Irish Ferries Reports Solid 2024 Performance Irish Continental Group has reported a good year in 2024, with growth across its key financial and operational metrics. The company achieved revenue of €603.8 million, marking a 5.6% increase from 2023, while EBITDA rose 0.7% to €133.5 million. Operating...
2025 Newsletter week 10
Baleària Strengthens Its Fleet with €300M Investment Amid Expansion and Sustainability Goals
Baleària has reported solid financial results for 2024, with an EBITDA of €130 million, marking an 11% increase from the previous year. This growth was driven by a 6% rise in revenue, reaching €691 million, reinforcing the company’s financial stability. However, net profit fell 36% to €25 million,...
SHIPS
This Is How Axferries’ Renewed and Partially Electrified Ships Will Look Like The new operator of the Ålandstrafiken ferry network, Axferries—a joint venture between the Åland government and Finferries—has unveiled its new livery. Background: The formation of Axferries was prompted by the...
Delcomar Only Bidder for the Short Sea Shipping Routes in Sardinia
The Franco Del Giudice-controlled ferry company Delcomar has emerged as the sole bidder for the tenders launched to award subsidised maritime continuity services to the smaller islands in Sardinia. The latest public procedure launched by the regional government, valued at a total of EUR 188.8...
https://ferryshippingnews.com/delcomar-only-bidder-for-the-short-sea-shipping-routes-in-sardinia/
Tallink Grupp February 2025 Statistics
In February 2025 AS Tallink Grupp transported -4.5% pax or 347,651 passengers -32.1% cargo units or 18,107 units -7.4% passenger vehicles or 44,431 units Remark: Compared to 29 calendar days in February 2024 there were 28 calendar days in February 2025.
https://ferryshippingnews.com/tallink-grupp-february-2025-statistics/
ANEK LINES’ KRITI II Sold for Scrap
It has been reported that ANEK LINES’ KRITI II has been sold for scrap for $3.6 million USD. According to ATTICA GROUP, the profit from this transaction was €0.2 million. The large RoPax vessel was laid up in Elefsis Bay on 2 November 2024. Originally built in Japan in 1979, KRITI II was purchased...
https://ferryshippingnews.com/anek-lines-kriti-ii-sold-for-scrap/
RoRo Terminal Venice Ro-Port Mos Put Up for Sale in Italy
As part of the financial restructuring procedure of the Mantovani Group, the Court of Padua has put up for sale 97% of the RoRo terminal Venice Ro-Port Mos SCPA, based in Fusina (Venice). The indicative enterprise value is set at EUR 46.1 million. Expressions of interest, including the offered...
https://ferryshippingnews.com/roro-terminal-venice-ro-port-mos-put-up-for-sale-in-italy/
Wasaline Achieves Record-Breaking February Performance
Wasaline has reported its best February ever, setting new records in both passenger numbers and freight transport. The northernmost shipping line saw 16,415 passengers travel between Vaasa (Finland) and Umeå (Sweden), a 14.6% increase compared to last year. Freight volumes also reached an all-time...
https://ferryshippingnews.com/wasaline-achieves-record-breaking-february-performance/
Saronic Ferries’ YABUSA Arrives in Greece from China
On 4 March 2025, the latest addition to Saronic Ferries fleet, YABUSA (ex-HAYABUSA NO.3), arrived in Greece after a 66-day voyage from China. The vessel departed from the Port of Shanghai on 29 December 2024 and docked at Neos Molos Drapetsonas, where she will undergo final conversion into a...
https://ferryshippingnews.com/saronic-ferries-yabusa-arrives-in-greece-from-china/