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Industry News

Stena RoRo acquires ropax

Stena RoRo has purchased the ropax ‘Yamato’ from the Japan’s Hankyu Ferry.   The vessel will be rebuilt at a European shipyard to European standards, after which she will be chartered out. This process will begin in spring 2020 [Read more...]

March 2nd, 2019|Ships|

DP World acquires P&O Ferries

DP World has acquired the holding company of P&O Ferries and P&O Ferrymasters for £322 mill. This implies a 2017 Enterprise Value/EBITDA valuation multiple of 6.1x, DP World said. P&O Ferries is a trans-European integrated logistics business consisting [Read more...]

March 2nd, 2019|Marketing|

Lindblad Expeditions uses Fleet Xpress

Inmarsat is to provide satellite communications through Fleet Xpress for Lindblad Expeditions/National Geographic’s new adventure cruise ship, ‘National Geographic Venture’. The expedition ship completed its first cruise around the Galapagos Islands in December, 2018 before moving to Baja [Read more...]

March 2nd, 2019|Technology|