SEATRUCK PANORAMA sold to Mexican company TMC

By | 2024 Newsletter week 07 | No Comments

Seatruck Ferries RoRo vessel Seatruck Panorama has been sold to Transportación Maritima de California or Ferry TMC.

This Mexican company already owns and operates the former RoRo vessels Maersk Flandria and Saga Moon (now respectively San Jorge and Santa Marcela), and San Guillermo.

TMC offers RoRo services through the Sea of ​​Cortez on the La Paz – Topolobampo – La Paz and La Paz – Mazatlán – La Paz Routes.

TMC is a 100% Mexican company.

Seatruck Ferries is now part of the CLdN family

By | 2022 Newsletter week 45 | No Comments

On November 10, CLdN completed the agreement to acquire all Seatruck Ferries Holding Ltd shares from Clipper Group of Denmark.

This follows the approval of the proposed merger given by the Irish competition authority on 28 October 2022.

CLdN CEO, Florent Maes, says: “We are excited to welcome the Seatruck colleagues into the CLdN family. By combining and leveraging each other’s strengths, we will continue improving the service for both Seatruck and CLdN customers.”

“Through Seatruck’s long-term presence in the ports of Heysham and Warrenpoint and in our key hubs of Dublin and Liverpool, we expand the group’s network and are determined to invest and add capacity to our shipping lanes which serve these ports.”

“Seatruck’s imminent move to a terminal adjacent to ours in Dublin will offer our customers seamless transhipment opportunities from the start of 2023, allowing direct access to the group’s Iberian, Irish, UK and continental European markets.”

CLdN to acquire Seatruck Ferries from Clipper Group

By | 2022 Newsletter week 38 | No Comments
  • CLdN to acquire all shares in Seatruck Ferries Holding Ltd. from Clipper Group.
  • After approval from the Irish competition authorities, expected before end of year.
  • With 8 purpose-built vessels, Seatruck Ferries is the leading RoRo operator on the Irish Sea, transporting close to 20% of the region’s seaborne cargo volumes.
  • The parties have agreed not to disclose the transaction price.
  • The divestment of Seatruck Ferries allows Denmark-based Clipper Group to devote all financial and managerial resources to further strengthening its global dry cargo business.
  • After closing, the Seatruck operation will continue to run under the Seatruck Ferries brand with the existing management team lead by Alistair Eagles.
  • Joint impacts of COVID-19, Brexit and driver shortages are expected to accelerate growth in the unaccompanied trailer sector.

Seatruck Ferries Focused On Saving jobs

By | 2020 Newsletter week 20 | No Comments

Seatruck has come in for criticism from the unions for pushing ahead with a pay cut. CEO Alistair Eagles was fast to clarify in social media.  “We want to save jobs so we have deferred (not cut) pay for shore staff and crew for three months. Everyone will get in back in the future when the days are brighter. These are challenging times for the entire transport system.”

Alistair Eagles, CEO Seatruck Ferries is a frequent user of LinkedIn. Through this channel he published a letter on 23 March, providing an update.

By | 2020 Newsletter week 13 | No Comments

“I’d like to thank everyone at Seatruck and our customers. I’d also like to thank everyone else involved in transport and logistics from the drivers and technicians, to the staff in the warehouses, to the people in the ports, the stevedores and of course the crew on all vessels including those of our competitors. And a massive thank you to the families that support you, being a transport family is never easy but is even more difficult right now.”

Seatruck Ferries

By | 2020 Newsletter week 12 | No Comments

Seatruck Ferries has decided to stop shipping any HGV drivers or any other passengers on its Irish Sea vessels. Irish Sea services will run as normal but will be restricted to the shipment of drop trailers and unaccompanied trade vehicles.

FINANCE & FIGURES

By | 2019 Newsletter week 23 | No Comments

Seatruck Now Have Just Short Of 20% Of the Total Irish Sea Ro-Ro Market

Clipper Group a/s improved its operating profit (EBIT) in 2018. It’s ferry division did a very good job.

Seatruck Ferries recorded a volume growth of 7.5% in a market where total volumes grew by 2.7%. Seatruck Ferries now holds 19.9% of the total ro-ro market on the Irish Sea, where the company operates 3 routes between the UK and Ireland with close to 80 weekly sailings.

In 2018, Seatruck Ferries acquired 4 ro-ro vessels for a total consideration of USD 124 million. The company now owns all its 7 ro-ro vessels operating on the Irish Sea plus one additional ro-ro vessel, which is chartered out externally.