CORRECTIONS Week 19

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Last week we wrote that SPIRIT OF MONTOIR (FRIJSENBORG) belongs to Nordana/Weco. In fact the ro-ro is owned by Visemar Levante Srl. Nordana/WECO Roro has the vessel on time charter and sublet her to LDA.

The link to the “Ferries on Order” did not work. This has been rectified. Apologies.

Irish Continental Group’s Trading Update

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Irish Continental Group’s Trading Update

ICG carryings for the year to date to 8 May 2018:

  • Cars 100,400 (98,000) = +2.4%
  • Ro-ro freight 99,500 (95,800) = +3.9%
  • Container Freight TEU 116,400 (115,100) = +1.1%
  • Terminal Lifts 109,000 (104,000) = +4.8%

Financial information for the first four months of 2018:

  • Consolidated Group revenue €96.4 million = +1.4%
  • Net cash €69.3 million compared with €39.6 million at 31 December 2017 which includes the proceeds from the sale of the JONATHAN SWIFT.
  • Total revenues €52.3 million= -2.4% decrease

FERRY SHIPPING

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Austal Invests In Major Commercial Shipbuilding Expansion

Fast ferry builder Austal has finalised the details of its previously announced investment of up to USD 30 million for capacity expansion. This investment will be focused in the Company’s commercial shipbuilding facilities in Western Australia and Asia.

Photo: HALUNDER JET © Austal

P&O Ferries Jumps On An Opportunity

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After the fire on FINLANDIA SEAWAYS, DFDS decided to stop its service between Zeebrugge and Rosyth, Scotland. (news 16 April 2018)  P&O Ferries now announced their plans to lift capacity on the Zeebrugge-Teesport route by almost 25% within the next month, in order to create a gateway to Scotland.

How this increase in capacity will be realised is still kept confidential. P&O is understood to be looking at a different configuration of ships.

The company currently carries more than 100,000 freight units a year to Teesport from its continental hub at Zeebrugge. The 12 sailings a week service is provided by the BORE SONG and the MISTRAL.

Customers will benefit from P&O Ferries’ plans to increase the capacity of its ships combined with the introduction by PD Ports of a new rail service to Mossend in Scotland. The timetable of both services will be fully integrated so that freight can be moved from one to the other with minimal delay.

Photo: BORE SONG in Zeebrugge © Mike Louagie

Ferry Route Portuguese Mainland – Madeira To Re-open

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The Regional Government Council of Madeira awarded the concession of public services for the transportation of passengers and vehicles by ferry between Madeira and the Portuguese mainland to the company Empresa de Navegação Madeirense. The concession is for three years and worth nine million euros.

This route was interrupted in January 2012, when Naviera Armas decided to pull the plug of this service. It is understood that Naviera Armas will operate the service on behalf of Empresa de Navegação Madeirense. The ferry is likely to be the Trasmediterranea VILLA DE TEROR, actually in the terminal phase of its construction.

Photo: Wikipedia

FERRY PORTS

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Further Capacity Increase At Port Of Kapellskär (Stockholm)

On May 8 the Finnlines vessel FINNSWAN called for the first time at the new pier at the Port of Kapellskär. This will increase the freight capacity by almost 30% on the Kapellskär – Naantali route.

She will operate together with FINNFELLOW. Cargo capacity will rise from 5,450 lane metre to 7,000.

Photo: Ports of Stockholm