Tag

Jadrolinija

Sep 11
Love3

Jadrolinija Traffic Remains Stable as Costs Increase

By 2026 Newsletter week 37

Jadrolinija carried 9.3 million passengers and 2.8 million vehicles during the first eight months of 2026. Passenger numbers were slightly lower year on year, while vehicle volumes remained stable. More vehicles were transported during the summer season than last year.

H1 revenue increased by 3%, but expenditure rose by 5%. The Croatian ferry operator attributed the higher costs mainly to maintenance, energy prices and geopolitical developments.

Jadrolinija is preparing a major fleet-renewal programme with support from the International Finance Corporation. Its first concrete newbuild project is the passenger vessel NOVA POSTIRA, intended for services around Dubrovnik and the Elaphiti Islands. Negotiations with qualifying shipyards are under way.

Sep 11
Love3

Jadrolinija Plans Ten New Ships by 2030

By 2026 Newsletter week 37

Croatian ferry operator Jadrolinija is preparing its largest fleet renewal programme in recent years, with plans to build ten new vessels by 2030. The investment is currently estimated at €200–260 million.

The programme includes seven new, more environmentally friendly ferries and three fully electric passenger vessels. The size and specifications of the ships will depend on the routes they are intended to serve.

Jadrolinija currently operates 58 vessels, with an average age of around 28 years. During the summer season, its fleet operates more than 600 departures per day. In 2025, the company carried 12.6 million passengers and 3.8 million vehicles, generating revenues of €195.1 million, but recorded an €8.7 million loss.

Jul 14
Love3

New High-Speed Ferry Link Relaunched by Jadrolinija Between Croatia and Italy

By 2026 Newsletter week 28

After more than a decade, Zadar has once again been connected with the Italian port city of Ancona by a fast passenger sea route operated by Jadrolinija with the catamaran JELENA.

The seasonal international service resumed on 3 July and is being served by a vessel able to accommodate 300 passengers. It operates several times a week, with departures from Zadar scheduled on Mondays, Wednesdays, Fridays, Saturdays and Sundays. The catamaran leaves Gaženica Port at 08:00 and arrives in Ancona at 12:00. Return departures from Ancona are scheduled for 14:00.

Built in Singapore, the high-speed vessel JELENA has been part of Jadrolinija’s fleet since 2018 and is equipped with modern navigation systems and a wastewater treatment system. It is also adapted for passengers with reduced mobility, including accessible facilities and boarding infrastructure.

Oct 03
Love3

Jadrolinija Partners With IFC on Fleet Renewal

By 2025 Newsletter week 40
  • Parties: Jadrolinija and International Finance Corporation (IFC, World Bank Group).
  • Purpose: Prepare financing for Jadrolinija’s fleet renewal programme.
  • Focus: Modernisation, sustainability, energy efficiency, and green transition.
  • Next Step: IFC to provide advisory and structuring support for investments.
  • Goal: Strengthen Jadrolinija’s competitiveness while reducing environmental footprint.

Source: Jadrolinija (in Croatian)

Sep 20
Love2

Two modern catamarans purchased by Jadrolinija

By 2024 Newsletter week 38

Just a few weeks after the tragedy in Mali Lošinj, where three seafarers aboard the LASTOVO ferry lost their lives, Croatian shipping company Jadrolinija is launching an immediate plan to renew its fleet, which has an average age of 28 years. 

The Italian newspaper Il Piccolo reported that the shipping company’s general manager, David Sopta, revealed that two catamarans, built in 2023, have just been purchased for 11.4 million euros and will be added to the fleet from November. 

Constructed last year at Indonesia’s Cahaya Samudra Shipyard, the two fast ferries are 38 metres long, 10 metres wide, powered by 2,880-kilowatt engines, and capable of carrying up to 312 passengers each. 

The vessels, intended to be renamed CVIJETA and RUŽICA, are similar to the KATA and DANICA catamarans purchased by Jadrolinija in 2023, which were built at the same Indonesian shipyard. 

These acquisitions should allow the Croatian company to retire older vessels, such as the DUBRAVKA catamaran (photo Mike Louagie). 

Feb 16
Love1

A strong result for Wasaline – continued reduction in environmental impact and a record year in the passenger segment

By 2024 Newsletter week 07

During the financial year, further measures have been taken to reduce energy consumption and environmental impact. Emissions of CO2 have decreased by 23%. During the year, the use of LNG increased. In the autumn, Aurora Botnia operated one day a week with certified Biogas. Utilization of the battery technology was also optimized. All of this contributed to this decrease.

Since the start of traffic of AURORA BOTNIA in 2021, Wasaline has reduced its CO2 emissions by 29% per trip and in 2023 CO2 emissions were reduced by 23%.

The passenger side showed an increase compared to 2022, despite that the bookings decreased significantly in the last quarter due to the recession.

Passenger volumes increased by 4.4% and turnover by 5.4%.

Departures increased by 2.7% to 1,164 departures.

Cargo lost volumes. Mainly it was imports to Finland that decreased. All shipping to Russia was cancelled and demand for paper decreased, which led to the amount of cargo units falling by 5.9%

The result before appropriations and taxes amounted to +3.2 million (2022 +3.3 million).

TRAFFIC STATISTICS

(numbers) 2023 2022
Departures 1 164 1133
Passengers 279 590 267 757
Passenger Vehicles 63 647 55 661
Cargo units 20 886 22 191

 

KEY FIGURES

(1000 €) 2023 2022
Revenue 29 107 29 293
Operating profit 2 902 3 292
Operating profit % 10,0 % 11,2 %
Equity ratio 61,7 % 63,05 %
Feb 16
Love1

European Commission closes State aid investigation into Danish and Swedish public financing of Øresund fixed rail-road link

By 2024 Newsletter week 07

The European Commission has concluded that the State guarantee model granted by Denmark and Sweden for the construction of the Øresund fixed rail-road link does not constitute new aid within the meaning of EU State aid rules.

The Commission has also found that part of the tax support implemented by Denmark constitutes new aid that is disproportionate and therefore not compatible with the Treaty. Denmark must now recover the incompatible aid, including interest.

In October 2014, following a complaint by a ferry company, the Commission found that Denmark and Sweden’s support to the consortium owning and operating the Øresund fixed rail-road link, Øresundsbro Konsortiet I/S, was in line with EU State aid rules.

Denmark and Sweden’s support took the form of a State guarantee on the loans taken out by the consortium to finance the link. Denmark also provided the Danish parent company of the consortium, A/S Øresund, with special tax treatment as concerns depreciation of assets and fiscal loss carry forward.

In September 2018, the General Court partially annulled the Commission’s 2014 decision on procedural grounds.

Continue to read here.

Feb 16
Love1

Jadrolinija (1)

By 2024 Newsletter week 07

Jadrolinija has acquired OSLOFJORD, primarily for its international route between Croatia and Italy.

The ship is expected in Croatia at the end of this month, after which it will go to a shipyard, probably Viktor Lenac.

OSLOFJORD was built in 1993 at the Swedish shipyard Bruce Shipyard, was equipped in Norway and completely renovated in 2014 in Finland. Most cabins were then removed. A crossing between Dubrovnik and Bari is to take about six and a half hours. [timetable]

The vessel has been used a day ferry between Sandefjord and Strömstad, with tax free sales as main income. Since both Croatia and Italy belong to the EU, duty free sales will not be possible.

Photo: Mike Louagie