Hyundai Mipo, China Merchants Group And GSI Shortlisted For Finnlines’ New Order

By | 2019 Newsletter week 41 | No Comments

For the first time in its history, the Grimaldi Group will build ropax ferries in Asia. The order for the new ‘Super Star’ class for Finnlines seems to be very close, according to what Emanuele Grimaldi stated at the EuroMed Convention. “We are now discussing with only three shipyards. The deal can be done in one month.”

The new ice-class vessels are an evolution of the Fincantieri-built Star-Class vessels. They will have a capacity of some 5,000 lanemetres and 350 cabins. They will also have the biggest battery pack ever mounted on a ship.

Some sources revealed to Ferry Shipping News that the builders shortlisted are Hyundai Mipo in South-Korea, Avic, Jinling (both part of the China Merchants group) and Guangzhou Shipyard International in China. All the European shipyards has been left out since the price were in some cases twice as high. Chinese yards seem to have an advantage over the South Korean competitor.

In the near future Grimaldi Group will also order a new series of ‘Supercruise vessels’ for the Mediterranean network, designed “to halve consumption while doubling capacity”.

Sale And Lease Back For The First Two Ferries Ordered By Onorato Armatori At GSI In China

By | 2019 Newsletter week 18 | No Comments

According to what is reported by Moby in its last financial report, F.lli Onorato Armatori Srl, the company established in 2017 and equally shared by Achille and Alessandro Onorato (sons of Moby’s chairman Vincenzo), in 2018 signed “a sales agreement and simultaneous charter of the new vessels with a foreign financier”.

The units in question are the “new ships with delivery scheduled in 2021 and 2022” due to be built in China by GSI Shipyard. The financial counterpart is likely to be one of the following: ICBC Leasing, BoComm Leasing or China Merchants.

The order for 4 (+ 2 + 2 options) newbuildings was signed at the same time in February 2018 by Onorato Armatori and MSC Group (for Grandi Navi Veloci) and regards ro-pax ferries designed by OSK-Shiptech wih 2,500 passenger and 3,765 lane meter capacity. Also, MSC is believed to adopt the same financing scheme for the new order. (Nicola Capuzzo)