Viking Line H1 results

GABRIELLA and VIKING GRACE © Jukka Huotari

Sales amounted to EUR 199.8 million (EUR 71.5 million), while operating income totalled EUR -8.0 million (EUR 4.5 million). 

The total number of passengers on the Group’s vessels during the report period was 1,875,706 (538,348).

The Group’s cargo volume was 59,522 cargo units (65,214)

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Irish Continental Group’s H1 results

W.B. YEATS © George Giannakis

Revenue for the half year increased by 85.8% to EUR 263.1 million (EUR 141.6 million). In the Ferries division revenue* increased by 166.9% to EUR 167.9 million (EUR 62.9 million). EBITDA for the half year increased by 272.4% to EUR 47.3 million (EUR 12.7 million). EBITDA in the Ferries division increased to EUR 29.8 million (EUR (0.6) million).

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Storylines signs contract to build residence cruise vessel at Brodosplit

© Storylines

Tampa, Florida-based Storylines has become the second residence-based cruise line to put pen to paper to contract a newbuilding residence cruise vessel. The 62,000gt vessel, with 547 residences, will be built by Croatia’s Brodosplit shipyard, for delivery in 2025.

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Former Stena Line ro-ro STENA FREIGHTER sold for scrap after plans to convert the vessel into a space rocket recovery vessel fail

JACKLYN in place in Brownsville for its final rest © Port of Brownsville

The 2004-built, 2,715 lanemetre capacity ro-ro JACKLYN, owned by Jeff Bezos’ space company Blue Origin, has been sold for scrap following the failure of the vessels planned conversion into a space rocket recovery vessel. The vessel started life as Stena Line’s STENA FREIGHTER.

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Celebrity Cruises celebrates construction milestone on CELEBRITY ASCENT

© Celebrity Cruises

Sparks flew as workers at the Chantiers de l’Atlantique shipyard welded a ceremonial coin to a massive steel docking block forming the ship’s keel, officially marking the beginning of construction on the fourth ship in Celebrity Cruises® transformational Edge Series - CELEBRITY ASCENT.

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Float out of ARVIA at MEYER WERFT

© Meyer Werft

On Saturday, 27 August, the new cruise ship ARVIA for the British cruise line P&O Cruises will leave MEYER WERFT's covered building dock II (Hall 6). The float out maneuver begins in the morning at around 9:00 am. The newbuilding will then moor at the out-fitting pier in the shipyard harbor, where the masts and funnel will be lifted onto the ship by crane.

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Second electric ferry for SFK christened

© Frank Behling

After the previous deliveries of three hybrid ferries and one fully electric ferry, Schlepp- und Fährgesellschaft Kiel christened their second electric ferry WELLINGDORF on 22 August. The christening ceremony took place in Kiel, where the ferry will be put in operation.

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Flensburger Schiffbau-Gesellschaft (FSG) and Oceanex sign MoU for a climate-neutral and efficient ConRo vessel

In 2013, Flensburger delivered the 1,666 lanem and 933 TEU capacity OCEANEX CONNAIGRA to Oceanex © Frank Behling

The transportation and shipbuilding industry gained attention during the high-ranking German delegation trip to Canada, in which FSG Managing Director Philipp Maracke participated at the invitation of German Chancellor Olaf Scholz. The head of the shipyard Flensburger Schiffbau-Gesellschaft together with Sid Hynes, Executive Chairman of Executive Chairman of Newfoundland based Oceanex Inc, signed a Memorandum of Understanding (MoU). Its goal: the innovative design of a climate-neutral and highly efficient ConRo vessel, critical to future vessel replacement planning at Oceanex.

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Best month ever for the Port of Hirtshals

© Port of Hirtshals

The curve is broken and is now moving in the right direction for the Port of Hirtshals as the numbers of passengers and cars passing through the port hit record highs in July 2022. More than 190,000 cars and around 630,000 passengers used the port which is considerable progress. This suggests that the pent-up desire to travel from the last couple of years has finally been released, the director of the port, Per Holm Nørgaard, explains.

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New integration optimizes Wasaline's freight booking process

AURORA BOTNIA © Wasaline

Wasaline’s freight capacity increased significantly in August 2021 as the new ro-pax ferry AURORA BOTNIA started in regular traffic between Vaasa, Finland and Umeå, Sweden. With more departures and greater freight capacity, the need for fast and smooth data flows between transport systems and ferry operating systems has also increased.

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Höegh Autoliners exercises option to purchase HÖEGH TRACER

HÖEGH TRACER is a sister to HÖEGH TROTTER © Owen Foley

Höegh Autoliners through its subsidiary Höegh Autoliners Shipping AS, declared an option pursuant to a certain bareboat charter party to purchase the vessel HÖEGH TRACER for a purchase price of USD 53,200,000 from Ocean Yield. The average market value of the vessel estimated by three different brokers was USD 82 million by the end of Q2 and different financing options for the vessel are being evaluated.

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Freight volumes continue to increase in the Port of Gothenburg

© Gothenburg Port Authority

The Port of Gothenburg is growing in terms of volumes and enhancing its position as the guarantor of Swedish industry’s access to the world at large – this is reflected in the Port’s reported volumes for the first half of 2022. And despite warnings of an imminent recession, Elvir Dzanic, CEO of the Gothenburg Port Authority, believes there will be continued growth for the industrial sector into next year.

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Wärtsilä to digitalise Associated British Ports’ maritime operations

The Port of Southampton © Associated British Ports

Wärtsilä Voyage, part of the technology group Wärtsilä, has signed a prestigious contract for a five-year framework agreement with Associated British Ports (ABP), the UK’s leading ports group, to digitalise operations at its 21 ports. The project aims to accelerate the digital transformation of port calls and operations, making them as efficient, sustainable and safe as possible. The Wärtsilä Voyage technologies chosen for the project; Navi-Port, Navi-Harbour Vessel Traffic Services, and Port Management Information System (PMIS) will help ABP employees meet their targets, complement the company’s safety culture during port operations and optimise vessel planning and movements, which can have a positive impact on local, national and global supply chains.

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Thordon bearings installed on DALEELA

Thordon Bearings’ Egyptian distributor and integrated services provider Nefertiti Marine has successfully commissioned the water lubricated Thordon SXL propeller shaft bearings installed aboard the 24,112gt ferry DALEELA.

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Virgin Voyages Announces $550 Million in New Funding to Fuel Strategic Growth

VALIANT LADY was the second Virgin cruise ship to be delivered © Frank Jensen

Virgin Voyages announced it has closed on $550 million in new capital raise to support its growth. The funding was led by funds and accounts managed by BlackRock and includes new external financing and additional capital from existing investors including Bain Capital Private Equity and Virgin Group. Virgin Voyages has also received additional, continued support from its existing lenders. The new funding will enable Virgin Voyages to continue the execution of its growth strategy and further strengthen its financial position as cruise demand continues to gain momentum.

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Industry-first digital climate twin to enable greener ferries owned by Scandlines

Illustration of the newbuild © Scandlines

The steel is currently being cut at Cemre Shipyard for the zero-emission vessel contracted by Scandlines for the Puttgarden-Rødby route. Over the following months, ReFlow will build a detailed life-cycle model representing the vessel from its construction to its end of life many years from now. The model will show the environmental impact of the ferry, not only in its use but also from its construction at Cemre Shipyard along with the installed equipment. The digital “climate twin” will make it possible for Scandlines to run simulations on the use of new green technology on the ferry something that is nearly impossible today.

Data for zero direct emission Scandlines freight ferry for the Puttgarden-Rødby route:
Length: 147.4 m
Breadth: 25.4 m
Design draft: 5.30 m
Freight capacity: 66 freight units (abt. 1,200 lane meters)
Max. number of passengers: 140
Service speed: 10 - 16 knots
Battery system: 10 MWh
Charging time in port (Rødby): 17 minutes

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Stena Line appoints Christina Bromander as new Trade Director for the Denmark region

Stena Line's Denmark operations have received a new manager – Christina Bromander has been appointed Trade Director and will take over responsibility for the shipping company's two Danish lines, Gothenburg-Fredrikshamn and Halmstad-Grenå.

Stena Line reports 11% reduction of carbon emissions

Stena Line has decreased the carbon emissions by 11% per tonne of cargo carried over each nautical mile, as well as achieving a reduction of 4% total ship emissions compared to pre-Covid operations. The main contributor to the result is the significantly higher utilisation and thus efficiency of the company´s fleet with cargo during the latest years. In its roadmap to a net-zero future, Stena Line has set up a target to reduce total CO2 emissions from its vessels by 30% by 2030.

Emissions from Viking Line’s vessels have decreased by a third in 15 years – the company’s focused environmental work began as far back as the 1980s

Over the past 15 years, Viking Line has succeeded in reducing carbon dioxide emissions from its vessels by nearly a third. Environmental investments have been made in the Baltic Sea’s most climate-smart vessels and in the technology on board every vessel. VIKING GLORY and VIKING GRACE are already equipped to start running on green fuels, which will enable truly carbon-neutral service in the future.