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Tag: Molslinjen | Ferry Shipping News

Apr 21
4

NIB finances EQT-backed Molslinjen and Torghattens’ sustainability transformation in Denmark and Norway

By | 2022 Newletter week 16 | No Comments

NIB has signed a 7-year loan agreement with a EQT owned company to finance capital expenditures relating to electric ferries operated by Molslinjen A/S in Denmark and Torghatten AS in Norway.

The EUR 84.71 million loan, which is fully eligible to be funded by NIB Environmental Bond proceeds, will be key in realising EQT Infrastructure’s ferry capital expenditure programme during 2021-2026.

EQT Infrastructure is combining the two leading ferry companies, Molslinjen and Torghatten, under one common holding vehicle to establish a pan-Nordic floating bridge and island-to-mainland transportation infrastructure champion. The combined entity will become the leading maritime transportation company located in one of the most attractive and creditworthy regions, with a strong and resilient financial profile underpinned by robust cash flow visibility and a highly diversified route and contract portfolio.

Source: NIB
Previous post Refinancing of Torghatten and Molslinjen (April 7)
Apr 07
4

Refinancing of Torghatten and Molslinjen

By | 2022 Newsletter week 14 | No Comments

Norway’s investment bank ‘DNB Markets’ said in a LinkedIn post that it acted as Debt Advisor in the NOK 14.3 billion Sustainability-Linked Joint Refinancing of Torghatten and Molslinjen on behalf of EQT Infrastructure.

EQT Infrastructure is combining the two leading ferry companies, Molslinjen and Torghatten, under one common holding vehicle to establish a pan-Nordic “floating bridge” and “island-to-mainland” transportation infrastructure champion.

“The combined entity will become the leading maritime transportation company located in one of the most attractive and creditworthy regions, with a strong and resilient financial profile underpinned by robust cash flow visibility and a highly diversified route and contract portfolio,” says DNB Markets.

Oct 07
4

Fanø Gets Its First Electric Ferry

By | 2021 Newsletter week 40 | No Comments

Molslinjen’s brand new electric ferry GROTTE was put into operation on October 1st on the route between Esbjerg and Fanø. ‘

GROTTE was design by OSK Group and built at Hvide Sande Shipyard.

It was built according to exactly the same design as the two current ferries, FENJA and MENJA, which for many years have shown their efficiency in the short Danish domestic route between Esbjerg and Nordby on the island of Fanø.

The ferries FENJA and MENJA have just switched to fossil-free biofuel. The three ferries together will reduce emissions by up to 96 percent.

Mar 04
11

EQT Infrastructure Now Owns Molslinjen

By | 2021 Newsletter week 9 | No Comments

Following the approval of the EU competition authorities, EQT Infrastructure is now the formal owner of Molslinjen.

  • Danish Sampension will be a new minority investor in Molslinjen
  • Experienced industry experts join the company’s board
  • The new chairman of the board of Molslinjen will be Niels Smedegaard. (ex CEO DFDS)
  • Merete Eldrup will also be part of the new board (ex CEO of TV 2 Denmark)

“We look forward to the collaboration with many new competencies in the new Board of Directors, and we are pleased that with the combination of EQT Infrastructure and Danish pension funds we get a strong starting point for an exciting future for Molslinjen”, says Carsten Jensen, CEO of Molslinjen.

Oct 02
0

New Molslinjen Ferry Terminal Opens on 11 November

By | 2020 Newsletter week 40 | No Comments

11 November 2020 at 05.45 will see the first trip to Odden with Molslinjen’s fast ferry EXPRESS 3, starting from the new ferry terminal at Østhavnen in Aarhus. It marks the culmination of several years of construction work.

The trip also marks a shift in the local traffic in Aarhus. The 1.5 million annual motorists will enter the port faster via a better connection between motorway and terminal.

In the city of Aarhus alone, the signage towards the ferry port must be changed in more than 50 places.

Sep 03
0

The Danes Stayed in Denmark: Record Summer Figures for Molslinjen

By | 2020 Newsletter week 36 | No Comments

The summer season on Bornholm has broken all records.

Because of Covid-19, Germans couldn’t come to the Danish island. Instead, Corona motivated Danish people to spend their holiday on Bornholm.

Molslinjen, which operates the ferry routes to and from Bornholm, saw record figures from week 26 to 34.

  • +2.7% passengers (in total 643,841)
  • +15.0% cars
  • -21.5% German tourists

Molslinjen operated two catamarans between Ystad and Rønne.