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Displaying items by tag: New CEO Appointed

#NewStenaCEO - A new CEO has been appointed by Stena Line, the Swedish owned company which is one of Europe’s largest ferry operators with 35 ferries and 22 routes in northern Europe.

Deputy CEO Niclas Mårtensson assumed the position with his appointed today as CEO by Stena Line. The current CEO, Carl-Johan Hagman, will resume his position as Chairman of the Stena Line board and will also remain in the role as Head of Shipping at Stena AB.

Niclas Mårtensson has more than 10 years’ experience of working in different senior positions within Stena Line including Route Manager in Germany and Poland, COO and most recently as Deputy CEO.

“This appointment is a natural step in our development process. We are pleased that we have recruited a CEO internally who will be able to fully focus on realising the strategy,” said Carl-Johan Hagman.

“I’m really looking forward to the exciting challenge of, with our customers in mind, realising our journey towards a sustainable and digital company. The transportation needs of our freight and travel customers continue to increase and evolve and Stena Line, with its comprehensive European network, is well positioned to meet that demand in a sustainable way”, said Niclas Mårtensson.

Published in Ferry

#FreightLeadership – Irish Sea ro-ro freight-only operator, Seatruck Ferries have appointed Alistair Eagles as the company's new CEO with effect from 7 May this year.

Concurrent to this, Ole Frie will step down from his position as Chairman for Seatruck, and Kristian Morch will become the new Chairman of the Board.

Eagles was part of the original team that founded Seatruck in 1996. He has been Commercial Director and since 2009 Managing Director Irish Sea for Seatruck. The 44 year-old has a degree in Transport Management from Loughborough University.

Together Fre and Eagles have been instrumental in the turnaround of Seatruck. Since 2012, the company has seen a very positive development, initiated by strong volume growth on the Irish Sea and the successful employment of the other vessels in the external charter market.

Frie joined Seatruck in 2007 and has taken a very active role in the business since then. He brought with him decades of experience from DFDS, where he stepped down as CEO in 2006.

Published in Ferry

Ferry & Car Ferry News The ferry industry on the Irish Sea, is just like any other sector of the shipping industry, in that it is made up of a myriad of ship operators, owners, managers, charterers all contributing to providing a network of routes carried out by a variety of ships designed for different albeit similar purposes.

All this ferry activity involves conventional ferry tonnage, 'ro-pax', where the vessel's primary design is to carry more freight capacity rather than passengers. This is in some cases though, is in complete variance to the fast ferry craft where they carry many more passengers and charging a premium.

In reporting the ferry scene, we examine the constantly changing trends of this sector, as rival ferry operators are competing in an intensive environment, battling out for market share following the fallout of the economic crisis. All this has consequences some immediately felt, while at times, the effects can be drawn out over time, leading to the expense of others, through reduced competition or takeover or even face complete removal from the marketplace, as witnessed in recent years.

Arising from these challenging times, there are of course winners and losers, as exemplified in the trend to run high-speed ferry craft only during the peak-season summer months and on shorter distance routes. In addition, where fastcraft had once dominated the ferry scene, during the heady days from the mid-90's onwards, they have been replaced by recent newcomers in the form of the 'fast ferry' and with increased levels of luxury, yet seeming to form as a cost-effective alternative.

Irish Sea Ferry Routes

Irrespective of the type of vessel deployed on Irish Sea routes (between 2-9 hours), it is the ferry companies that keep the wheels of industry moving as freight vehicles literally (roll-on and roll-off) ships coupled with motoring tourists and the humble 'foot' passenger transported 363 days a year.

As such the exclusive freight-only operators provide important trading routes between Ireland and the UK, where the freight haulage customer is 'king' to generating year-round revenue to the ferry operator. However, custom built tonnage entering service in recent years has exceeded the level of capacity of the Irish Sea in certain quarters of the freight market.

A prime example of the necessity for trade in which we consumers often expect daily, though arguably question how it reached our shores, is the delivery of just in time perishable products to fill our supermarket shelves.

A visual manifestation of this is the arrival every morning and evening into our main ports, where a combination of ferries, ro-pax vessels and fast-craft all descend at the same time. In essence this a marine version to our road-based rush hour traffic going in and out along the commuter belts.

Across the Celtic Sea, the ferry scene coverage is also about those overnight direct ferry routes from Ireland connecting the north-western French ports in Brittany and Normandy.

Due to the seasonality of these routes to Europe, the ferry scene may be in the majority running between February to November, however by no means does this lessen operator competition.

Noting there have been plans over the years to run a direct Irish –Iberian ferry service, which would open up existing and develop new freight markets. Should a direct service open, it would bring new opportunities also for holidaymakers, where Spain is the most visited country in the EU visited by Irish holidaymakers ... heading for the sun!