In 2017, the Administrative Court of Bastia condemned the Collectivity of Corsica to pay €84.3 million to Corsica Ferries. It is a compensation for the so-called “complementary service”. This was an illegal financial system which was given to SNCM, as compensation for the extra passengers in high...
https://www.ferryshippingnews.com/corsica-ferries-versus-collectivity-of-corsica-no-money-yet/
The Norwegian company already had 3 ferries on order at Sedef in Turkey. One more unit has now been confirmed. The design is from Multi Maritime. One MM 75 FE EL will be delivered in April 2021. Three MM 105 FE EL are expected respectively in December 2020, February 2021 and June 2021.
https://www.ferryshippingnews.com/boreal-sjo-ordered-a-fourth-ferry-at-sedef/
As planned, ropax KERRY set sail for the first time from Rosslare to Bilbao on 28 February. There will be 2 weekly roundtrips between Rosslare-Bilbao throughout the year, and an additional crossing between Rosslare-Roscoff during high season. Rosslare-Bilbao replaces Cork-Santander as key freight...
https://www.ferryshippingnews.com/brittany-ferries-started-service-from-rosslare-to-bilbao/
Last week Ferry Shipping News was just in time to publish the news about the Memorandum of Understanding between Rauma Marine Constructions (RMC) and Australian TT-Line Company. Two ropax ferries are going to be built in Finland instead of Flensburg, Germany. This has now been confirmed by...
Irish Continental Group plc: Preliminary Statement of Full Year Results ICG reports a solid financial performance for the year ended 31 December 2019. Irish Continental Group +8.2% Revenue +26.9% EBITDA (pre non-trading items) +8.2% EBIT (including non-trading items) EBITDA increase of €18.4...
Last year, 3.5 million passengers chose to travel across Denmark with the fast ferries from Molslinjen. Fast ferries between Jutland and Zealand in 2019: +8.3% passengers +5.3% cars (1,351,558) +1.6% departures (7,640) For 2020, Molslinjen has planned to increase the number of sailings with 4.2%.
https://www.ferryshippingnews.com/a-record-breaking-fast-ferry-year-for-molslinjen/
In February 2020 AS Tallink Grupp transported : +8% passengers +19.5% cargo units +12.6% cars AS Tallink Grupp numbers for February 2020…
https://www.ferryshippingnews.com/as-tallink-grupp-statistics-for-february-2020/
Congratulations to Jan Philip Eckmann and his team who published an impressive new issue of RoPax magazine. Not only do we have the pleasure to share this terrific magazine with our readers, Jan Philip Eckmann will also be one of the moderators at the Ferry Shipping Summit in Amsterdam. Click on...
A statement from Brussels informed that “the European Commission has concluded that the public service compensation granted since 2009 to Tirrenia di Navigazione and later to its acquirer Compagnia Italiana di Navigazione (CIN) for the operation of ferry services in Italy is in line with EU State...
The standstill agreement (with a with a group of bondholders under the €300 million bond due 2023 issued by Onorato Armatori Spa) announced one month ago by Moby, expired on 28 February. The Milan-based ferry company also said to be engaged in discussions with the banks (Unicredit, Intesa Sanpaolo,...
https://www.ferryshippingnews.com/standstill-agreement-between-moby-and-creditors-expired-what-now/