EXTRA NEWS

By | 2019 Newsletter week 46 | No Comments

Brittany Ferries and Columbia Threadneedle Investments reach agreement to acquire Condor Ferries from Macquarie Infrastructure and Real Assets

Brittany Ferries, in consortium with the Columbia Threadneedle European Sustainable Infrastructure Fund (ESIF), has reached an agreement to acquire 100 percent of Condor Ferries from Macquarie Infrastructure and Real Assets (MIRA).

Contracts have been signed and the deal is expected to be executed following scrutiny by relevant regulatory authorities. Brittany Ferries will hold a minority stake.

Condor Ferries is an operator of lifeline freight and passenger ferry services. Each year, Condor Ferries carries approximately 1 million passengers, 200,000 passenger vehicles, and over 900,000 freight lane meters between Guernsey, Jersey, the United Kingdom, and the Port of St. Malo in France.

Brittany Ferries began operations in 1973. Today its fleet includes twelve ships connecting France, the United Kingdom, Ireland and Spain. It operates from three ports in the UK, Portsmouth, Poole and Plymouth and carries around 2.5 million passengers every year, as well as 210,000 freight units.

ESIF is a new open-ended, evergreen fund that invests in European mid-market equity assets, managed by leading global asset management group Columbia Threadneedle Investments.

CLdN and Brittany Ferries Are Part of the Success of Port of Santander

By | 2019 Newsletter week 29 | No Comments

The Spanish Port of Santander closes the first half year with an increase in total traffic of 9.6% and 6.2 million tons of cargo.

It is the best half year of the last five years and represents a clear recovery of merchandise traffic since the drop experienced in 2016.

On the ferry side, the line from CLdN has driven the growth of the Margen Norte dock. In addition, ro-ro cargo moved by Brittany Ferries has increased by 8.8%.

Through its hub in Zeebrugge, CLdN links Santander with Dublin, Purfleet, Killingholme, Esbjerg and Göteborg.

Brittany Ferries has direct ro-pax connections between Santander and Cork, Plymouth and Portsmouth.

Brittany Ferries Name Next Ships

By | 2019 Newsletter week 28 | No Comments

The AF MICHELA (STENA EGERIA) will be arriving in November 2019 for a one-year charter. She will be renamed KERRY.
This ship will cover the Cork to Santander route from November 2019 to November 2020.

The company’s third E-Flexer class ship, also to be chartered from Stena RoRo, will be named SANTOñA. She will arrive in 2023 and like sister ship SALAMANCA, she will be powered by LNG.

TOP STORY

By | 2019 Newsletter week 26 | No Comments

Brittany Ferries to Charter Another Visentini Ferry from Stena RoRo

Brittany Ferries is going to charter an additional ferry ahead of the 2020 season. The ship is currently sailing in the Adriatic as AF MICHELA.

There are three main reasons for the charter:

  • During winter, Brittany Ferries have to send their ferry PONT-AVEN to a yard to have one of her four engines replaced. That will take almost 3 months.
  • To cope with potential delays in the delivery of HONFLEUR, under construction in Flensburg.
  • Generate additional capacity to prepare for the impacts of Brexit, should it happen at the end of October.

The chartered ro-pax will be operated from November 2019 until November 2020. She will take over Brittany Ferries sailings from Cork to Santander.

CONNEMARA, which operates between Cork and Santander today, will be brought under the French-flag. This is six months earlier than originally planned and reinforces Brittany Ferries commitment to the employment of French seafarers, a very important issue in France.

Following her re-flagging, CONNEMARA will be free to cover scheduled dry-dock periods for other vessels over the winter and to release ETRETAT (currently operating Portsmouth to Le Havre) to cover services from the UK to Spain in April.

IN THE MEDIA

By | 2019 Newsletter week 26 | No Comments

Brittany Ferries Might Be Interested in Condor Ferries

An internal letter from Brittany Ferries informed its employees that the company might be interested in taking over Condor Ferries, together with a co-investor.
Brittany Ferries would not like to see Condor being taken over by a competitor.
The BF management said it was too early to comment.

Condor Ferries is currently owned by The Australian Macquarie Fund.

Brittany Ferries Commits to Portsmouth With Contract Extension

By | 2019 Newsletter week 22 | No Comments

Portsmouth International Port’s relationship with Brittany Ferries has been strengthened following the announcement of an additional five years to a joint long-term agreement.

This means Brittany Ferries is committed to Portsmouth until the end of 2031, during which time a further three ships will join the current fleet serving routes from the city. Alongside the HONFLEUR, GALICIA and SALAMANCA will both be based in Portsmouth from 2021.

Currently the port welcomes over 1.85 million Brittany Ferries’ passengers annually.

To make sure the Port can meet its customers’ expectations recently the council approved £19m of investment to transform the facilities and overhaul existing infrastructure.