2019年11月30日

Shippax News Bulletin – 48

- In association with Interferry

Dear Subscriber,

Please find herewith the headlines of the news added to the Shippax website during week 48.

Have a nice weekend!

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The offer is valid between 25-29 November, 2019, with the latest issues only valid for new subscriptions.

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DFDS enters into space charter agreements with CLdN – 6,695-lanemetre behemoth to replace three ships on the Gothenburg-Zeebrugge service

DFDS has entered into two mutual space charter agreements with CLdN on the Gothenburg-Zeebrugge route. The space charter agreements, expected to start at the beginning of 2020, entail that capacity is shred between route operators, while all commercial activities remain entirely under the control of each operator.

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Barreras cancels Havila Kystruten order

Hijos de J. Barreras has cancelled its newbuilding contract with Havila Kystruten for the construction of two coastal express ships for operation on the Bergen-Kirkenes-Bergen service.

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Irish Sea spell for STENA FORETELLER

As DFDS is phasing in its 6,695-lanemetre newbuilds from Jinling, a ro-ro tonnage reshuffle on the North Sea is in the making, whereby DFDS will gradually dispose of charter tonnage, further creating overcapacity in the short-sea ro-ro market.

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Finnish Post strike solved – ferry traffic to resume back to normal soon

The strike of the employees in the postal service of Finland (‘Posti’), which had lasted for two weeks, has ended after the parties involved accepted the conciliator`s settlement proposal.

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China Shipbuilding Corporation celebrates CSSC-CSIC merger with first steel cutting for COSCO ro-pax

Concurrent with the official 26 November launch of China Shipbuilding Corporation – a merger of shipbuilding giants China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC) – the world’s biggest shipbuilding conglomerate cut the steel for the first 43,000gt ro-pax ferry in a series of two Guangzhou Shipyard International (GSI) will build for COSCO Shipping Ferry Co., Ltd.

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Armas-Trasmediterránea sells CIUDAD DE CÁDIZ

Trasmediterránea has announced the sale of the recently renamed CIUDAD DE CÁDIZ to Grimaldi Lines. The CIUDAD DE CÁDIZ is a Visentini-built ro-pax, with a capacity for just under 1,000 passengers and some 2,247 lanemetres for freight plus 190 cars.

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Damen Shipyards to build handy-size ro-pax for Timor-Leste Government

To guarantee a safe and reliable operation, the Government of Timor-Leste, with the aid of the German Government, will invest in a new handy-size ro-pax ferry of the Damen RoPax Ferry 6716 type.

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Construction of GLOBAL DREAM enters new phase

Construction of GLOBAL DREAM, the world’s largest cruise ship by passenger capacity, has entered a new phase following the arrival of a 216m long, 46m wide and 57m centre section at Wismar. The giant section, consisting of 145 blocks, was built at the yard’s Warnemünde facility.

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Financials

Stena AB financial results for the 1 January-30 September 2019 period

Ferry Operations

- Revenue increased from SEK 10,769 million for the period in 2018 to SEK 11,128 million for the same period in 2019.

- EBITDA increased to SEK 2,958 million (SEK 2,490 million for the same period in 2018) thanks to continued increased volumes for cars (+1%), with freight and passenger numbers corresponding with last year. The acquisition of STENA SCANDINAVICA in December 2018 also increased EBITDA by SEK 72 million by moving costs from charter costs to depreciations. Implementation of the new lease standard, IFRS 16, affected positively with SEK 275 million.

Ro-ro Vessels

Revenue from the company’s ro-ro activities reached SEK 330million (SEK 400 million) for the period, with EBITDA falling from SEK 373 million in 2018 to SEK 275 million in 2019. This decrease is traced to lower charter income due to vessels sold in 2018. A net gain of SEK 137 million affected last year’s result. The implementation of the new lease standard, IFRS 16, has not affected EBITDA within the ro-ro operations.

Irish Continental Group (ICG) in a period of growth

There has been growth on all fronts, with the addition of W.B. YEATS having lifted the ferries division significantly. Total revenues for the ferries division during the first ten months amounted to EUR 184.3 million (+7.1%).

Consolidated Group revenue for the period was EUR 308.8 million (+8.2%).

Volumes (year to date, 23 November 2019)

BC Ferries released its 2Q results

BC Ferries released its 2Q results for the three months ended September 30, 2019. Revenues reached CAD 329 million (CAD 316 million), operating profit reached CAD 109 million (CAD 105 million), while net earnings reach CAD 95 million (CAD 91 million).
Press Releases

These press release news are published “as is”, i.e. this is how we get it from the senders. If you want to have your relevant news published, please send it to news@shippax.se

MacGregor secures orders worth approximately EUR 8 million for port development and naval projects in Europe

MacGregor, part of Cargotec, has secured orders to provide MacGregor equipment to a European port development project and TTS products to a naval project, also in Europe, with a total value of approximately EUR 8 million.

Tapio Kolunsarka appointed as CEO at the Evac Group

Tapio Kolunsarka has been appointed as new CEO of Evac Group effective 1 Jan 2020. He succeeds Tomi Gardemeister who has left his post as CEO and President to assume interests outside the Evac Group.

Inmarsat and ABB Marine & Ports sign agreement to enable digitalisation via Fleet Data platform

Inmarsat and ABB Marine & Ports, two driving forces behind maritime digitalisation, have signed a milestone Master Supply Agreement. The implementation of the agreement tackles an obstacle identified by ship owners themselves which has stopped them using IoT (Internet of Things) technology.

Fincantieri joins the Global Compact

As part of the process of strengthening its corporate responsibility, Fincantieri has joined the United Nations Global Compact, the world's largest business sustainability initiative.

Meyer Turku, Elomatic and Cadmatic Donated Professorships to Technology Education at University of Turku

Major companies in the Turku region, Meyer Turku, Elomatic, and Cadmatic support developing the new degree programmes in technology of the University of Turku by donating two professorships.

New features for ABB Ability™ Knowledge Manager just released

Established information management solution for mining and cement industries incorporates customer feedback to improve usability, engineering configuration and integration.

Investigation of marine accident at Hustadvika, Møre og Romsdal county

The Accident Investigation Board Norway has initiated an safety investigation after the incident with the cruise ship VIKING SKY'S engine failure at Hustadvika Saturday 23 March 2019. The United States and the United Kingdom are participating in the investigation as substantially interested states.

GEA supports MAN with new separator in the development of a game changer

With the installation of the new GEA marine Separator 50 on the engine test bench in Augsburg, GEA supports its customer MAN in the development of its high-performance diesel engine 45/60CR.

Intellian launches world's first 1.25m Ku-Ka convertible VSAT system

Intellian, has this week released the latest model in its new NX Series future-proof, high performance and low lifecycle cost VSAT antenna portfolio. The v130NX is the world’s first Ku-Ka convertible VSAT terminal with a 1.25-meter reflector, making it an ideal platform for high-speed global Internet on ships, offshore vessels, and superyachts.

The Renowned Crystal Experience Goes Digital as the Company Launches Signature App

Now available on the iOS platform for iPhone, a world of award-winning Crystal Experiences is available through the new Crystal Cruises app. Through the new digital platform, travelers can explore hundreds of voyages by Ocean, River, Yacht and Expedition, as well as itinerary details and onboard amenities and experiences.

Attica Group invests in Digital Transformation implementing the Fleet Management System SERTICA, in cooperation with Logimatic

Attica Group in the framework of its Digital Transformation is implementing the Fleet Management System SERTICA, in cooperation with the Danish Company Logimatic, with the aim to ensure reliable vessel operations and high quality ship management.

YSA Design claims cruise ship first for Build Information Modelling

Cruise and luxury vessel designer YSA Design is close to completing what it believes is the first ever ship construction project to bring together everything from initial sketches to the sign-off tasks for utilities completion under one Building Information Modelling (BIM) process.

Survitec upgrades lifejacket buoyancy to meet market demand for greater performance

Survitec has taken lifejacket safety and performance beyond the regulatory requirement with the introduction of a lifejacket range that has a minimum 150 Newton buoyancy.

Kalmars Ottawa T2 Terminal Tractor to help Baja Ferries improve productivity

Kalmar, part of Cargotec, has signed an agreement with Mexican ferry operator Baja Ferries to supply 20 terminal tractors for use in RoRo port operations. The order, which was agreed through Kalmar’s Mexican distributor Tracsa/Sitsa, was booked in Cargotec's 2019 Q3 order intake, with delivery scheduled to take place during Q1 2020.

COSTA SMERALDA: LNG propulsion tests passed successfully

COSTA SMERALDA has successfully passed the technical sea trials carried out with liquefied natural gas (LNG), the cleanest fossil fuel in the world, which represents a real innovation in the cruise industry.

Wasaline supports the organization Mercy Ships

Wasaline will support Mercy Ships by selling gift cards for day cruises where the entire income, in full, goes to Mercy Ships.

SMS Group completes double refit for Holland America

The SMS Group, one of the UK’s leading ship repairers and marine engineering services providers, has completed two pieces of major interior outfit work for Holland America Line in the Caribbean and Canada.

Eliminating 30 million plastic items per year from the Mein Schiff fleet

Plastic-free holidays aboard the Mein Schiff fleet: This is the vision underlying the plastic reduction programme launched by TUI Cruises last autumn. The results delivered in the first year of the WASTELESS programme are impressive: As many as 30 million plastic items per year are now saved aboard the Mein Schiff fleet.

Scanship awarded AWP retrofit contract by Norwegian Cruise Line Holdings

Scanship Holding ASA through its subsidiary Scanship AS, has been awarded a retrofit contract by Norwegian Cruise Line Holdings. The contract is to deliver and install a Scanship AWP system on their NAUTICA vessel operated under their Oceania Cruises brand.

Joint Project to Develop Cyber-risk Management System with Dualog Receives Support of Norwegian Government Fund

NYK and Dualog announced that a new project for the development of a cyber-risk management system for ships will receive two years of funding from the Norwegian government fund Innovation Norway.

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