Q3 -39.6% or 2.9 million passengers -22.3% or 1.6 million vehicles Year-to-date -42.1% or 10.6 million passengers -26.9% or 5.3 million vehicles The effects of COVID-19 have negatively impacted BC Ferries’ traffic and revenues over the current year. This trend is expected to continue in the near...
https://ferryshippingnews.com/safe-restart-funding-helps-bc-ferries-address-covid-19-impacts/
Not ferries but deep-sea roro’s: The Neapolitan Group ordered six new roro multipurpose vessels to Hyundai Mipo Dockyard Co. Ltd (Ulsan).
https://ferryshippingnews.com/grimaldi-group-continues-modernising-its-fleet/
Caledonian Maritime Assets Ltd, in partnership with Transport Scotland and CalMac, is commencing a major programme to replace up to seven small ‘loch class’ vessels serving the Clyde and Hebrides Ferry Services network. The programme timeline has not been finalised, but it is expected the...
https://ferryshippingnews.com/seven-new-ferries-for-scotland/
Tallink Grupp will require passengers travelling to Finland to present a negative COVID-19 test result certificate or a certificate from the GP evidencing that the passenger has recovered from coronavirus. The new requirement follows a strong recommendation from the Finnish Health Authority...
https://ferryshippingnews.com/tallink-negative-covid-test-result-prior-to-boarding/
In a recent interview published in the Reporter.gr, the Chairman of the Hellenic Passenger Shipping Business Association, Mr. Michalis Sakellis, pointed out the following: The year 2021 is expected to be worse than 2020 for the Hellenic Coastal Shipping, threatening the liquidity of the ferry...
Tallink Grupp reported an unaudited net loss of EUR 108.3 million for the 2020 financial year (net profit of EUR 49.7 million in 2019), resulting from travel restrictions, border closures and states of emergency due to the global COVID 19 pandemic. Consolidated revenue amounted EUR 442.9 million...
https://ferryshippingnews.com/tallink-grupp-reports-net-loss/
The Administrative Court of Appeal of Marseille condemns the Territorial Collectivity of Corsica to pay Corsica Ferries France the sum of €86.3 million in compensation for the damage it suffered as a result of the illegal subsidy provided by the Collectivity to SNCM. This subsidy was given for the...
https://ferryshippingnews.com/victory-for-corsica-ferries-at-last/
As the expiring date of March 28 for submitting the debt restructuring proposal is rapidly approaching, tensions are increasing between Moby and its bondholders. Last week, news provider Reorg Research reported that the “ad hoc group” controlling 50% of the bonds issued by the Onorato-lead ferry...
https://ferryshippingnews.com/tension-between-moby-and-the-ad-hoc-group-of-bondholders/
Italy’s transport ministry has just launched two separate tenders for the next cycle of the maritime continuity with the islands. Tender for: The regular link between the Sardinian ports of Arbatax, Olbia and Civitavecchia which will have to be served for five years with two ro-pax ships. Tender...
Due to Covid-19 the turnover decreased during the year with 46.4%. The passenger turnover decreased by 71.8% and passenger volume by 72%. Turnover for the cargo traffic increased with 7.5% and cargo volume increased with 6.6%. The operating result decreased with 133% = €-745,000 (€2,114,000)...
https://ferryshippingnews.com/the-year-was-a-real-challenge-for-wasaline/