Shippax Newsletter– week 44
Höegh Autoliners and Yara Clean Ammonia agreement for future ammonia supply
9,100 CEU capacity Höegh Aurora class
Yara Clean Ammonia, the world’s largest ammonia distributor and Höegh Autoliners, have agreed on a future supply deal for clean ammonia for the new Aurora Class PCTC vessels.
Höegh Autoliners and Yara are both members of the First Movers Coalition, a World Economic Forum-backed initiative focused on reducing emissions in the ‘hard-to-abate’ sectors.
NEOM invests in Regent Series A to expedite electric seaglider development
Saudi Arabia's NEOM announced it, through the NEOM Investment Fund (NIF), has closed an investment into Regent, the US-based electric seaglider manufacturer. The investment positions NEOM as the largest single contributor in Regent’s Series A round, enabling the company to take its technology to the next stage. NEOM’s investment is part of a multi-year partnership with Regent to establish innovative seaglider passenger operations in the region.
C-Job Naval Architects becomes strategic partner of MEYER Group
C-Job Naval Architects and MEYER Group announced the two companies have entered into a strategic partnership. The agreement between the companies includes MEYER Group to acquire a 50 percent stake in C-Job Naval Architects. The move solidifies MEYER’s focus on sustainable solutions and allows them to diversify their portfolio.
VIKING CINDERELLA reflagged under Finnish flag
VIKING CINDERELLA © Jukka Huotari
In March 2024, Viking Line will take its vessel VIKING CINDERELLA out of cruise service between Stockholm and Mariehamn so that it can instead be launched in service on the company’s Helsinki-Mariehamn-Stockholm route. In conjunction, the vessel will be reflagged under a Finnish flag.
DIF Capital Partners and EDF Invest to acquire Fjord1 from Vision Ridge Partners and Havila Holding
LOTE and SULAFJORD © Fjord1
DIF Capital Partners (via its DIF Infrastructure VII fund), and EDF Invest (the investment arm of the EDF Group in real assets) have entered into a definitive agreement to acquire Fjord1, the largest owner and operator of ferries in Norway.
The company will be acquired from Vision Ridge Partners, a global sustainable real assets investor, and Havila Holding, an investment company owned by the Sævik family in Norway. Vision Ridge and Havila Holding have been investors in Fjord1 since 2019 and 2011, respectively. Terms of the transaction were not disclosed.
Höegh Autoliners sells HÖEGH BANGKOK and buys HÖEGH JACKSONVILLE
HÖEGH JACKSONVILLE © Höegh Autoliners
Höegh Autoliners ASA, has reached an agreement for the sale of the vessel HÖEGH BANGKOK for a price of USD 63 million. They also declared an option to purchase the vessel HÖEGH JACKSONVILLE from Ocean Yield for a purchase price of USD 43.22 million.
Launch and christening ceremony of SPIRIT OF TASMANIA IV held at the Rauma shipyard
Rauma shipyard celebrated the launch and christening of SPIRIT OF TASMANIA IV, a vessel Rauma Marine Constructions is building for the Tasmanian TT-Line Company. The ship is the first of two identical car and passenger ferries that will replace similarly Finnish-built sister ships.
The new vessels will operate on an extremely challenging route across the Bass Strait between Geelong, Victoria, and Devonport, Tasmania. The ferries have been specially designed to undertake this specific route.
Length: 212 m
Width: 31 m
Draught: 7 m
Gross tonnage: 48,000
Speed: 26 knots (48 km/h)
Lane metres: 3,700 m
Passengers: 1 800
Cabins: 301
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