Shippax Newsletter– week 43
We have added more of our annual publications to read online, and more older issues will be added. You can find that here https://www.shippax.com/en/publications/online-publications.aspx
We've had the same function for our magazine for some time where subscribing to our monthly magazine, Shippax INFO, gives you access to all issues dating back to January 2018.
Have a great weekend!
Viking Line 2023 Q3 financial results
VIKING GLORY © George Giannakis
Viking Line had sales amounting to EUR 152.9 million (EUR 170.4 million) in Q3, which gave an operating income of EUR 35.3 million (EUR 26.9 million). During the first nine months of the year, 3,818,810 (3,726,104) passengers sailed on the company’s vessels and total cargo volume reached 93,565 cargo units (87,408).
Tallink Grupp 2023 Q3 financial results
BALTIC QUEEN and MYSTAR © Frank Lose
Tallink Grupp published its 2023 Q3 financial results which revealed a turnover of EUR 240.7 million (EUR 255.6 million) and EBITDA EUR 82.1 million (EUR 67.7 million). 1,775,821 passengers were carried (1,893,603). The company had two vessels less operating on the routes in Q3 2023 compared to the previous year and made 16.6% less trips compared to the same period last year as a result (1,709 trips in Q3 2023 vs 2,050 trips in Q3 2022).
Eckerö Line: The number of passengers grew significantly in January-September 2023
FINLANDIA © Frank Lose
Eckerö Line's passenger numbers have increased sharply during the first three quarters of 2023. The company operates the Helsinki-Tallinn route and the total passenger growth increased by 16 percent and the number of passengers thus exceeded 1.6 million. It will be correspondingly reflected in the financial result. Especially pleasing for Eckerö Line is that FINLANDIA has cumulatively carried the most passengers this year of all ships on the Helsinki-Tallinn route.
Royal Caribbean Group Q3 results
Royal Caribbean Group reported its third quarter results. Total revenues were USD 4.2 billion (USD 3.0 billion), Net Income was USD 1.0 billion (USD 33.0 million), and adjusted EBITDA was USD 1.7 billion (USD 742.3 million).
Bookings remained strong throughout the third quarter, significantly exceeding 2019 levels.
Brittany Ferries summer traffic figures released
SALAMANCA © Brittany Ferries
Brittany Ferries published its passenger and freight traffic results for the period June to September 2023. Total number of passengers transported reached 1,090,254, up from 1,046,761 in 2022, but down from 1,259,587 in 2019.
Airbus selects Louis Dreyfus Armateurs for new low-emission transatlantic vessels
Louis Dreyfus Armateurs (LDA) has been selected by Airbus to renew its entire fleet of chartered vessels that transport aircraft subassemblies between production facilities in Europe and the United States with three new 170-metre ro-ro vessels, supported by wind-assisted rotor sails and powered by dual-fuel engines capable of running on maritime diesel oil and e-methanol.
Wallenius Wilhelmsen firms up order for four 9,300 CEU methanol-capable and ammonia-ready PCTC’s
Wallenius Wilhelmsen announced that the previous LOI for four (+8 options) 9,300 CEU methanol-capable and ammonia-ready PCTC’s has been firmed up with China Merchants Jinling Shipyard.
The contract for these Deltamarin-designed Shaper Class vessels was signed 24 October, with the four vessels to be delivered from mid-2026 and onwards.
Several European ferry operators suffered a coordinated cyber attack
VIKING GRACE © Richard Seville
On Thursday 19 October, several European ferry operators suffered a coordinated DDOS cyber attack, which brought many websites and online bookings down.
One of the affected companies was Viking Line. According to them, their websites and booking systems were not up and running again until the day after at 11.30.
The importance of having a well thought out IT security strategy and systems becomes more and more critical, especially in times of conflicts. For this reason, we have invited Anne-Marie Eklund Löwinder as one of our speakers at the 2024 Shippax Ferry Conference. Anne-Marie is one of Sweden’s leading experts on information and IT security. https://www.shippaxferryconference.com/en/conference-2024/speakers-2024.aspx
TT-Line’s MARCO POLO ran aground
MARCO POLO © Frank Lose
In the morning of 22 October at 03.25 Swedish time, TT-Line’s MARCO POLO ran aground some 5 nm SW of its destination port, Karlshamn, Sweden, with 41 passengers and 30 crew members. MARCO POLO suffered a hull breach following the grounding and so far more than 14,000 litres of oil has been collected along the coast. All passengers were safely evacuated.
As of 27 October, MARCO POLO is still grounded. Two crew members have been detained and charged with negligence in maritime traffic.
BEMAC Corporation in partnership with Mitsui & Co to acquire 100% of The Switch group
BEMAC Corporation announced that it has agreed to acquire shares in The Switch Engineering Oy and its group companies, a manufacturer of permanent magnet machines (PMM), DC distribution solutions (DC-Hub), high-power AC drives (single drives) and high-speed induction motors, in partnership with Mitsui & Co., Ltd.
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