FERRY PORTS

By | 2020 Newsletter week 43 | No Comments

“Positive” September for the Port of Piraeus

Port of Piraeus presented an increase of 4,5% in container traffic in September, according to the monthly data published by COSCO Shipping Ports. In Q3, a decrease of 4,1% was recorded as well as a total decrease of 5,5% in the nine-month period.

In any case, the data of the last quarter of the year are expected with great interest as they will reveal the annual total loss that the port will have due to the consequences of the pandemic, as well as the dynamics that Piraeus maintains in relation to other rival Mediterranean ports.

Portsmouth Port Leads the Way in Covid-19 Readiness

By | 2020 Newsletter week 40 | No Comments

Portsmouth International Port says in a press release that it has become one of the first in the UK, recognised by independent assessors, for its new protocols to manage and reduce the risk of COVID-19 infections.

Portsmouth is a major transport hub, with passenger sailings now operating again between France and Spain, and its continued role as a lifeline route for the Channel Islands. The port had to quickly adopt government safety measures to protect both staff and customers.

Andrew Williamson, passenger operations manager said: “Our aim was to give passengers confidence that the new preventative measures we have put into place are of the highest standard, and to highlight the benefits of international travel by sea. This verification from DNV GL provides further reassurance about the efforts we are taking to keep them safe.”

Port of Piraeus PPA Weathers the Covid Storm Pretty Well

By | 2020 Newsletter week 40 | No Comments
  • -5.8% turnover EUR 66.5 million (70.6)
  • -4.7% profit before tax EUR 20.9 million (21.9)
  • -2.2% earning after taxes EUR 15.5 million (15.9)

This change is mainly due to the significant reduction of revenues from:

  • the cruise sector EUR 3.7 million,
  • the revenues of the Coastal Shipping sector by EUR 1.6 million
  • the revenues from the Car Terminal by EUR 2.2 million

The above decrease was mainly counterbalanced by an increase in revenues at the Container Terminal and revenues from the Ship Repair sector.

Port of Piraeus: Small Losses and 4th Place Amongst the Top-15 European Ports

By | 2020 Newsletter week 34 | No Comments

According to the recent data from Porteconomics.eu, the port of Piraeus is ranked 4th among the top 15 ports in Europe despite the pandemic. In the first semester of 2020, the handling of containers in the largest port of Greece decreased only by 6.2%, compared to 2019. That figure reveals that the largest Greek port shows significantly better yields compared to other ports controlled by the Chinese COSCO as it seems to have withstood the strong shocks of the first wave of the pandemic in March and June.

On the other hand, regardless of the fluctuations of traffic as reflected for the port of Piraeus and the other fourteen ports in the data, Piraeus continues to claim one of the first three places in the ranking and consequently a better position in the world ranking under conditions related to infrastructure, the construction of the 4th pier as well as the railway project.

TOP STORY

By | 2020 Newsletter week 11 | No Comments

Port in Focus: Piraeus

Ferry Shipping News visited Port of Piraeus a few weeks ago and met with Mr. Nektarios Demenopoulos, Deputy Manager/Public & Investor Relations of the port. We talked about the ferry and roro traffic, cruise calls, the protection of the environment as well as the present and the future of the biggest Greek Port.

Former RUNGHOLT Arrived in Piraeus

By | 2019 Newsletter week 51 | No Comments

On December 18, 2019 the new acquisition of the Cretan Daily Cruises, NISSOS CHRYSSI (ex- RUNGHOLT) arrived in Piraeus under tow from Germany.

The ship was purchased last October from the German Wyker Dampfschiffs-Reederei Föhr-Amrum GmbH (W.D.R.). She served the Dagebüll – Wyk (Foehr Island) – Wittdün (Amrum Island) line until May 2018.

She will be converted and possibly introduced on the Ierapetra – Chryssi line.

PPA Broke the 5 Million TEU Limit

By | 2019 Newsletter week 47 | No Comments

Piraeus Port Authority (PPA) S.A. officially announced that on November 18th, 2019 it handled the container with number CSUN7025891. It was unloaded from the COSCO Shipping vessel CAPRICORN, reaching the total throughput in the port of Piraeus at 5,000,000 TEU for this year. The fact that the five million limit is already broken in November, brings the Port of Piraeus closer to the first position in the Mediterranean and possibly among the top four ports in Europe.

IONIAN STAR Ex. BOHUS Is Sailing To Piraeus Soon

By | 2019 Newsletter week 35 | No Comments

Color Line’s BOHUS is ready to sail -within the next few days- for Piraeus as she was purchased -a few months ago- by Red Star Ferries.

The ship was renamed IONIAN STAR and she left the port of Sandefjord for Piraeus where she is expected to arrive within the next few days.

The classic ferry is expected to be introduced between Brindisi (Italy) – Valona (Albania) and she will probably replace her older fleet mate RED STAR 1 (5.762gt/1965).

IONIAN STAR until recently served the Sandefjord-Stromstad run and she was replaced by COLOR HYBRID.

She is also a sister ship to Seajets AQUA SOLUTION which was purchased in 2018, while her other fleet mate EUROPEAN STAR is still at the port of Brindisi without having any service for the summer of 2019.

Port Of Piraeus Delivers Strong H1 Performance

By | 2018 Newsletter week 40 | No Comments

+ Turnover € 63.5 million (€ 52.0 million). This change is mainly due to the significant increase in revenue from the concession agreement of Pier II+III (+29.5%), container terminal sector (+20.1%), car terminal sector (+29.7%), as well as ship repairing sector (+48.3%).

+ Profit before tax € 18.7 million (€ 8.6 million)

+ Earnings after taxes € 13.3 million (€ 4.4 million)