Finance 2018-03-01T10:04:38+00:00

Finance

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‘Havila Capella’ given the all clear

Last week, Havila Kystruten received all of the necessary certificates from the Norwegian Maritime Directorate (NMD). This meant that the coastal cruise ship ‘Havila Capella’ was fully insured and could restart operations along the Norwegian coast. ‘Havila Capella’ [Read more...]

June 27th, 2022|

‘Golden Horizon’ hit by sanctions

UK-based Tradewind Voyages, operator of the five masted square rigged cruise sailing ship ‘Golden Horizon’, has suspended bookings and will probably have to cancel voyages, due to sanctions-related disruption to its financing, owner Croatian DIV Group, said. The [Read more...]

June 27th, 2022|

MSC has GPH in its sights

Global Ports Holding (GPH) has been approached by MSC with a potential cash offer for all of its shares. The offer was made by SAS Shipping Agencies Services, a wholly-owned subsidiary of MSC Mediterranean Shipping Co Holding, according [Read more...]

June 27th, 2022|

Barcelona pollution tax mooted

Tourists on board cruise ships in Barcelona will soon be subject to another tax. The new tax will be imposed in order to help curb pollution in the Spanish port city, according to Schengen Visa info’s website. Travellers [Read more...]

June 13th, 2022|

Genting fallout updates

The proposed sale of the incomplete former Genting large cruise ship, ‘Global Dream’, was thrown in doubt last week. According to German media, MV Werften’s insolvency administrator was drafting up new plans for the Wismar shipyard and seeking [Read more...]

May 27th, 2022|

Finnish economy downturn could hit Finnlines

Finnlines has reported successful first quarter results. Emanuele Grimaldi, President and CEO (pictured), explained; “The Finnlines Group recorded revenue totalling €157 mill (€124.1 mill in 1Q21) in the first quarter of 2022, an increase of 27%, compared to [Read more...]

May 14th, 2022|

DFDS’ results in line with outlook

DFDS reported strong revenue growth of 52%, driven by acquisitions, higher freight and passenger volumes. EBITDA increased 9% to DKK822 mill. CEO, Torben Carlsen (pictured), said: “We’re satisfied with DFDS’s Q1 performance, which saw us grow our EBITDA [Read more...]

May 14th, 2022|

ICG enjoys increased revenue

On 11th May, the Irish Continental Group (ICG) issued a trading update, which covered carryings for the year-to-date to 7th May, 2022 and financial information for the first four months of 2022. All the figures were unaudited. Consolidated [Read more...]

May 14th, 2022|