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TOP STORY

By | 2019 Newsletter week 25 | No Comments

Maelir AB Becomes Viking Line’s Largest Individual Owner

On Wednesday 19 June, Maelir AB acquired just over 17.1% of Viking Line Abp.

Maelir AB is a private holding company based in Stockholm. It is active in real estate, hospitality and shipping.

After the transaction, Maelir’s ownership in Viking Line amounts to 17.75%. From now on Maelir is Viking Line’s largest individual owner.

Sellers include the companies Ab Rafael and Rafael Investering Ab.

Rafael Mattsson co-founded Rederiaktiebolaget Vikinglinjen, which later became Viking Line Abp. He was also the founder of the company which today constitutes both Ab Rafael and Rafael Investing Ab. For a long time, he was board member of Viking Line, and CEO ad interim when co-founder Gunnar Eklund retired.

FERRY SHIPPING

By | 2019 Newsletter week 25 | No Comments

What is Operation Marhaba? Each year many Moroccan expats travel to their home country during summer. Known as ‘Operation Marhaba 2019’, this migration sees a huge peak in ferry travel across the Western Mediterranean and Strait of Gibraltar. In the beginning of summer to go south, at the end they head back north.

When? From 5 June till 15 September 2019.

Numbers:  28 Ferries on 11 Routes.

What has been improved?

  • Algeciras – Tanger Med
  • +8% daily rotations: 13 ferries offer 53 daily rotations
  • +11% passenger capacity 47,210
  • +13% car capacity 12,895

Almeria – Nador

  • +30% daily rotations: 4 ferries offer 6.5 daily rotations
  • +56% passenger capacity 7,800
  • +62% car capacity 2,185

Busiest periods

Southbound peak period is 14-21 July and 25 July- 8 August, with 5,000 cars and 18,000 pax per day.

Northbound peak period starts mid-August, with more than 5,000 cars and 18,000 pax per day, until 2 September.

Spain and Morocco Are Ready for Operation Marhaba 2019

By | 2019 Newsletter week 25 | No Comments

What is Operation Marhaba? Each year many Moroccan expats travel to their home country during summer. Known as ‘Operation Marhaba 2019’, this migration sees a huge peak in ferry travel across the Western Mediterranean and Strait of Gibraltar. In the beginning of summer to go south, at the end they head back north.

When? From 5 June till 15 September 2019.

Numbers:  28 Ferries on 11 Routes.

What has been improved?

  • Algeciras – Tanger Med
  • +8% daily rotations: 13 ferries offer 53 daily rotations
  • +11% passenger capacity 47,210
  • +13% car capacity 12,895

Almeria – Nador

  • +30% daily rotations: 4 ferries offer 6.5 daily rotations
  • +56% passenger capacity 7,800
  • +62% car capacity 2,185

Busiest periods

Southbound peak period is 14-21 July and 25 July- 8 August, with 5,000 cars and 18,000 pax per day.

Northbound peak period starts mid-August, with more than 5,000 cars and 18,000 pax per day, until 2 September.

DFDS Launched the New Route Zeebrugge – Gothenburg

By | 2019 Newsletter week 25 | No Comments

Early May DFDS entered a five-year agreement with Stora Enso to transport around 700,000 tons of paper and paperboard products annually. This week (week 25), DFDS

launched the new route between Zeebrugge and Gothenburg.

The two tailormade 2,450 lane metre ro-ro ships owned by Wagenborg and operating on the route since the beginning have been acquired by DFDS and given DFDS names.

SCHIEBORG became BELGIA SEAWAYS and SLINGEBORG is now GOTHIA SEAWAYS.

FIONIA SEAWAYS has been transferred from the Gothenburg – Ghent route to the new route and will take part in the 8 to 12 weekly departures. She left Gothenburg for the first time on 15 June, Zeebrugge-bound.

MSC Enters Messina Group With a 49% Stake and Takes Four Con-Ro Ships

By | 2019 Newsletter week 25 | No Comments

MSC Enters Messina Group With a 49% Stake and Takes Four Con-Ro Ships

Gianluigi Aponte’s Italian holding Marinvest and Ignazio Messina & C. Group have formally signed the agreement which makes MSC new owner of four ships and of a minority stake in the shipping company.

Aponte will invest €25m for a 49% stake in the Genoa-based group and for a 52% stake in a new single purpose vehicle controlling four of the eight modern con-ro ships. More specifically the units set to be 52% controlled by MSC will be JOLLY DIAMANTE, JOLLY PERLA, JOLLY TITANIO and JOLLY COBALTO.

Messina has a financial exposure of over €450m mainly with Banca Carige, related to the fleet renovation plan completed in the last few years with 8 new con-ro ships built in South Korea by Daewoo and STX shipyards from 2011 to 2015.

Besides the fresh capital Gianluigi Aponte will put in the Genoa-based shipping company, also the Messina family will put €5m on the table to re-launch the business which will be possible also through several operative synergies between the Italian and the Swiss firms.

The agreement is subject to the approval of the competent antitrust and port authorities.

Seajets Purchase the Laid-Up HSC CAPRICORN

By | 2019 Newsletter week 25 | No Comments

Cypriot-based Seajets confirmed the purchase of the monohull HSC CAPRICORN (1999), which is laid up at the Nauta Lamjana shipyard in Croatia since 2011.

The vessel belonged to the American Avid Ltd, which purchased her from Aliaga with the prospect of converting her into a mega-superyacht, but plans fell through.

HSC CAPRICORN is a sister ship of TERA JET and she arrived at the port of Piraeus under tow on 19 June (see photo).

FERRY FINANCE

By | 2019 Newsletter week 25 | No Comments

Color Line Expects a Lower Profit Than Last Year

Color Group AS is expecting to have a profit in 2019 that is down comparable to the figure reported in 2018, because of:

  • increased oil price
  • weaker Norwegian currency
  • delayed delivery of COLOR HYBRID from Ulstein Yard
  • weaker freight marked than expected.
  • BOHUS which was out of service due to an extraordinary operational disruption
  • Settlement in the legal dispute between Nye Kystlink AS and Color Group AS / Color Line AS.

Total cash effect is estimated to approximately NOK -200 mill. (of which approximately NOK -150 effect on results) In 2019.

BOHUS has been sold to a subsidiary company of Northbay Transportes Maritimos LTD, Madeira, Portugal with delivery latest 30 August 2019. The transaction has been guaranteed by the subsidiary company Tnitsea Shipping LTD, Madeira, Portugal. The ship will continue its operations in the Mediterranean, most likely for Red Star Ferries.

Moby’s EBITDA Shows Encouraging Positive Trend in Q1

By | 2019 Newsletter week 25 | No Comments

Moby’s EBITDA Shows Encouraging Positive Trend in Q1

Moby Group has published an interesting Q1 report with some positive trends, which show the company is on the path of recovery.

Some figures in million €

  • Revenues 102.2 (89.2 in Q1, 2018)
  • EBITDA recurring 20.2 (-15.6 in Q1, 2018)
  • Operating Profit -2.3 (-30.1 in Q1, 2018)
  • Net Result -15.0 (-40.6 in Q1, 2018)

The positive EBITDA trend is influenced by an increase of Revenue due to a positive performance in freight transport (€8.5m) and due to the capital gain obtained by the subsidiary CIN, consequently the sales of the ferries PUSCHMANN and AURELIA (€15m).

Interesting is also to follow the issues with the Italian Antitrust Authority. The Regional Administrative court of Lazio has issued a final judgment on the appeal finding that a significant part of the conduct alleged by the Italian Antitrust Authority had not been correctly verified.

The company also mentions in the report the two new Chinese-built vessels, which are expected in 2020 and 2021.

GNV In Negotiation for a 25% Stake in Africa Morocco Link?

By | 2019 Newsletter week 25 | No Comments

The MSC-controlled ferry company Grandi Navi Veloci seems to be in advanced negotiation for taking a minority share in Africa Morocco Link.

The rumour was reported by several media both in Morocco and in Greece while the Genoa-headquartered company preferred not to comment on the issue upon request from Ferry Shipping News.

Africa Morocco Link operates between the ports of Tanger and Algeciras with a fleet of three ferries offering regulars sailings between the two sides of the Mediterranea sea.

As of today, the company founded in 2016 is jointly participated by the Moroccan BMCE Bank (51%) and the Greek group Attica (49%). According to what local media reported, BMCE bank should dismiss the AML’s majority share under its control before the end of the third year from the company foundation and that would be the reason why Grandi Navi Veloci was contacted as a potential investor.

Below a photo of LE RIF in AML colours, still in Genoa on 19 June.

FERRY PORTS

By | 2019 Newsletter week 25 | No Comments

Tallink Grupp Connects First Two Vessels to Shore Power at Port of Stockholm

Tallink has this week started using shore power to provide electricity for two of its vessels, SILJA SERENADE and SILJA SYMPHONY, while they are alongside in port to reduce the environmental impact of the vessels and to minimise air pollution.

The group’s Tallinn-Stockholm route vessels BALTIC QUEEN and VICTORIA I have also been fitted with the shore power connection equipment and will start testing the equipment soon. The company’s other vessels visiting the Port of Stockholm will follow suite in 2020 and 2021.

The Port of Stockholm is currently one of the few ports in the Baltic Sea region to have shore power connection available.

INTERESTING READS

By | 2019 Newsletter week 25 | No Comments

NGO ‘Robin Des Bois’ Sees a Drop in Ship Recycling in Q1

In its quarterly report, the NGO analyses the ship recycling.

This year is special, because of the European Regulation No 1257/2013 on ship recycling, which entered into force on 1 January 2019. It applies to ships flying the flag of a Member State which must now be scrapped in an approved yard. The number of approved yards increased from 26 to 34. Two Danish, five Norwegian and one Turkish yards have been added.

Following ferries have been scrapped (Hyperlink connects with Fakta Om Fartyg)

  • ALKYON (ex MAMBRO, SKOPELOS, GOTLANDIA, VIKING 2, GOTLANDIA)
  • EUROPEAN EXPRESS (ex MILLENIUM EXPRESS, HO MARU, TAKASHIHO MARU)
  • HORIZON (ex IONIS, IGNIS, DIGNITY, VIGNESSWARA, FERRY NANIWA).
  • MAWADDAH (ex KING MINOS, ERIMO MARU).
  • UTOPIA IV (ex AKATSUKI, NEW AKATSUKI)

TECHNOLOGY

By | 2019 Newsletter week 25 | No Comments

DFDS: Collaboration With Volvo Trucks On Autonomous Transport Between Logistics Centre And Port Terminal

DFDS has entered into a collaboration with Volvo Trucks concerning their electric, connected and autonomous vehicle Vera.

The aim is to develop and test an integrated solution for transporting goods from a logistics centre to a port terminal in Gothenburg, Sweden, using Vera.

Facts about the Vera project:

  • The assignment is to move containers from a DFDS logistics centre in Gothenburg to an APM terminal in the port according to needed capacity.
  • The autonomous system is monitored by an operator in a control tower who is also responsible for the transport.
  • The solution is suited for repetitive flows with a maximum speed of 40 km/h.
  • Infrastructure adaptations are part of the scope in the implementation of the total transport system, including automated gates at the terminals.
  • Volvo Trucks and DFDS are main partners but several actors are involved in implementing Vera’s first assignment.
  • The initiative is carried out with support from the Swedish Innovation Agency Vinnova, the Swedish Transport Administration and the Swedish Energy Agency through the Strategic vehicle research and innovation programme FFI.

IN THE MEDIA

By | 2019 Newsletter week 25 | No Comments

First-ever Ferry Services between Bulgaria and Turkey Launched

The first-ever maritime transportation between Turkey and Bulgaria was started Tuesday 18 June, as a ferry carried passengers from the Bulgarian city of Burgas to the northwestern Turkish province of Kırklareli. Fast ferry SINAN PASA was operated by Istanbul’s Sea Bus Operators (IDO).

SHORT NEWS

By | 2019 Newsletter week 25 | No Comments

DFDS Is Testing A New Funnel Look

On ARK GERMANIA, the Maltese cross has been replaced by the letters DFDS and a light blue stripe.

Read here why

  • Crew of La Meridionale will go on strike on 21 June. They are concerned about the future of the company, after it failed to secure a public service delagation contarct for some routes to Corsica.
  • GALAXY has again arrived in the Gibraltar Strait for her summer charter to Inter Shipping.
  • Ferry AQUA JEWEL (Seajets), will replace the planned AZORES EXPRESS in Atlânticoline’s 2019 seasonal operation, joining the MEGA JET already in the Azores. The AZORES EXPRESS was not ready on the time defined by the contract.

PHOTOS OF THE WEEK

By | 2019 Newsletter week 25 | No Comments

Sandefjord, Before the Arrival of COLOR HYBRID

As from end of July, the new COLOR HYBRID will operate on Sandefjord – Strömstad.

The oldest ferry, BOHUS will then be sold.

Here are some souvenir pictures of both BOHUS and COLOR VIKING.

VIDEO

By | 2019 Newsletter week 25 | No Comments

ForSea: The Present Is Electric

Last week I had the opportunity to do a couple of sailings on AURORA and TYCHO BRAHE, the two ferries from For Sea on Helsingborg – Helsingør.

These ferries were built in the 1990ies and are now mainly running on electricity. We did report about that before, for example with the previous interview with For Sea’s CEO Johan Röstin .

It was nice to see the operation with my own eyes, and I recommend anyone who has interest in environmental solutions to visit them.

I learned that on both sides of the crossing streets had to be broken up to bring the powerline to the ferry terminals. It was also interesting to know that the original diesel engines are still onboard and maintained. They can always take over if necessary.

Watch my little video on YouTube (0:45)