Wärtsilä has received all relevant regulatory approvals in Norway for the acquisition of the ship design group Vik-Sandvik. The acquisition has now been closed for Vik-Sandvik's Norwegian companies Vik-Sandvik AS, Vik-Sandvik Marine Services AS and Skipkonsulent AS, which form the substance of the acquisition.
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Wärtsilä finalises acquisition of Vik-Sandvik's ship design companies
Caledonian MacBrayne highlights timetable improvements
Ferry operator Caledonian MacBrayne (CalMac) today (August 26, 2008) announced it is making 13 improvements to its timetables following consultations with local communities.
CalMac has received the go-ahead from the Scottish Government to make the amendments to 13 of the 24 services operated under the Clyde and Hebrides Ferry Services (CHFS) contract.
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DFDS increases freight capacity in the North Sea in 2009
Extending three RoRo vessels increases the ships’ cargo carrying capacity by 25% and provides the required capacity for the cargo route between Sweden and the United Kingdom. Both operating costs and environmental impact will be reduced.
DFDS has signed a contract with MWB Motorenwerke Bremerhaven AG for extending the three RoRo vessels cargo ships Tor Begonia, Tor Freesia and Tor Ficaria by 30 metres.
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Ilmarinen initiates action against Finnlines
Mutual Pension Insurance Company Ilmarinen has initiated action against Finnlines Plc in the City Court of Helsinki. Ilmarinen objects to the decision of Finnlines’ Annual General Meeting held on 20 May, 2008 to distribute EUR 180,216.39 as a minimum dividend. Ilmarinen demands primarily that the minimum dividend is to be altered to EUR 17,181,000.
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IMO sulphur plans will backfire
Ferries could be rendered uncompetitive with other modes of transport if there is no level playing field on fuel quality, the operators’ organisation Interferry has warned.
In a submission to the International Maritime Organization, ahead of October’s Marine Environment Protection Committee, the trade association has argued that the costs associated with proposed revised sulphur level reductions from 1% low sulphur fuel to 0.1% — estimated in North Europe to be...
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BC Ferries seeking operators for contracted services
British Columbia Ferry Services Inc.
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Hurtigruten feels pinch of rising costs
Norwegian cruise operator Hurtigruten is looking to sell off its ferry contracts and non-core business operations as it battles to keep costs down, writes Craig Eason.
The company has released second quarter figures showing a pre-tax profit of NKr26m ($4.8m), compared with NKr102m for the same period last year, adding to the woes of a pre-tax loss of NKr108m in the first quarter.
It says bunker costs and debt expenses have risen by NKr85m, overshadowing the gains...
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Morgan Stanley downgrades Bureau Veritas
Analysts Jessica Flounders, David Hancock and Jonathan Taylor — in a note emailed to investors this week — demoted Bureau Veritas and Switzerland’s SGS from ‘equal weight’ to ‘underweight’.
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MCA back at work as latest stoppage ends
British coastguards were due to end a 48-hour strike yesterday evening, with no major incidents reported by the time Lloyd’s List went to press, writes David Osler.
The stoppage — by members of Public and Commercial Services union — is the fifth in a series of one- and two-day walk-outs since March this year, designed to put pressure on Maritime and Coastguard Agency management over an ongoing pay dispute.
PCS argues...
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Manila inquiry wants Sulpicio out
The Board of Marine Inquiry found that Sulpicio – whose ship sank on 21 June, costing at least 800 lives – had been negligent for failing to ensure the safety of passengers and cargo.
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Debut Molière misses cue
The newest addition to the fleet of French Channel ferry operator SeaFrance has missed the summer tourist season following delays in the refurbishment of its passenger accommodation, writes Andrew Spurrier in Paris.
The SeaFrance Molière was due to go into full service at the start of July but is not now expected to start carrying tourist vehicles until next month.
In the meantime, however, it has come into service as a freight...
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High-speed pioneer
Forty years ago Robert Clifford was running tour boats around the pleasant harbour of Hobart, Tasmania.
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Portsmouth in berth upgrade to handle LD Lines’ ships
Portsmouth is planning to lengthen two of the harbour’s berths in preparation for the introduction of LD Lines’ new service to Le Havre, writes Sandra Speares.
The berths will be extended by 50m to accommodate the 186m Norman Voyager, which is due to commence operations in November.
Portsmouth ferry port manager Phil Gadd said: “Ships are getting bigger and we have made the investment to cater for this. It’s a real business need.
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Wed 27 Aug, 2008
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