Decrease in revenue is mainly due to changes in contract portfolio. Revenue: -17% (Q3) and -14.6% (YTD) Norled ended 5 contracts at year end 2019 and started 4 new contracts 1 January 2020. Indre Sogn (ferries) Sunnmøre (ferries) Rutepakke3 Hordaland (ferries) Troms (expressboats) Increased EBITDA...
2020 Newsletter week 50
Three-Year Charter Contract for New RoRo LIEKUT
The Flensburg newbuilt LIEKUT finally found a home to operate. The roro vessel will join the SeaRoad fleet for three years, as from March 2021. She will replace SEAROAD TAMAR on the Bass Strait (Tasmania-Australia) until SeaRoad’s new vessel is constructed. SeaRoad’s new permanent vessel is...
https://ferryshippingnews.com/three-year-charter-contract-for-new-roro-liekut/
The World’s Largest Electric Ferry Delivered
BASTØ ELECTRIC was delivered from Sefine Shipyard to BastøFosen on 7 December 2020. This marks a new era for Norway’s busiest ferry route Moss-Horten. When Bastø Electric enters operation in early 2021, it will be the starting point for electric operation, which will significantly reduce the...
https://ferryshippingnews.com/the-worlds-largest-electric-ferry-delivered/
Covid-19 Made Algérie Ferries Lose Billions
General Director of the ENTMV, Guerairia Ahcene, said that the company has lost 9 billion Algerian dinars (DZD)(=EUR 57 million), due to the corona pandemic. He said that the company is struggling to pay its employees, because of the operational stop. Although the company is receiving its newbuilt...
https://ferryshippingnews.com/covid-19-made-algerie-ferries-lose-billions/
DFDS ‘Ark’ Fleet Reshuffle
ARK FUTURA will leave the Ark (*) cooperation during December 2020, and this has triggered a reshuffle in the fleet. MAGNOLIA SEAWAYS and FINLANDIA SEAWAYS will join the Ark fleet. FINLANDIA SEAWAYS will be reflagged from the Lithuanian flag to the Danish flag from January 2021. MAGNOLIA SEAWAYS...
Moby Going On Serving Routes Until End of February
After some alarms raised over the maritime continuity in Italy during the last weeks, eventually Tirrenia Cin will go on serving the subsidised routes with the Tremoli, Sicily and Sardinia islands until the end of February. The decision came after a meeting where the Italian transport ministry made...
https://ferryshippingnews.com/moby-going-on-serving-routes-until-end-of-february/
SOLUTIONS FOR THE INDUSTRY
Moormaster Nxg Vital for ASKO’s Autonomous, Zero-Emission Roro Fleet and A Profitable Way to Sustainability for The Industry At Large ASKO Maritime – the shipping arm of Norway’s largest grocery wholesaler – is doing something revolutionary in the history of shipping. Its fleet of vessels, planned...
https://ferryshippingnews.com/solutions-for-the-industry-week-50-2020/
Public Money for Short Sea Fleet Renewal in Italy from the Recovery Plan
A first draft copy of the Recovery Plan, which is ‘under construction’ and emerged earlier this week, revealed that some financial resources will be bound directly to the fleet renewal for ferries and more in general vessels deployed on the short sea routes in Italy. Mainly those active on the...
All Time High In Cargo In November For Wasaline
November was the best month for cargo at Wasaline since the start of the traffic in 2013. Wasaline increased the number of cargo units in November by 26%. Passenger traffic has shifted to only those travelling for work or studies and this year the number of passengers has decreased by 72%.
https://ferryshippingnews.com/all-time-high-in-cargo-in-november-for-wasaline/
Naviera Armas and Trasmediterranea in the Spanish Press
A lot is being written about Naviera Armas and Trasmediterranea lately. Naviera Armas is negotiating credits with banks and bondholders. The latest news is that the Boluda Corporation is showing interest to acquire Trasmediterranea. Source: El Confidencial (and others, all in Spanish)…
https://ferryshippingnews.com/naviera-armas-and-trasmediterranea-in-the-spanish-press/