Grimaldi launches a twice-weekly feeder ro-ro service between Antwerp and Cork, as from the beginning of May. Antwerp is Grimaldi’s main hub in the North of Europe. Grimaldi Group has been operating in the Republic of Ireland for nearly 25 years with ConRo vessels, linking Cork to Northern Europe...
https://ferryshippingnews.com/grimaldi-lines-to-start-belgium-ireland/
For the first time in Stena’s 80-year history, the company suffered an overall financial loss. Thanks to important freight activities the company succeeded in generating a small positive EBITDA. Stena AB figures Total revenue 33,343 (37,142) SEK Million EBITDA, excluding sale of assets 5,613...
https://ferryshippingnews.com/stena-had-a-bad-year-too-but-freight-saves-the-earnings/
Tallink Grupp Publishes 2021 First Quarter Financial Results Net loss amounted to EUR 34.4 million (net loss of EUR 30.2 million in Q1 2020) -65.3% Revenue EUR 53.7 million EBITDA EUR -6.3 million (EUR -1.3 million) Despite the significant drop in revenue in Q1, Tallink managed to avoid as...
https://ferryshippingnews.com/tallink-grupp-publishes-2021-first-quarter-financial-results/
Sales amounted to EUR 24.6 M (EUR 75.0 M) Other operating revenue was EUR 10.3 M (EUR 1.2 M). Operating income totalled EUR -7.7 M (EUR -21.5 M). Net financial items were EUR -1.3 M (EUR -1.9 M). Income before taxes amounted to EUR -8.9 M (EUR -23.4 M). Income after taxes totalled EUR -7.2 M (EUR...
Condor Ferries said it is planning to use Brittany Ferries’ fast catamaran NORMANDIE EXPRESS this summer. Brittany Ferries is a minority shareholder of Condor Ferries and owns the fast craft. The vessel would be renamed CONDOR VOYAGER. Synergy: Condor Ferries will operate a number of peak summer...
Baleària will start operating on May 1 in the Balearic Islands with “the most innovative and sustainable fast ferry in the Mediterranean.” LNG-powered ELEANOR ROOSEVELT set sail on April 27 from the Armon shipyard in Gijón, where it was built, bound for Dénia. Route: Dénia – Ibiza – Palma.
https://ferryshippingnews.com/balearia-introduces-eleanor-roosevelt/
Stena Line’s revenue from its onboard shops for Q1 has shown a large increase on its routes between the UK and the EU compared to the same period last year. The growth is due to ‘Duty Free’ sales. Following Brexit, ‘Duty Free’ sales are permitted onboard ferry routes between the UK and the EU....
https://ferryshippingnews.com/duty-free-boosts-stena-lines-shop-sales-by-over-80/
The Naples-based ferry company Navigazione Libera del Golfo ( NLG) emerged as sole participant at the tender launched by the Italian transport ministry for maritime continuity between the Tremiti islands and mainland Italy. The regular link operated to the port of Termoli will be subsidised for the...
On April 24, Grimaldi Lines’ ZEUS PALACE replaced fleetmate CRUISE BONARIA) on the Patras – Ancona line. The ship had an extensive refit on the Turkish Besiktas Shipyards before entering service. CRUISE BONARIA will be introduced on the Salerno-Palermo-Cagliari line on May 4.
https://ferryshippingnews.com/zeus-palace-replaced-cruise-bonaria-on-the-patras-ancona-line/
EBITDA outlook raised from DKK 3.0-3.5bn to DKK 3.2-3.6bn for 2021 Reason: stronger than expected freight results in most business units. There was as anticipated a considerable slowdown in volumes linked to the UK in January following the UK stockbuilding in Q4 2020. Since then, volumes have...
https://ferryshippingnews.com/dfds-2021-outlook-raised-after-stronger-start-of-the-year/