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Tuesday, August 11, 2020

Route Network News

(Photo: Stena Line)

Stena Line Announces Job Cuts Due to COVID-19

The coronavirus pandemic has taken its toll on Swdish ferry company Stena Line, who announced Monday that it will cut 950 jobs due to a sharp decline in passenger travel bookings as a result of the outbreak.Stena Line said the coronavirus (COVID-19) outbreak and subsequent travel restrictions imposed by several countries have weighed heavily on bookings, with passenger traffic to Sweden, Denmark, Poland, Germany and Latvia mostly halted. On Saturday, the company completely stopped…

Peder Gellert Pedersen, Executive Vice President, DFDS Group, and Head of Ferry Division. Photo: DFDS

DFDS in Charter Deal with CLdN

Danish international shipping and logistics company DFDS has entered into two mutual space charter agreements with the Luxembourg-based short sea specialist Compagnie Luxembourgeoise d'Navigation (CLdN) CLdN that also operates a freight ferry route between Gothenburg and Zeebrugge.In June 2019, DFDS opened a freight ferry route between Gothenburg, Sweden, and Zeebrugge, Belgium, that currently deploys three freight ferries offering five weekly departures in each direction.However…

Rendering of the new “Green Ship” RoPax vessel (image courtesy of TT-Line)

AKA, MAN Collaborate for LNG-Powered Ferry

Aspin Kemp and Associates Inc. (AKA) and MAN Energy Solutions (MAN) are working together on the delivery of the propulsion package for 1+1 230-meter-long RoPax vessel for TT-Line, a German ferry operator. The vessel is to be built at Jiangsu Jingling shipyard in China. The MAN/AKA power and propulsion package includes eight MAN 51/60DF dual fuel engines, propellers and gearboxes, a fuel-gas supply system and HyProp ECO – a hybrid propulsion system. The newbuild TT-Line ferry will have the capacity for 800 passengers and over 200 articulated trucks.

Image: Cosco Shipping Holdings Co.

Cosco Eyes PIL Takeover

After buying several container factories from its smaller competitor Singapore-based shipping company Pacific International Lines (PIL), China’s Cosco Shipping Holdings Co. is eyeing it as a potential takeover target.The Chinese state-run ocean carrier  had bought part of debt-ridden PIL’s container-manufacturing business, and executives at the Chinese carrier believe they could wrap up a deal for the entire business if family-owned PIL’s owners decide to sell, reported WSJ.Cosco…

ChartWorld’s Oliver Schwarz and NAPA’s Risto Kariranta are excited to start collaboration in providing AI-driven voyage planning and optimization. (Photo: ChartWorld)

NAPA and ChartWorld Partner for 'ai'

NAPA, a leading maritime software, services and data analysis provider and ChartWorld, a leading digital chart agent, has announced their partnership to provide revolutionary artificial intelligence-driven voyage planning and optimization.Oliver Schwarz, ChartWorld’s Business Development Director, commented, “In today’s era of constant regulatory change and cost volatility, vessel efficiency and safety are more important than ever. Through the integration of ChartWorld’s industry-leading voyage planning with NAPA Fleet Intelligence…

Photo: ChartWorld

ChartWorld Launches Voyage Planning Platform

ChartWorld has launched its My Route Appraisal (MyRA) digital routing service. The MyRA concept is built around the digitization and automation of voyage planning procedures, freeing up the bridge team to concentrate on route approval, execution and monitoring.MyRA provides vessels and onshore personnel with an automatically proposed ECDIS-ready voyage plan; this is based on a route network, port databases, bathymetry from ENCs, weather forecasts, and the relevant ship model.

Image: Stena Line

Stena Line Intros Belfast - Liverpool RoRo

As a part of the ongoing development of Stena Line’s Irish Sea route network, the Stena Forecaster has been transferred from Stena RoRo to Stena Line and will enter service on the Belfast – Liverpool route from today - Tuesday, 12 February 2019. Stena Forerunner will transfer back to the North Sea and operation on Rotterdam-Killingholm. Stena Line is one of Europe's leading ferry companies with 38 vessels and 20 routes in Northern Europe.“This is another important step in our expansion programme for our ‘diagonal corridor’ services to and from Belfast.

Image: Maersk Line

Maersk Enhances Asia-Europe Network

Six ships will be added to A.P. Moller - Maersk's new route network between Asia and Europe, the Danish conglomerate announced new changes to its services connecting Asia and Europe.Changes implemented in the second quarter of 2018 have improved the reliability of company’s schedules. However, port congestions and unfavorable weather conditions have resulted in delays.“We are now progressing on the improvements made earlier in 2018 to further enhance our schedule reliability across our Asia-Europe Network”…

KaunasSeaways. Photo: DFDS

DFDS Sells Two Ships to Ukrferry

Danish shipping and logistics company DFDS is to sell two of its older vessels to Ukraine-based ferry operator Ukrferry. "DFDS has entered into an agreement with Ukrferry to sell two combined freight and passenger ferries, Kaunas Seaways and Vilnius Seaways built in 1989 and 1987 respectively. Delivery of the ferries is expected in July," said a press statement from the company. The ferries have been on time charter to Ukrferry for several years for deployment on routes in the Black Sea. The ferries were previously deployed in DFDS' Baltic route network.

File photo: Gordon Hislip / Stena Line

Stena Line Expands Partnership with Telenor Maritime

Maritime mobile operator Telenor Maritime said it has expanded its long-term partnership with Stena Line and announced the introduction of the mobile ecosystem onboard their passenger ships, deploying a connectivity platform with Mobile/3G/4G, Premium Wi-Fi, Ka-VSAT and mobile broadband backhaul in addition to existing system to improve the customer experience.“We are delighted to develop further our long-term partnership with Stena Line, one of the largest ferry companies in the world with Europe's most comprehensive route network…

Hanjin Shipping (File Photo)

South Korean Court to Liquidate Hanjin Shipping

The Seoul Central District Court Thursday decided to end the bankruptcy protection of Hanjin Shipping Co. Ltd (Hanjin Shipping), leaving the company to succumb to a declaration of bankruptcy later this month, Yonhap reported. Hanjin, once the world's seventh- or eighth-largest container shipper, filed for court receivership in late August 2016 as its creditors, led by the state-run Korea Development Bank (KDB), said they would not provide additional financial support to Hanjin starting from September 4.

Map by UNESCO

British Maritime Industry Eyes China’s One Belt, One Road Plan

China’s 21st Century Maritime Silk Road and Economic Belt development vision has takers in UK maritime sector, reports Xinhua News Agency. Both countries expected to improve bilateral maritime cooperation in the "Belt and Road" initiative, chairman of Maritime London Lord Mountevans said. ‘All maritime roads lead to London’ stated moderator Doug Barrow, chief executive of promotional body Maritime London, organiser of the One Belt, One Road (OBOR) event. CMA CGM, the third biggest container operator globally…

Photo: Mols-Linien

Fund Targets Mols-Linien

The Danish equity fund Polaris makes a tender offer on all shares of the ferry operator Mols-Linien, which sails on routes Odden-Ebeltoft and Odden-Aarhus. Polaris offered to pay 34 Danish crowns a share, valuing the ferry operator at 482 million Danish crowns ($71.7 million). The private equity group has entered an agreement with Clipper Group A/S to acquire their stake of 29.95% in Mols-Linien for an undisclosed price. In addition, Polaris received irrevocable advance commitments to purchase additional 46.24% stake in Mols-Linien from Nykredit Bank A/S…