O is rolling out a new customs clearance service to help firms navigate the new rules for import and exports. The new service is equipped to assist customers with empty declaration requirements from this month, providing tailored support throughout the last quarter of 2021. As international trade...
2021 Newsletter week 42
Eni and Fincantieri sign an agreement for initiatives to support the energy transition
Eni and Fincantieri have signed a Memorandum of Understanding to establish a partnership for promoting initiatives focused on the energy transition. The aim is to create a system of integrated solutions for decarbonization projects in the fields of energy, transport and the circular economy.
The process of securing long-term financing for the Eckerö Group continues according to plan
The Group’s parent company Rederi Ab Eckerö has successfully completed the placement of a bond loan: EUR 62 million five years interest rate of three EURIBOR + a credit margin of 7% Agreed issue date is 28 October 2021 An application for a listing of the bond on the market for corporate bonds at...
Interview with Adolfo Utor, Chairman Baleària Group
The first renderings of the Scottish-led HYSEAS III project, which aims to build Europe’s first sea-going ferry powered by hydrogen fuel cells, have been completed. As a double-ended sea-going passenger and car ferry, it will have capacity for 120 passengers and 16 cars or two trucks. It has been...
https://ferryshippingnews.com/interview-with-adolfo-utor-chairman-balearia-group/
Morace announce 30 million refitting plan for the Trasmed GLE’s fleet
After the first summer season under control of the new owner, Grimaldi Group, Trasmed GLE’s fleet will undergo an important refitting program. CEO Ettore Morace told Ferry Shipping News that all the ropax units controlled by Grimaldi (CIUDAD DE PALMA, VOLCÁN DEL TEIDE, VOLCÁN DE TIJARAFE and CIUDAD...
https://ferryshippingnews.com/morace-announce-30-million-refitting-plan-for-the-trasmed-gles-fleet/
Strong H1 results for STEF Group – La Méridionale in the red
La Méridionale made a 12.7 million negative operating result in the first half of 2021, better than the 15.9 million negative in the first half of 2020. La Méridionale is bringing the whole STEF group (specialised in temperature-controlled transport and logistics services for food products) into a...
https://ferryshippingnews.com/strong-h1-results-for-stef-group-la-meridionale-in-the-red/
Adolfo Utor takes control of 100% of the shares of Baleària
After several months of cordial negotiation, the Baleària partners, Adolfo Utor with 57.5% of the shares and the Matutes group of companies (42.5%), have agreed to end their relationship of more than 17 years as partners in Baleària. Adolfo Utor takes control of 100% of the shares of the shipping...
https://ferryshippingnews.com/adolfo-utor-takes-control-of-100-of-the-shares-of-balearia/
Former SARDINIA REGINA sold to Kevalay Travel & Tourism for a new Turkey-Libya link
Corsica Ferries seem to have finally sold their veteran ferry SARDINIA REGINA as anticipated last summer with a public announcement released by the Coast Guard in Genoa. The vessel was expected to change flag (and ownership) from Italy to Libya. Indeed, the new owner appears to be Kevalay Travel &...
ECSA position paper on the fuel EU maritime proposal
ECSA supports the objective of the FuelEU Maritime proposal to foster the uptake of cleaner fuels in shipping. However, the proposal may become a missed opportunity due to enforcement loopholes. Making the EU fuel suppliers responsible for meeting the fuel standards will substantially address the...
https://ferryshippingnews.com/ecsa-position-paper-on-the-fuel-eu-maritime-proposal/
Increased fares for trucks on Adriatic Sea routes
The sharp increase in bunker prices has forced ferry companies operating in the Adriatic and Ionian routes to increase the freight fares. More specifically: Superfast Ferries’s surcharge for a 16.5-meter-long truck is formed as follows: For the Bari line 50 euros For the Ancona line 115 euros For...
https://ferryshippingnews.com/increased-fares-for-trucks-on-adriatic-sea-routes/