FERRY SHIPPING

By | 2019 Newsletter week 16 | No Comments

Damen Launches Two Road Ferries For BC Ferries

In the space of just a few weeks, two, 81m road ferries for BC Ferries have been launched at Damen Shipyards Galati and are now being fitted out. Once operational they will be capable of carrying up to 300 passengers and crew, and 47 vehicles.

The ferries have been built to Damen’s Road Ferry 8117E3 design and the order was secured following an extensive, multi-phased, international tender process. BC Ferries is currently undertaking a fleet renewal programme. The twin Damen Road Ferry 8117E3 will serve the Northern Gulf Islands off the coast of Vancouver, replacing vessels that are now over fifty years old

BC Ferries: Replacement Of Four Ferries Provides Opportunity For Community Input

By | 2019 Newsletter week 11 | No Comments

BC Ferries will be building up to five new ferries to replace four existing vessels and
invites customers and communities to join conversations about the new vessels and to provide input
that will help shape their future onboard experience.

The new ships are being specified to deliver enhanced environmental sustainability and offer flexibility to meet
changing travel demands into the future.

BC Ferries expects the new ferries to enter service in the mid2020s.

“BC Ferries Is On The Whole A Well-Run Company,” Says Report

By | 2019 Newsletter week 9 | No Comments

The Review of Coastal Ferry Services confirms that the coastal ferry service is a vital part of the provincial economy and critical to both those who use ferry services and for the province as a whole.

BC Ferries President and CEO Mark Collins appreciates the review concluding that “BC Ferries is on the whole a well-run company.”

The review also recognizes that “employees and managers are committed to providing a safe, reliable service for the coast and work hard at it every day of the week” and “Board of Directors take seriously its obligation to provide good strategic direction and oversight.”

BC Ferries acknowledges and appreciates the financial contribution the Province made over the past year, along with contributions from BC Ferries, to fare affordability and helping to keep fares flat and lower fares on some routes.

FINANCE

By | 2019 Newsletter week 9 | No Comments

BC Ferries: Highest Number Of Vehicles Ever

BC Ferries released its third quarter results today for the fiscal year ending March 31, 2019.

  • Net loss CAD 3.7 million (14.8)
  • Average of 466 sailings per day
  • +1.7% passengers = 4.7 million (highest in 20 years)
  • +2.6% vehicles = 2.0 million (highest ever)

Due to the seasonality of ferry travel, BC Ferries generates higher net earnings in the first and second quarters – the spring and summer months – which are typically reduced by net losses in the third and fourth quarters, when fewer discretionary customers are travelling.

Last fall, BC Ferries submitted a 12-Year Capital Plan, which details plans to invest more than $3.9 billion. This will be the largest capital plan in BC Ferries’ history. The capital plan emphasizes more system capacity, operational efficiency, resiliency and travel certainty.

BC Ferries And First Peoples’ Cultural Council Reveal Indigenous Artwork For NORTHERN SEA WOLF

By | 2018 Newsletter week 49 | No Comments

Kwakiutl First Nation’s Richard Hunt and Nuxalk Nation’s Danika Naccarella designed the artwork that will adorn the NORTHERN SEA WOLF (the former Greek ferry AQUA SPIRIT).

The artwork will be displayed on the interior and exterior of the vessel for customers to view, along with profiles of the artists.

BC Ferries and community stakeholders named the NORTHERN SEA WOLF in honour of a

First Nations’ legend in which the Sea Wolf is a manifestation of the Orca. The designs depict the beauty of the majestic animal, with The Sea Wolf the symbol of family, loyalty and the protector of those travelling their waters.

IN THE MEDIA

By | 2018 Newsletter week 42 | No Comments

The Challenge Of Meeting The Needs Of Ferry Users And Communities

BC Ferries President and CEO Mark Collins speaks to BC Shipping News about his background and the future of BC’s coastal ferry network.

Some topics in this very interesting interview:

  • Capacity challenges
  • Diversification of revenue.
  • Overview of the plans with the newbuildings.
  • Which fuel?
  • To build locally or internationally?

BC Ferries Looking For Shipyard To Build Five Vessels

By | 2018 Newsletter week 41 | No Comments

On 5 October, BC Ferries issued a Request for Expressions of Interest (RFEOI) for the procurement of five new major vessels.

  • The competitive bidding process is open to all shipyards, including consortiums.
  • Vessels to enter service in 2023.
  • To replace QUEEN OF ALBERNI, QUEEN OF NEW WESTMINSTER, QUEEN OF COWICHAN, and QUEEN OF COQUITLAM. Plus an additional vessel to address forecasted increases in traffic in the coming years, and to build resiliency in the fleet.
  • Focus on ecology.
  • After RFEOI the next step will be a Request for Pre-Qualification, followed by a Request for Proposals.

BC Ferries: Record Breaking Passenger And Car Numbers; Less Money

By | 2018 Newsletter week 35 | No Comments

BC Ferries’ passenger traffic levels experienced during Q1 were the highest the company has experienced in over 20 years and the vehicle traffic levels were the highest ever recorded.

However, net earnings were only CAD 6.0 million, compared to CAD 17.3 million for the same quarter of the previous year.

  • Reasons:Operating expenses increased by 7.8% to $209.9 million as the company provided 352 additional round trips to meet the increase in demand. This resulted in an increase in labour and fuel consumption.
  • One-time reintroduction costs for the upgraded SPIRIT OF BRITISH COLUMBIA.
  • Fare reductions by 15%.
  • C. seniors’ passenger discount was increased from 50% to 100% for travel Monday to Thursday.

Revenues increased by 1.5% to CAD 229.7 million primarily as a result of

the increased traffic levels, partially offset by a decrease in the average tariff per passenger and per vehicle due to the fare reductions.