Newsphone decided the sale of its subsidiary ‘Levante Ferries V’ to its main shareholders for €2.5 million. This amount will be lent to ‘Levante Ferries III’ for six years at a rate of 7,25% and it will be used for the purchase of a ship with a value of up to €3 million plus interest, in which...
https://www.ferryshippingnews.com/newsphone-sells-its-subsidiary-levante-ferries-v/
The MSC-controlled ferry company Grandi Navi Veloci seems to be in advanced negotiation for taking a minority share in Africa Morocco Link. The rumour was reported by several media both in Morocco and in Greece while the Genoa-headquartered company preferred not to comment on the issue upon request...
https://www.ferryshippingnews.com/gnv-in-negotiation-for-a-25-stake-in-africa-morocco-link/
Royal Marines have stormed a Brittany Ferries ship (ARMORIQUE) packed with passengers sailing to Plymouth, as they rehearsed boarding drills in the Channel. Source:
What is Operation Marhaba? Each year many Moroccan expats travel to their home country during summer. Known as ‘Operation Marhaba 2019’, this migration sees a huge peak in ferry travel across the Western Mediterranean and Strait of Gibraltar. In the beginning of summer to go south, at the end they...
https://www.ferryshippingnews.com/spain-and-morocco-are-ready-for-operation-marhaba-2019/
Early May DFDS entered a five-year agreement with Stora Enso to transport around 700,000 tons of paper and paperboard products annually. This week (week 25), DFDS launched the new route between Zeebrugge and Gothenburg. The two tailormade 2,450 lane metre ro-ro ships owned by Wagenborg and...
https://www.ferryshippingnews.com/dfds-launched-the-new-route-zeebrugge-gothenburg/
MSC Enters Messina Group With a 49% Stake and Takes Four Con-Ro Ships Gianluigi Aponte’s Italian holding Marinvest and Ignazio Messina & C. Group have formally signed the agreement which makes MSC new owner of four ships and of a minority stake in the shipping company. Aponte will invest €25m for a...
Cypriot-based Seajets confirmed the purchase of the monohull HSC CAPRICORN (1999), which is laid up at the Nauta Lamjana shipyard in Croatia since 2011. The vessel belonged to the American Avid Ltd, which purchased her from Aliaga with the prospect of converting her into a mega-superyacht, but...
https://www.ferryshippingnews.com/seajets-purchase-the-laid-up-hsc-capricorn/
Moby’s EBITDA Shows Encouraging Positive Trend in Q1 Moby Group has published an interesting Q1 report with some positive trends, which show the company is on the path of recovery. Some figures in million € Revenues 102.2 (89.2 in Q1, 2018) EBITDA recurring 20.2 (-15.6 in Q1, 2018) Operating Profit...
https://www.ferryshippingnews.com/mobys-ebitda-shows-encouraging-positive-trend-in-q1/