Q1 was challenging but Finnlines managed to navigate through obstacles, such as high interest rates, inflation, geopolitical concerns, and a slowdown in economic growth in Europe. Several political strikes in February and a four-week long strike in March–April resulted that Finnlines earnings...
https://ferryshippingnews.com/finnlines-swiftly-navigates-the-challenges/
April volume numbers are compared to 2023 impacted by most of the Easter holiday period falling in March this year compared to April in 2023. In general, this decreases passenger volumes and increases freight volumes for the month compared to 2023. Ferry – freight: Ferry – passenger…
https://ferryshippingnews.com/dfds-april-freight-growth-across-most-of-network/
Swedish Västtrafik announced that Torghatten AB has won the tender for the Strömstad-Koster route for a contract of 15 years. Torghatten will build two new fully-electric ferries to operate the connection, thereby further expanding its green fleet. This is a fantastic day for us at Torghatten and...
https://ferryshippingnews.com/torghatten-won-the-first-ferry-contract-in-sweden/
Swedish maritime battery system supplier Echandia has received an order from Öresundslinjen for the conversion of ferry Hamlet into full electrical operation. The battery system is scheduled for delivery in the first half of 2025. Operating on the Helsingør – Helsingborg route, Hamlet traverses the...
Q1 2024 OUTLOOK 2024 Torben Carlsen, CEO: Click on cover to read more…
Stena RoRo has signed a conversion contract with China Merchants Jinling (Weihai) Shipyard for the installation of an additional cargo deck, increased thruster capacity and preparations for shore power onboard Stena Foreteller and Stena Forerunner. The cargo capacity will increase by 30% and the...
Trading update Irish Continental Group plc: Financial information 1 January – 30 April 2024 +8.3% Consolidated Group revenue €177.0 million +12% Ferries Division revenues €119.7 million (including intra-division charter income) Carryings for the year to date to 4 May 2024 Source: ICG…
On May 21, Lakeway Link will start a RoRo service between Gdynia and Södertälje, with three weekly departures in each direction. To deploy this service, Lakeway Link has acquired the Lakeway Express. The RoRo vessel is sailing under Swedish flag and will have its home port in Västerås, where...