Transaction Overview Transformation Timeline Strategic Decisions Source and more information: Cargotec…
2024 Newsletter week 48
Brittany Ferries Submits Jersey-Only Ferry Bid, Advocates for Joined-Up Approach
Brittany Ferries, majority shareholder in Condor Ferries, confirmed its bid for the Jersey-only ferry service, asserting its expertise and readiness to serve Jersey for the next 15 years. CEO Christophe Mathieu welcomed the independent assessment process announced by Jersey Ministers and expressed...
Irish Continental Group Reports a Robust Financial Performance
Irish Continental Group reports a robust performance in its Ferries Division, reflecting strong growth in passenger and freight volumes. Revenue figures include surcharges tied to fuel price changes and emission allowances under the EU Emission Trading System (ETS). The acquisition of the OSCAR...
https://ferryshippingnews.com/irish-continental-group-reports-a-robust-financial-performance/
Summary of Gotlandsbolaget Quarterly Report (January–September 2024)
Financial Performance (July–September 2024) Financial Performance (January–September 2024) Key Events (Q3 2024) Key Events Post-Q3 2024 Strategic Focus Challenges and Initiatives Financial Stability For further details, refer to the full report on Gotlandsbolaget’s website.
https://ferryshippingnews.com/summary-of-gotlandsbolaget-quarterly-report-january-september-2024/
Fred. Olsen Express Strengthens Fleet with a New Fast Ferry
Fred. Olsen Express has announced the addition of a new fast ferry, the BARLOVENTO EXPRESS, to its fleet. Key details include: Vessel Specifications: IMO Number: 9237644 Builder: Incat (Hull 058) Year Built: 2003 Previous Names: CIUDAD DE CEUTA (Trasmediterranea), VITTORIO M (Liberty Lines)...
https://ferryshippingnews.com/fred-olsen-express-strengthens-fleet-with-a-new-fast-ferry/
Hurtigruten Sold to Investors
Hurtigruten has been acquired by a consortium of existing investors and has received approximately EUR 110m in new, long-term funding. The new setup provides a solid base for the future growth and continued development of Hurtigruten as Norway’s leading coastal cruise line. Source: Hurtigruten on...
https://ferryshippingnews.com/hurtigruten-sold-to-investors/
EU Approves €853.6 Million Public Service Compensation for Corsica Linea and La Méridionale
The European Commission has confirmed that €853.6 million in public service compensation granted by France to Corsica Linea and La Méridionale complies with EU State aid rules. This financial support covers passenger and freight maritime transport services between Marseille and five Corsican...
Who Will Operate the Tarifa-Tangier Ville Route?
Last week the Tarifa-Tangier Ville route contract became the story of the week. Port Authority of the Bay of Algeciras (APBA) must decide which ferry operator will get the contract to use Berth 3 in the Port of Tarifa. Several operators are tendering: Baleària, FRS Iberia Maroc/DFDS and a new...
https://ferryshippingnews.com/who-will-operate-the-tarifa-tangier-ville-route/
Innovation with Sustainable Microgrid Technology will Strengthen Ports of Stockholm
Ports of Stockholm is launching an innovative project to integrate onshore power supply (OPS) with microgrid technology at the Port of Kapellskär. This initiative, funded by the Swedish Innovation Agency Vinnova, aims to combine solar cell systems, battery energy storage systems (BESS), and an...