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Shippax Newsletter– week 47

Few news this week so far, but more should be published the coming days.

We are now finishing the last issue of the magazine for this year, to be released online next Friday.
Designs 23 is also getting completed and will be sent to our subscribers before Christmas. Designs 23 will present all newbuilt or converted ferries, cruise liners and ro-ro vessels delivered between 1 January 2022 - 30 June 2023. Theme ship is Finnlines new magnificent FINNSIRIUS.


Irish Continental Group year-to-date trading update

OSCAR WILDE © George Holland

OSCAR WILDE © George Holland

Irish Continental Group issued its year-to-date trading update for the period 1 Jan-18 Nov and financial information for the first 10 months of 2023. Compared to the same period last year, the number of cars transported increased with 12.2%, ro-ro freight 3.9%. Consolidated Group revenue ended at EUR 491.4 million (-1.8%).

READ THE FULL STORY




Rederiaktiebolaget Eckerö is a company with a participating interest undertaking in the Viking Line Group

As of 22 November, 2023, Viking Line Abp’s shareholding in Rederiaktiebolaget Eckerö exceeds 20%. Viking Line Abp’s Board of Directors decided that Rederiaktiebolaget Eckerö will be accounted for as a company with a participating interest undertaking using the equity method in the Viking Line Group’s financial accounts. A positive initial income effect of EUR 2.5 million will arise in the transition to accounting using the equity method. This effect will be recognized in the consolidated income statement during the fourth quarter of 2023.

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Gotlandsbolaget interim report January-September 2023

GOTLAND HYDROCAT and HORIZON © Gotlandsbolaget

GOTLAND HYDROCAT and HORIZON © Gotlandsbolaget

Revenues amounted to SEK 1,895.5 million (SEK 2,395.3 million). The costs amounted to SEK -1,711.4 million (SEK -2,363.0 million). Revenues and costs during the period are lower than the previous year, mainly as a result of items relating to Stockholms Reparationsvarv and Hansa Destinations, as well as for ships sold during the second half of 2022 and the first half of 2023. Adjusted operating profit amounted to SEK 222.9 million (SEK 32.6 million).

READ THE FULL STORY



Seizure of the GALAXY LEADER PCTC chartered by NYK

On the evening of November 19 in Tokyo (early afternoon local time), NYK was informed by Galaxy Maritime Ltd., which is based in the U.K., that an NYK-chartered PCTC named GALAXY LEADER had been seized by Houthi rebels near Hodeida, Yemen, while sailing for India. No cargo was on the vessel.

At 8:30 a.m. on 21 November, NYK organized a crisis management center at its head office to gather information and manage this incident. As the vessel’s charterer, we are prioritizing the safety of the 25 crew members.

READ THE FULL STORY


High-speed catamaran MISS OUTRE-MER delivered to CTM Deher in Guadeloupe

MISS OUTRE MER © Incat Crowther

MISS OUTRE MER © Incat Crowther

A new 36-metre custom built passenger ferry has been delivered to Guadeloupe-based operator CTM Deher from the Kim Seah Shipyard in Indonesia. The new ferry, named MISS OUTRE-MER, was designed using Incat Crowther's digital shipbuilding process.

The new 316-seat passenger ferry has been designed to safely and efficiently service CTM Deher’s passenger and tourism routes in the French West Indies and is expected to begin operating in late 2023.

Capable of reaching speeds of up to 28 knots, MISS OUTRE-MER is powered by twin MTU 12V4000 main engines and will have a service speed of 25 knots. 

READ THE FULL STORY



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