Clipper Group Annual Report: Seatruck Ferries and ro-ro chartering activities

By | 2018 Newsletter week 23 | No Comments

The net result for 2017 is satisfactory despite EBIT going down compared to 2016. The reason for a lower EBIT relates to impairment loss, lower operating profit in the chartering activity from a reduction of two vessels and operational issues related to the lock in Liverpool.

  • Seatruck Ferries total freight volumes growing 6%
  • Seatruck Ferries now holds 19.6% (17.9%) of the ro-ro market on the Irish Sea.
  • Especially the routes out of Dublin have proven to be successful.
  • Operating result is expected to decrease slightly compared to 2017 because of a lower chartering result.

Unaccompanied Trailers Lead Irish Sea Freight Growth

By | 2018 Newsletter Week 17 | No Comments

On his LinkedIn page, Seatruck Ferries’ CEO Alistair Eagles wrote a summary on the publication of Volume 15 of the Irish Maritime Transport Economist by the IMDO.

2017 saw just a 1% increase in driver accompanied shipments where the driver travels with the ship. In contrast unaccompanied trailer shipments grew by 6%.

60.8% of total Irish Sea freight now moves on an unaccompanied basis.