Mega Smeralda Chartered As Accommodation Vessel In Genoa

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Corsica Ferries’ vessel MEGA SMERALDA is being used in Genoa as accommodation vessel by Costa Crociere, for hosting the crew of the COSTA neoRIVIERA.

This cruise ship is currently being transformed into AIDAmira (for AIDA Cruises), at the San Giorgio del Porto shipyard.

MEGA EXPRESS has more than 500 cabins.

The one-month charter (€50k/d) is set to expire at the end of November.

FERRY FINANCE

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Finnlines Is On Track

The Finnlines Group’s results for January–September were:

  • +0.6% Revenue = EUR 450.8 (447.9) million
  • +6% EBITDA = EUR 136.8 (129.0) million
  • +8.6 Result = EUR 81.8 (75.3) million

In spite of the slowdown in the Finnish economic growth, Finnlines still is on track to achieve another excellent result.

Strong Financial Returns For Scotland’s Ferry Operator

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Transport and logistics operator, David MacBrayne Ltd, which operates CalMac Ferries has seen an increasing number of passengers visiting the iconic Scottish western isles.

For the first time, CalMac carried more than 5.6 million passengers and more than 1.4 million vehicles as part of yet another year on year increase.

  • +2.3% Revenue = GBP 215 million (210)
  • +69% Profit before tax GBP 7.1 million (4.2)

FERRY PORTS

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Annual Report 2018-2019 TT-Line Company Pty Ltd

Key figures (in $ AUD)

  • +6.4% Revenue = $260.3 million ($244.6 million)
  • +11.2% EBITDA = $63.4 million ($57.0 million)
  • -0,6% Profit after tax = $44.1 million ($44.4 million)
  • -0,4% Passengers = 446,869 (448,764)

Freight = record numbers, ships sail at full capacity.

At the time of writing, the Company was in close discussions with Flensburger Schiffbau-Gesellschaft (FSG) regarding contracts for the construction of two new roro ships. While FSG’s financial difficulties were widely reported during the year, the Company has solid contracts in place with the shipbuilder to build the new Spirit of Tasmania vessels.

INTERESTING

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“This Is Why Our New Shipping Company Will Be A Success”

Quote from Ragnar Johansson, CEO Wallenius SOL.

What began as an idea in a port in Kotka has now, after ten years, resulted in a completely new Swedish shipping company. The ambition is to secure long-term infrastructure for the industry in the Gulf of Bothnia.

TECHNOLOGY

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Powercell Sign Development Contract For Maritime Zero Emissions Solution With Havyard Group

PowerCell Sweden AB has signed a contract with Norwegian Havyard Group ASA regarding the development of the design and the technical specifications for a zero-emissions fuel cell system. The system may come to be installed on board a vessel that will service the shipping company Havila Kystruten’s new route from Bergen to Kirkenes.

The one-year contract concerns the development of the design and the technical specifications for a zero emissions system fully classifiable and in conformity with IMO maritime safety requirements. The system solution that PowerCell and Havyard jointly will design, will be based on several marinized 200kW fuel cell system modules connected in parallel with a total power of 3.2 megawatts.