the local port authority for a second ro-pax terminal to Sintermar Darsena Toscana.

The administrative regional court stated that Porto Livorno 2000 cannot be the only passenger terminal of the port recalling also the national and EU competition rules.

Grimaldi offers regular ro-pax services from Livorno to Sardinia and to Barcelona in Spain.

FERRY SHIPPING

By | 2020 Newsletter week 25 | No Comments

Grimaldi Doubled Ro-Ro Capacity With A Second Ship On The Livorno – Cagliari Service

On June 15, Grimaldi Group doubled the cargo capacity of its Livorno – Cagliari maritime link.

In a statement to its freight customers Grimaldi made public that a second vessel (EUROCARGO VALENCIA – 170 trailers) will be active on the route together with the EUROCARGO ISTANBUL already deployed on the same route.

Frequency of the regular services thus became daily and competition with Grendi Trasporti Marittimi operating the similar Marina di Carrara – Cagliari route is expected to increase.

After a temporary stop due to Covid-19, Grendi also recently announced to have restored the new line started last February and linking Porto Torres (in north of Sardinia) with Italy mainland (Marina di Carrara).

Grimaldi Formally Opposed State Aid To Ferry Companies In Italy And Finland

By | 2020 Newsletter week 24 | No Comments

Emanuele Grimaldi, CEO of Grimaldi Group, exclusively announced to Ferry Shipping News that his company has formally opposed the financial measures decided in Italy and in Finland to support some ferry competitors.

“We have formally contested, both on the local market and in Europe, those measures aimed at giving financial support specifically to some companies and which is selective, discriminatory and capable of distorting competition” Grimaldi said.

Legal actions have been promoted and addressed to Rome and Bruxelles for the EUR 72 million public subsidies extended by the Italian government to Compagnia Italiana di Navigazione (part of Onorato Armatori and operating Tirrenia’s fleet and routes) until 18 July 2021.

A similar action was taken in Finland against the National Emergency Supply Agency which “has already granted financial support to four out of seven commercial operators securing the main maritime bridges for rubber-tired vehicles. Finnlines has also filed an application under this same emergency financial support programme but up to know we did not receive any public aid”. For this reason, Grimaldi sent a letter to the European Union Directorate-General for Competition accusing Finland’s government of providing selective assistance to five ferry operators that compete with Finnlines.

In an interview published in the Wall Street Journal, the Italian owner further added: “Those who are not strong enough to survive should be incorporated by those who are strong. That’s the way it should work, but with the pandemic, it’s not. I’ve never seen so much state interference in shipping,” Grimaldi concluded.