Baleària 2023 financial results

RUSADIR © Baleària

Baleària carried 5.2 million passengers (4.77 million), 1.4 million vehicles (1.21 million) and 7.4 million lane metres of cargo (7.04 million) in the 2023 financial year. Turnover reached a record of EUR 652 million (up 15% on the previous year) and EBITDA stood at EUR 117 million (-16%). The results for the financial year amounted to EUR 40 million.

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Finnlines 2023 financial results

© Finnlines

Tom Pippingsköld, President and CEO, in conjunction with the review, “The Finnlines Group’s revenue in January–December 2023 amounted to EUR 680.7 (736.1 in 2022) million, a decrease of 8 per cent compared to the corresponding period in 2022. The result for the reporting period was EUR 60.3 (133.3) million. Earnings before interest, taxes, depreciation and amortisation, EBITDA, amounted to EUR 166.3 (221.2) million.

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Torghatten Nord signs a contract with Western Baltija Shipbuilding for an all-electrically operated ferry

© Norwegian Ship Design Company (NSDC)

Torghatten Nord signed a contract with Klaipeda-based Western Baltija Shipbuilding to build an all-electrically operated ferry based on a design by the Norwegian Ship Design Company. The vessel will measure 73.3 metres in length, have a 14.3 metre width and will accommodate 50 vehicles and 199 passengers.

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Corvus Energy – first marine ESS Supplier to enable data-driven State of Health Test (SOH)

Corvus Energy announced that the company has developed a DNV-accepted method for data-driven SOH testing. Corvus Energy is the first marine ESS supplier to provide this to their customers.

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Tallink Grupp makes changes in company Management Board

Elise Nassar

The Supervisory Board of Tallink Grupp has this morning approved changes to AS Tallink Grupp’s Management Board, accepting the resignation from the Management Board from Mrs Kadri Land, and appointing Ms Elise Nassar to the Management Board as a new member. Elise Nassar joined Tallink Grupp in February 2018 as a Data Protection Officer, but already a year later, in 2019 she was appointed to head the group's internal audit department and since the summer of 2022, 

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Irish Ferries expands partnership with Nowhere Networks - doubling the number of Irish Ferries routes offering high speed internet

Irish Ferries has since it became customer in 2021 used Nowhere Networks internet solution on two routes, Dublin-Holyhead and Dover-Calais. The ferry operator now chooses to implement high speed internet access on two more routes, Dublin-Cherbourg and Rosslare-Pembroke. As part of the expansion, its ferry W.B. YEATS will be equipped with the solution, increasing the number of ships in its fleet with high speed internet to six. The solution is expected to be operational in May this year.

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Fred. Olsen strengthens its fleet with two new ro-ro ships

BENTAYGA will be the name of one of the ships

Fred. Olsen incorporates two new ro-ro ships to strengthen its fleet, the first of which is expected to be operational at the beginning of May between Gran Canaria and the eastern islands. The two unnamed scrubber equipped ships are believed to be the FINNHAWK and FINNKRAFT, both bought from the Grimaldi Group.

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GNV adds the former SHARDEN and MOBY VINCI to its fleet

GNV (MSC Group) announced the addition of two new ro-paxes to its fleet, the former SHARDEN and MOBY VINCI. Renamed GNV SIRIO and GNV AURIGA, they will now become part of GNV’s fleet, which spans 28 ships and serves 31 lines in seven countries. The two ships, having completed the necessary maintenance, outfitting and updating of the livery with GNV colours, will begin operating in the next few weeks on the company's Italian routes. GNV SIRIO will operate on the Genoa-Palermo-Genoa line from 20 March, while GNV AURIGA will be operational from 28 March on the Genoa-Porto Torres-Genoa line.

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AS Tallink Grupp Statistics for February 2024

In February 2024 AS Tallink Grupp transported 364,003 passengers, which is a 2.3% increase compared to February 2023. The number of cargo units remained on the same level as in February 2023 and was 26,672 units. The number of passenger vehicles decreased by 4.5% to 47,997 units in the same comparison.

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Green methanol on track to become a scalable zero emission fuel in the maritime sector

MAGNOLIA SEAWAYS © Marc Ottini

A consortium has been awarded funding to explore a ‘Green Shipping Corridor’ between Northern Ireland and the Northwest of England. The project will assess green methanol synthesised at the port of Larne to power a freight ferry that demonstrates a circular CO2 economy and ‘true zero’ emissions. 

Together with fellow partners DFDS Seaways, DFDS Logistics, JG Maritime Solutions, Larne Harbour and Mutual Energy, the project has been successful in securing funding as part of the Clean Maritime Demonstration Competition Round 4 (CMDC4), funded by the UK Department for Transport (DfT) and delivered by Innovate UK. CMDC4 is part of the Department’s UK Shipping Office for Reducing Emissions (UK SHORE) programme, a GBP 206m initiative focused on developing the technology necessary to decarbonise the UK domestic maritime sector.

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First-ever fixed suction sails for ro-ro segment as bound4blue completes eSAILs® installation on VILLE DE BORDEAUX

VILLE DE BORDEAUX © bound4blue

The VILLE DE BORDEAUX has emerged from a short stopover in a shipyard in Vigo, Spain with its three brand-new, 22-metre-high eSAILs® in place. VILLE DE BORDEAUX is on charter to Airbus from French shipowner Louis Dreyfus Armateurs (LDA) and used to transport A320 Family components from Europe for final assembly at the aircraft manufacturer’s US factory in Mobile, Alabama. 

Each eSAIL® is claimed to generate six to seven times more lift than a conventional sail thanks to an electric-powered air suction system that helps the airflow to re-adhere to the sail. All this force allows for the reduction of the load on the ship’s main engines.

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