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May 10 2024
FinanceThe Finnlines Group’s revenue in January–March 2024 amounted to EUR 162.2 (163.1 in 2023) million. Earnings before interest, taxes, depreciation and amortisation, EBITDA, amounted to EUR 30.1 (45.5) million.
FinanceDFDS’ revenues were up by 11% to DKK 7.0bn, EBIT reduced 45% to DKK 200m. Total freight volumes in April 2024 were 13.9% above 2023 and up 10.1% adjusted for the addition of Strait of Gibraltar routes in 2024 and closure of the Calais-Tilbury route in 2023. The number of passengers in April 2024 were 24.5% above 2023 and down 7.6% adjusted for addition of the Strait of Gibraltar routes.
FerryAt Remontowa Shipbuilding S.A., the construction of a 63.65-metre hybrid passenger-car ferry ordered by Norwegian shipowner Torghatten Nord AS began on 8 May 2024 with the first steel cutting.
May 09 2024
Ro-roOn 29 and 30 April 2024, Gasum successfully conducted its first ship-to-ship LNG bunker deliveries in Travemünde, Germany. A total of 700mt was supplied by the LNG Bunker vessel CORALIUS to the sister vessels BALTIC ENABLER and BOTNIA ENABLER, owned by Wallenius Sol AB.
Torghatten has won its first ferry contact in Sweden. Torghatten will operate the Strömstad-Koster connection from December 2025, and two new electric ferries will be built.
May 08 2024
Ro-roOn behalf of Stena Line, Stena RoRo has signed a conversion contract with China Merchants Jinling (Weihai) Shipyard for the installation of an additional cargo deck, increased thruster capacity and preparations for shore power onboard STENA FORERUNNER and STENA FORETELLER. The cargo capacity will increase by 30% and the vessels will after conversion be ready to meet future efficiency requirements. The conversion for both vessels will be finalised during 2025.
May 07 2024
Finnlines, in partnership with GIT Coatings, is accelerating its decarbonization efforts by adopting XGIT-FUEL, a graphene-based hard foul release hull coating, across its ro-ro and ro-pax fleets. Starting with their first vessel in 2022, Finnlines has already applied this hull coating to four vessels as part of a recently signed fleet agreement, reducing fuel consumption and emissions by around 7% compared to previously used coating.
FerryAfter electrifying the ferries TYCHO BRAHE and AURORA, it is now time for the ferry HAMLET to be converted to full electrical operation, charged with electricity from wind, water and solar energy.
It is now only a few days left until this year's Shippax Ferry Conference and more than 480 delegates are booked. The final programme, timetable and list of booked companies below.This is now the final chance to register for the conference if you want to join and still haven't booked.
May 06 2024
Shippax Guide is the annual extensive ship register publication including all existing ro-pax, ro-ro and cruise vessels currently in service. In this issue, cruise is illustrated. Theme: Green technologies
Ro-roOn 21 May, Lakeway Link will start its new ro-ro service between Gdynia and Södertälje, with three weekly departures in each direction. Lakeway Link is the only company offering scheduled ro-ro transport for trailers and high and heavy cargo between Gdynia and Södertälje.
May 03 2024
YardMeyer Turku Group's result for 2023 has been published. The company's turnover was EUR 1.43 billion, which means a growth of 10.6% compared to the previous year. Both the turnover and the number of personnel have been growing for three consecutive years. The loss for the financial year 2023 was EUR 103.8 million (i.e. -7.2% of the turnover).
In April 2024, AS Tallink Grupp transported 398,508 passengers, which is a 16.7% decrease compared to April 2023. The number of cargo units increased by 18.9% compared to the same period a year ago and was 33,228 units. The number of passenger vehicles decreased by 19.7% to 54,380 vehicles in the same comparison. The year-on-year change in the volume of passengers and vehicles transported should be evaluated taking into account the impact of Easter holidays, which in 2023 were in April.
May 01 2024
High-speedMolslinjen has sold its oldest fast ferry, the 1998-built MAX. The ferry will henceforth operate in the Mediterranean. The reason for the sale is found in CO2 taxes, which force the company to slow down on the Kattegat.
FerryBalearia and Fred. Olsen Express reinforces, during the summer months, its maritime route between the Canary Islands and Huelva. Specifically, between 1 July and 30 September, there will be three to four weekly trips in each direction. This will allow the departures offered to double compared to the same period last year.
FerryScandlines announced that Eric Gregoire and Mikael Koch Jensen will join the company as CEO and CFO respectively. Michael Guldmann Petersen will continue as COO, and and together the three will make up Scandlines’ Executive Management Team.
Ro-roSea-Cargo has declared the option to buy the 2007-built sister vessels MISANA and MISIDA from Godby Shipping. Delivery of MISIDA is planned for January 2025 and MISANA in February-March 2025.
Apr 30 2024
FerryAs of 1 May 2024, Dennis Tetzlaff is Stena Line’s new Chief Operating Officer Fleet and part of the group management team.
Apr 26 2024
Brittany Ferries confirms its third weekly Cherbourg-Rosslare rotation, dedicated to freight, from Monday 29 April to reinforce the connections already operated.
FinanceTallink Grupp published its unaudited financial results for the first quarter of 2024, revealing an unaudited net profit of EUR 2.6 million, which is a 147.4% improvement on last year’s Q1 result of a net loss totalling EUR 5.4 million. The group’s unaudited consolidated revenue decreased by 6.3% compared to the same period in 2023 and totalled EUR 160.4 million (EUR 171.2 million in Q1 2023). The group’s unaudited EBITDA has improved again year-on-year and reached a total of EUR 34.5 million in Q1 2024, which is a 27.2% increase compared to the same period last year (EUR 27.1 million in Q1 2023).
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