zoom Irish Continental Group plc (ICG) has placed an order with German shipbuilder Flensburger Schiffbau-Gesselschaft & Co.KG (FSG) for the construction of a cruise ferry worth EUR 165.2 million (USD 199 million). Upon completion, it will be the largest cruise ferry in the world in terms of vehicle capacity, according to ICG.The cruise ferry will be able to accommodate 1,800 passengers and crew, with capacity for 5,610 freight lane metres, which provides the capability to carry 330 freight units per sailing. Overall, it will effectively be a 50 pct increase in peak freight capacity compared to the MV Ulysses.Under the deal, the cruise ferry is scheduled for delivery before mid-2020.Twenty percent of the contract price will be paid in installments during the construction period. The balance of 80 pct will be paid on delivery. ICG said it would finance the ferry with funds from credit facilities.The new ferry will be fitted with emissions scrubber technology and ballast water systems so as to meet current and known future environmental regulations and will deliver optimal fuel consumption while minimising related costs.It will be powered by four main engines delivering 33,600 KW of power and adhere to Ice Class specification.Freight capacity will be provided over five decks, while passenger facilities will be spread over three decks. In addition, the vessel has been designed for three-tier freight bow loading to allow for efficient loading/unloading and quick turnaround times.The cruise ferry is being built specifically for Irish Ferries Dublin – Holyhead services. It is expected to replace the schedule of the MV Ulysses, which in turn will replace the currently chartered vessel MV Epsilon in the fleet.This will allow for the deployment of the W.B. Yeats (arriving mid-2018) full-time on the direct Ireland – France route alongside the MV Oscar Wilde.“This investment underpins the confidence the group has in the markets in which we operate. Alongside the recent investment in the MV W.B. Yeats, it brings our total investment to EUR 315 million for these two vessels designed for our operations on the Irish Sea. “The construction of a cruise ferry of this size will offer both additional capacity and an enhanced experience for both our tourism and freight customers. This infrastructural investment enhances “the bridge” to the UK & Continental Europe that is a vital part of the continued success of Ireland’s open economy,” Eamonn Rothwell, Chief Executive Officer, said.
zoom Norwegian shipping and logistics company Wallenius Wilhelmsen Logistics (WWL) has signed a concession agreement with Belgium’s Port of Zeebrugge to develop 49 hectares of land known as the Bastenaken West property located in the inner port. With this concession, in place until 2043, the company will nearly double its terminal footprint. WWL plans to invest about USD 20 million during the next two to three years.“The agreement marks the next step in WWL’s long-term commitment to the Port of Zeebrugge, the largest RoRo port in the world, and positions the company for continued growth and expansion all across Northern Europe,” Ray Fitzgerald, President & COO WWL Landbased, commented.“Both WWL and the Port of Zeebrugge have experienced significant growth together over the last two decades, and this expansion paves the way for an exciting future,” Hendrik Sohier, terminal manager, WWL Zeebrugge, said.The Port of Zeebrugge, which handled 2.8 million units of cargo in 2017, serves as an important hub for WWL with a network of deep-sea, short-sea and inland transportation connections. read more