Scandlines hires new CFO

By | 2022 Newsletter week 15 | No Comments

Jesper Mikkelsen Heilbuth will take up the position of Chief Financial Officer (CFO) on July 1, 2022, and join the shipping company’s executive board, reporting to CEO Carsten Nørland.

As CFO, Jesper Mikkelsen Heilbuth assumes responsibility for all Group functions in the areas of Finance, Treasury, IT, and Procurement.

Jesper Mikkelsen Heilbuth is 45 years old and since 2020 Group CFO and member of the management board of the international food group A. Espersen A/S. He is a certified public accountant and began his career in the auditing and consulting firm KPMG, after which he spent 10 years as Vice President, Head of Group Finance & Tax at the shipping and logistics company DFDS.

Jesper Mikkelsen Heilbuth replaces Per Johannesen Madsen, who in February 2022 announced his decision to leave the shipping company after 10 years as CFO.

Leclanché to supply 10 MWh battery system for Scandlines’ zero-emission freight ferry PR24

By | 2022 Newsletter week 14 | No Comments

The world’s largest hybrid ferry will be powered by a Leclanché liquid-cooled lithium-ion battery system manufactured at Leclanché’s European factories.

Leclanché’s Marine Rack System will incorporate the latest fast-charging 65Ah high cycle battery cells with a 10-year lifespan.

Announced in November 2021, Scandlines ‘ zero-emissions ferry project will be powered by an advanced 10MWh lithium-ion battery energy storage system (BESS) from Leclanché.

Leclanché is among a number of companies selected to provide key components, systems and expertise, including Norwegian companies Kongsberg Maritime and Norwegian Electric Systems (NES).

The ferry was designed by LMG Marin AS, Norway and will be built at Cemre shipyard in Turkey.

Scandlines zero-emission freight ferry will be 147.4 meters long. The cargo capacity of the double-ended ferry will be 66 cargo units and carry a maximum of 140 passengers at a speed of 10 knots.

As a hybrid ferry, the crossing time between the two ports will be 45 minutes. In purely electric operation, the crossing time is 70 minutes and the ferry is emission-free.

Scandlines is looking for a new CFO

By | 2022 Newsletter week 7 | No Comments

Scandlines CFO Per Johannesen Madsen has decided to leave the German-Danish ferry operator and will resign from his position by the end of August 2022 at the latest.

Per Johannesen Madsen has been CFO and part of Scandlines’ Executive Management since 2012, responsible for the overall financial management of the group and its financial reporting. He has been in charge of a number of departments and projects – including the sale of Scandlines as a company and of the Helsingborg-Elsinore route. Now Per Johannesen Madsen has decided to continue his journey outside Scandlines.

Per Johannesen Madsen will continue his work for Scandlines until further notice and will also contribute to ensuring a smooth transition once a new CFO has been found. He will resign from his position by the end of August at the latest.

Scandlines orders zero-emission freight ferry for the Puttgarden-Rødby route

By | 2021 Newsletter week 45 | No Comments

An emission-free freight ferry will be built for Scandlines

  • Design and builders: LMG Marin and Cemre Shipyard
  • The ferry will enter service in 2024
  • Route Puttgarden-Rødby
  • Capacity: 66 freight units (+23% compared to the ships it will replace, HOLGER DANSKE and KRONPRINS FREDERIK).
  • Crossing time 1 hour, if fully electric
  • Crossing time 45 min. if hybrid
  • The ferry can also be used as backup ferry for one the four current double-ended ferries
  • Berth 3 in Rødby and Berth 1 in Puttgarden must be rebuilt to also load lorries on the upper deck.
  • A new lorry storage area will be established in the terminal of Puttgarden.
  • The ferry will initially exclusively charge in Rødby. Already in 2019, Scandlines invested in a 50 kV / 25 MW power cable to Færgevej in Rødbyhavn. This cable will now be extended to the ferry berths, where a transformer and charging station will be installed. In the longer run, the plan is to also be able to charge in Puttgarden when a good solution has been found for the purchase of green energy.
  • The modular construction of the vessel makes it possible to later adjust the vessel in order to also carry cars.
  • Length: 147.4 m
  • number of passengers: 140
  • Service speed: 18 knots

Carsten Nørland Succeeds Søren Poulsgaard Jensen as Scandlines’ CEO

By | 2021 Newsletter week 35 | No Comments

“Søren has done an excellent job and positioned Scandlines well for the future as a green and competitive provider of critical infrastructure connecting Continental Europe and Scandinavia. Carsten Nørland brings the right commercial and international skills and experience to carry on the good results in the coming years towards the opening of the Fehmarn tunnel and beyond,” says Chairman of Scandlines’ Supervisory Board, Vagn Sørensen.

Carsten Nørland is 52 years old and holds a MSc. in Economics and Business Administration from Copenhagen Business School. Before his seven years at Royal Unibrew, he held leading positions with international responsibilities in Copenhagen Airports, Flügger and Masterfoods/MARS inc.

FERRY NEWS

By | 2021 Newsletter week 17 | No Comments

Scandlines: A Positive Result In A Challenging Year

Annual Report Scandlines: a summary

  • Scandlines maintained operations during the pandemic and delivered satisfactory profitability despite a dramatic decline in traffic volumes and revenue following travel restrictions and border closures.
  • The status of the two ferry routes as critical infrastructure was underlined.
  • -43% total revenue (from EUR 475m to 273m).
  • -39% revenue from the 2 ferry routes because of travel restrictions and border closures.
  • -50% car and passenger traffic volumes.
  • -6% freight.
  • Scandlines maintained operations and continued to provide frequent departures, a high reliability level and flexibility to meet customer demand and keep the vital supply of medicine, food and other necessities flowing.
  • -54% revenue BorderShop.
  • EBITDA 84m (188m)
  • EBITDA margin 31% (40%)
  • Despite the turbulence in 2020, Scandlines generated a positive result and decided to return the Danish compensation of EUR 9 million allocated to cover fixed costs.

Start of the Construction of Fehmarn Belt Tunnel

By | 2020 Newsletter week 45 | No Comments

Works on Scandlines’ biggest competitor can start.

The longest combined road and rail tunnel in the world, with two double-lane motorways and two electrified rail tracks, will link Germany and Denmark under the Fehmarn Belt.

The 18km long tunnel is due for 2029.

At the end of September, the Scandlines Group’s lawsuit was heard before the Federal Administrative Court in Leipzig. On 3 November the court confirmed the planning approval decision as legal.

Scandlines said it is particularly pleased that the court has taken the safety of the ships into account and that the barges used to bring excavated material to Denmark have to give way to the Scandlines ferries in order not to disturb the operations.

Scandlines is not pleased with the planned road works, which will downgrade the current connection. This gives a competitive advantage to the tunnel. “It cannot be that Femern A/S can design worse access to our ferry terminal, ”says Søren Poulsgaard Jensen. Further steps will be taken.

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.

Scandlines Confirms Its Role as Provider of Essential and Green Infrastructure

By | 2020 Newsletter week 30 | No Comments

The hybrid ferry COPENHAGEN, which runs between Rostock and Gedser, was retrofitted in May 2020 with a 30m high rotor sail from Norsepower Oy Ltd.

“By installing the rotor sail, CO2 emissions can be reduced by an estimated 4-5% without affecting the speed and travel time,” reports Heiko Kähler, Managing Director of Scandlines Deutschland GmbH.

With the green investments, Scandlines was already able to demonstrate stable and solid economic performance in the 2019 operating result and it is assumed that this will also benefit the business.

In the first months of 2020, business was still relatively stable, but the outbreak of COVID-19 within Europe and the subsequent travel restrictions led to a sharp decline in passenger traffic. “To date, we have already recorded a loss of more than 70,000 cars on the Rostock-Gedser route and we expect that the traffic figures will also be negatively affected by the Corona crisis for the rest of the year,” said Heiko Kähler.

Even during the Corona crisis, Scandlines continued to operate on both the Puttgarden-Rødby and Rostock-Gedser routes in order to serve freight customers and thus ensure critical supply chains On Rostock-Gedser Scandlines transported 90% of the truck volumes compared to the previous year.

Although Scandlines is optimistic, the outbreak of COVID-19 is expected to have a significant negative impact on traffic and economic results this year.