RIGEL VII’s conversion completed

RIGEL VII left Piraeus for Durrës on 28 April. © George Giannakis

Following its conversion at Kynousoura and Perama, Ventouris Ferries’ RIGEL VII is ready to be introduced on the company’s Durrës, Albania-Bari, Italy route.

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3. Maj shipyard started construction of SCENIC ECLIPSE II

SCENIC ECLIPSE II © Scenic Group

The Croatian 3. Maj shipyard has started with the construction of SCENIC ECLIPSE II, a sister to the 2019-built SCENIC ECLIPSE.

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THJELVAR ready to leave Landskrona as GOTLAND

THJELVAR has been renamed GOTLAND. © Göran Olsson

Rederi AB Gotland’s LNG-powered THJELVAR, which arrived in early February at Oresund DryDocks in Landskrona for final adjustments, is ready for the final leg of her positioning trip to Gotland.

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DFDS optimizes fleet capacity in Northern Baltic

To allow for overnight sailings to be offered in both directions, SAILOR will join OPTIMA SEAWAYS on the Kapellskär-Paldiski route. © Marko Stampehl

Due to changed market conditions caused by the COVID-19 pandemic, DFDS is adapting capacity to demand on its Northern Baltic corridors. As Sweden has adopted a different regime to contain the pandemic, the schedule on the Kapellskär-Paldiski route has been improved with the number of sailings on the Paldiski-Hanko route reduced following a freight shipment agreement with Eckerö Line.

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Helsinki Shipyard starts production of expedition cruise ship for Vodohod

© Helsinki Shipyard

Following the first steel cut, Helsinki Shipyard has officially started with the production of the first of two expedition cruise ships for Russian Vodohod.

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Meyer Turku suffering heavily from COVID-19, taking drastic action

© Meyer Turku

Meyer Turku started negations about temporary layoffs in mid-March, but due to the escalation of the COVID-19 crisis, further actions are being taken that will lead to 450 people being permanently laid off and another 900 affected by other measures.

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UK government unveils GBP 27.5 million support package for vital ferry services

The UK government will spend GBP 10.5 million for lifeline ferry services linking the mainland with the Isle of Wight and the Isles of Scilly. © Maritime Photographic

Today, 24 April, the UK government announced a support package for ‘essential freight links’ totalling GBP 27.5 million – GBP 17 million for routes between Great Britain and Northern Ireland and a further GBP 10.5 million for lifeline ferry services linking the mainland with the Isles of Scilly and the Isle of Wight.

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FSG has filed for insolvency

The trade union IG Metall has meanwhile expressed its hope that the yard would concentrate on its core business, i.e. series production of short-sea ro-ros.© FSG

As expected, Flensburger Schiffbau-Gesellschaft (FSG) has filed for insolvency this morning (24 April). According to Northern German broadcasting service NDR and several Northern German newspapers, this was confirmed by the district court of Flensburg.

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Keel laid for sixth E-Flexer

SALAMANCA will be the first of two LNG-powered E-Flexers for Brittany Ferries service. © CMI Jinling Weihai Shipyard

Production of Stena’s E-Flexer series continues apace with the keel for the sixth E-Flexer, to become SALAMANCA, having been laid by CMI Jinling Weihai Shipyard on 23 April.

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Financials

Stena AB 2019 financial results

Ferry Operations

- Revenue increased from SEK 13,849 million in 2018 to SEK 14,286 million in 2019.

- EBITDA ended at SEK 3,482 million, compared to SEK 3,007 million in 2018

Roll-on/Roll-off vessels

- Revenue from the company’s ro-ro activities reached SEK 433 million for the period (SEK 518 million)

- EBITDA ended at SEK 291 million in 2019, compared to SEK 321 million in 2018.

Scandlines’s 2019 financials remained flat

Scandlines reported its 2019 financial results which were just slightly weaker than in 2018. Group revenue ended at EUR 475 million (EUR 477 million), of which the ferry routes represented close to EUR 352 million (EUR 352 million) and the BorderShops EUR 124 million (EUR 125 million). Group EBITDA ended at EUR 188 million (EUR 191 million).

ANEK Lines grew its business in 2019

ANEK Lines released its financial results for 2019, showing that the group turnover increased to EUR 173.9 million (EUR 168.2 million), while group EBITDA ended at EUR 25.6 million (EUR 14.6 million).

Getlink First quarter 2020: anticipated reduction in revenue due to COVID-19 impact

Q1 revenue was €233 million, down -9% compared to the same period in 2019[1] and on a like-for-like basis
-Eurotunnel
Shuttle revenue was €133.6 million, down -9% due to restrictions on travel
Railway network revenue down -8% to €66.6 million, particularly due to travel restrictions by the Belgian, French and UK authorities to counter the COVID-19 pandemic and as a result of the SNCF strike against pension reform in January
-Europorte: revenue down -5% to €30.7 million, mostly due to the SNCF strike in January

Press Releases

These press release news are published “as is”, i.e. this is how we get it from the senders. If you want to have your relevant news published, please send it to news@shippax.se

Femern A/S initiates construction phase for the Fehmarnbelt tunnel

Femern A/S is activating the main construction contracts with Femern Link Contractors (FLC) with effect from 1 January 2021. This means that construction of the large scale tunnel element factory at Rødbyhavn can get underway.

Finnlines state of the art zero emission Green 5th Generation vessels supervision contract awarded to SeaQuest

SeaQuest Marine Project Management has been entrusted with the prestigious construction supervision job for three Green 5th Generation zero emission NB Ro-Ro vessels for Finnlines at China Merchants Group’s Nanjing Jinling Shipyard.