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COVID-19 affects Tallink Grupp’s Q1 results

maj 07 2020

FinanceTallink Grupp has released its unaudited financial results for Q1 (1 January-31 March), showing a 13.4% or EUR 23.9 million drop of its consolidated ...

Finnlines releases its 2020 Q1 results, addresses the COVID-19 crisis

maj 07 2020

FinanceFinnlines released its financial result for the first quarter of the year. While revenue decreased to EUR 130.5 million (EUR 137.6 million), EBITDA i...

2019 proved to be a Grand Cru year for Virtu Ferries

maj 07 2020

FinanceVirtu Ferries’ turnover increased by 31% to a new record of EUR 43.4 million. After tax profit followed a more moderate course and increased by 17.7%...

DFDS Q1 results impacted by COVID-19

maj 07 2020

FinanceCovid-19 affected DFDS’s Q1 results, although the effect did not fully become visible until after mid-March. Revenues fell to DKK 3,813 million (DKK ...

© Maritime Photographic

Lower volumes but higher turnover for Brittany Ferries in 2019

maj 06 2020

FinanceConcurrent with its Annual General Meeting, held on 5 May, Brittany Ferries presented its 2019 results. Notwithstanding a drop in both passenger and ...

SIRENA SEAWAYS is back in the Baltic. © DFDS

DFDS re-introduces SIRENA SEAWAYS as LIVERPOOL SEAWAYS is handed over to its French owners

maj 06 2020

FerryFollowing a five-year bareboat charter with Brittany Ferries and drydocking at Remontowa Shiprepair Yard in Gdansk, the SIRENA SEAWAYS has re-joined the...

The newbuild will primarily support PIRET and TÕLL on the 27-minute Virtsu-Kuivastu route. © Uwe Jakob

Green light for TS Laevad newbuild

maj 06 2020

FerryEstonian lifeline ferry operator TS Laevad has officially received the green light to proceed with the tender for a newbuild ferry. The extra capacity i...

With no clear indication when it can resume its Baltic cruise ferry services due to COVID-19, Moby SPL has chartered out PRINCESS ANASTASIA, its sole vessel. © Christian Costa

Moby SPL confirms temporary charter of PRINCESS ANASTASIA as a floating hotel

maj 06 2020

FerryFollowing her prolonged drydocking at Remontowa Shiprepair Yard, Moby SPL’s (St. Peter Line’s) 1986-built ro-pax cruise ferry (SPL) PRINCESS ANASTASIA r...

NORDNORGE is one of 14 Hurtigruten vessels currently laid up due to the COVID-19 crisis. © Christian Costa

No Norwegian government money for Hurtigruten?

maj 06 2020

FinanceNorwegian economic and financial media report that Hurtigruten could be left on its own with its losses and deteriorated financial situation caused b...

© PHO

NOK 700 million cash injection and cost cuts should secure Fjord Line’s future

maj 06 2020

FinanceFjord Line’s operations abruptly came to a near-standstill following the outbreak of COVID-19 in Scandinavia. When the Danish and Norwegian borders w...

© MSC Cruises

MSC Cruises postpones delivery of MSC VIRTUOSA

maj 06 2020

CruiseIt is understood that MSC Cruises has entered into an agreement with Chantiers de l’Atlantique to postpone the delivery of the 183,500gt Meraviglia Plu...

ACCIARELLO was sold to Blu Navy in 2016. © Frank Lose

Blu Navy gets new (unidentified) shareholders

maj 06 2020

FinanceAlthough not officialised, sources close to Italian maritime news website, Ship2Shore, understand that Caronte & Tourist has entered the share ca...

© PHO

Naviera Armas receives a necessary cash injection

maj 05 2020

FinanceAs previously reported, the Naviera Armas Trasmediterránea Group has been facing a liquidity crisis since prior to the COVID-19 crisis, and which has...

Lindblad Expeditions Holdings Q1 results

maj 04 2020

FinanceLindblad Expeditions Holdings reported its Q1 results, which showed tour revenue decreased with 9% to USD 81.2 million and adjusted EBITDA decreased ...

Sixty-eight staff of CIUDAD DE MAHON will be temporarily laid off. © Marc Ottini

Trasmediterránea uses new Coronanavirus legislation to lay off staff temporarily

maj 03 2020

FerryWith the Spanish legislation allowing staff to be made temporarily redundant as a result of the Coronavirus impact and subsequent travel embargos, Trasm...

STENA NORDICA left Rotterdam for Holyhead on 1 May. © Marko Stampehl

STENA ESTRID out of service for up to six weeks – STENA NORDICA takes over

maj 01 2020

FerryAfter only four months in service on Stena Line’s Holyhead-Dublin service, the company’s first E-Flexer newbuilding ro-pax from China, STENA ESTRID, is ...

Kim Clifford © Incat

Quick Q&As - Kim Clifford

maj 01 2020

InterviewThis interview with Kim Clifford, Managing Director at Incat Marketing Pty Ltd, was first published in the May 2020 issue of our monthly magazine S...

Stena AB 2019 financial results

apr 30 2020

FinanceStena AB, with business operations ranging from ferry operations, offshore drilling, shipping, properties and recycling has released its interim repo...

Scandlines’s 2019 financials remained flat

apr 29 2020

FinanceScandlines reported its 2019 financial results which were just slightly weaker than in 2018. Group revenue ended at EUR 475 million (EUR 477 million)...

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

RIGEL VII’s conversion completed

apr 28 2020

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

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