Change at the helm of FSG

© Flensburger Schiffbau-Gesellschaft

The dire financial situation of Flensburger Schiffbau-Gesellschaft has resulted in a top management change with Rüdiger Fuchs no longer being the yard’s MD. He bade farewell to the company at a staff meeting today, 31 January.

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Irish Ferries goes into battle with the NTA’s decision concerning cancellation of W.B. YEATS services in 2018

The late delivery of W.B. YEATS has caused trouble to both FSG and Irish Ferries © Irish Ferries

Irish Ferries is about to go into battle with the Republic of Ireland’s National Transport Authority (NTA) after it decided that the ferry operator should pay compensation, under EU regulations, to passengers who had booked travel on cancelled voyages in 2018 on its much delayed new ro-pax W.B. YEATS. In fact the ferry operator is so incensed by the NTA decision that it will appeal the decision in court – even if it has to go to the European Court of Justice!

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EXPRESS 4 on its way to Denmark

The brand-new EXPRESS 4 is heading for the Northern Hemisphere © Austal

Molslinjen’s Auto Express 109m catamaran EXPRESS 4 has been handed over by builders Austal and left the yard’s Henderson yard in Western Australia on 30 January, its first stop being Sri Lanka where it is expected in the late evening of 4 February.

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(UPDATED) Flensburger Schiffbau-Gesellschaft in stormy waters

© FSG

The late delivery of W.B. YEATS has resulted in penalty payments which have affected the financial situation of Flensburger Schiffbau-Gesellschaft. The situation is rather precarious as the shipyard is suffering a liquidity crisis.

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Gozo Channel ferries posted record traffic figures in 2018

Gozo Channel's three double-enders are regularly sailing full to capacity © Marc Ottini

The National Statistics Office of Malta has released the annual traffic figures between the main island of Malta and Gozo.

A total of 5,758,318 passengers have travelled between Cirkewwa (Malta) and Mgarr (Gozo) – an increase of 7% on 2017 and 12.1% on 2016. Car traffic increased at a slightly faster pace of 7.5% to 1,659,902 units – 13% more than in 2016.

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CLdN cancels newbuilding contract at Uljanik shipyard

© Uljanik Group

As widely expected, CLdN has cancelled the order for the first of two 5,500-lanemetre ro-ros ordered at the financially troubled Uljanik shipyard in March 2016 and due for delivery towards the end of last year.

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Brodosplit starts production of polar expedition ship for Quark Expeditions

© Brodosplit

The first steel for Quark Expeditions’ polar expedition cruise ship was cut at Brodosplit on 28 January. The 128m long ship will be built to Polar Class 6 standards and, when delivered in 3Q 2020, will accommodate 200 passengers in 103 cabins.

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Finance

Record 2018 results for Royal Caribbean Cruises

Total revenues reached USD 9.5 billion for the year, compared to USD 8.8 billion in 2017. US GAAP Net Income was USD 1.8 billion or USD 8.56 per share and Adjusted Net Income was USD 1.9 billion or USD 8.86 per share in 2018 versus US GAAP and Adjusted Net Income of USD 1.6 billion or USD 7.53 per share in 2017.

Press Releases

New records for Port of Ystad

Statistics from last year show that Port of Ystad reached new record levels in 2018. Freight throughput increased, as did the number of passengers and cars.

Becker develops new sail technology

Becker Marine Systems, known for its continuous development of environmentally-friendly product solutions for the maritime industry, is now taking another step forward – wind operated vessels!

Wärtsilä's Financial Statements Bulletin January-December 2018

- Order intake increased 12% to EUR 6,307 million (5,644)
- Order book at the end of the period increased 21% to EUR 6,166 million (5,100)
- Net sales increased 5% to EUR 5,174 million (4,911)

Foreship ensures Wasaline ferry is designed for lean, green and flexible performance

Energy efficiency, flexibility and optimised space availability will be built into the new Wasaline ferry that will transform freight and passenger connections between Umeå in Sweden and Vaasa in Finland, according to naval architect and design engineering consultant Foreship.

New board appointment and reelections at British Columbia Ferry Services Inc.

British Columbia Ferry Services Inc. is pleased to announce that David R. Podmore, O.B.C. has been elected to the Board of Directors of British Columbia Ferry Services Inc. effective February 1, 2019.

TTS Wins Hurtigruten Contract

TTS Group ASA has been awarded a contract for sideloading systems for Norway-based expedition cruise operator Hurtigruten. TTS Group has also won a contract for ships equipment to another buyer. Total value of the orders is approximately MNOK 38.

Hurtigruten elevates the guest experience to a new level - introducing the tallest screen at sea

Technology will take the guest experience on Hurtigruten’s world’s-first hybrid powered expedition cruise ship ROALD AMUNDSEN to a new level. Her high-tech centerpiece: The tallest and most spectacular LED screen at sea.

Norwegian Electric Systems selects Corvus Energy storage system for five new Fjord1 ferries

Corvus Energy is pleased to announce that the company has been selected by Norwegian Electric Systems (NES) to supply lithium ion battery-based energy storage systems (ESS) for five new all-electric ferries being built by Havyard for Norwegian ferry operator Fjord1.