In the third quarter (1 July – 30 September) of 2017, Tallink Grupp AS and its subsidiaries carried 2.9 million passengers, 2% more than in the third quarter of 2016. The Group’s unaudited third-quarter revenue grew by 3.3% to EUR 282.7 million (EUR 273.6 million, Q3 2016). Unaudited EBITDA for … [Read more...]
A great high season 2017 for Scandlines
Despite the rainy and cold weather, the summer of 2017 was excellent for Scandlines thanks to a steady ferry service and an increasing growth in the number of transported vehicles. There were no cancellations due to technical issues on the company’s two ferry routes. Only very few … [Read more...]
Infracapital agrees to sale of Red Funnel
Infracapital, the infrastructure equity investment arm of M&G Investments, announces that it has agreed to sell its 100% equity stake in Red Funnel, the original Isle of Wight ferry company, to a consortium of UK and Canadian pension schemes led by the West Midlands Pension Fund and the … [Read more...]
‘Lady of the Lake’, a steamer dreamer!
The TSS Earnslaw was built by J McGregor and Co in Dunedin and commissioned by New Zealand Rail on 18 October 1912 and to this day graces Lake Wakatipu, South Island, New Zealand. The vessels age and superb condition is truly remarkable but so too was her construction. The Earnslaw’s keel was … [Read more...]
First steel has been cut for Irish Ferries’ new cruise ferry
The first steel has been cut for Irish Ferries' new €144 million cruise ferry. The new ferry is being built in Germany and is scheduled for delivery in mid 2018. When it comes into service, the ship will accommodate up to 1,885 passengers and crew, with 435 cabins and a dedicated car deck as well as … [Read more...]
Scandlines receives prestigious Shippax award
During the annual Shippax “Ferry Shipping Conference”, which was held on board Grandi Navi Veloci's La Superba, April 5-7, 2017, the German-Danish ferry operator Scandlines received once again an esteemed Shippax Award. In 2014, Scandlines was awarded for the conversion of the ferry Prinsesse … [Read more...]
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