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Displaying items by tag: Viking Cruises

Owner of Belfast's iconic Harland and Wolff shipyard, InfraStrata, is set to move forward with its plans to raise £9m.

The company, reports InsiderMedia, first outlined its proposals in early July, with the motion having now been passed by shareholders.

An application has been made for 1,791,428,683 ordinary shares to be admitted to trading on AIM. Following this, InfraStrata's issued share capital will comprise 6,416,008,200 ordinary shares.

Earlier this year, Harland and Wolff secured a £2m asset-backed term debt facility.

The east Belfast facility is where work on ferry and cruise firms have used Covid-19 shutdown to carry out maintenance as The Belfast Telegraph reported last month.

The cruise industry is in the worst crisis in its history as a result of coronavirus, and passenger ferries have also taken a hit in lockdown.

But for Harland & Wolff, itself facing a fight for survival a year ago, the stricken industries are a major source of work as cruise ships and ferries take up residence in its dry docks for maintenance.

Instead of sailing around the world, three ships from Viking Cruises - affectionately called the "three sisters" - are being refitted by H&W staff.

On the same day of the newspaper's report Afloat.ie tracked the cruiseship trio where the Viking Sun was dry-docking within Belfast Dry Dock, the smaller of two such facilities which H&W claim to be the largest dry docks in Europe.

While adjacent to BDD at the fit-out quay were berthed Viking Sea and Viking Sky, the latter ship with nearly 400 people were airlifted during an incident when adrift off Norway last year.

Each of the 930 passenger cruiseships, currently remain at the shipyard, have a gross tonnage of 47,842 and were all built in 2017 except for Viking Sea which entered service the previous year. They were all built in Ancona, Italy following leadship of the series Viking Star which was launched in Marghera also in Italy.

Afloat also tracked the Belfast 'berthed' pair as far back to 1 July at the fit-out berth. Viking Sea having arrived at the Belfast shipyard on 23 June from Alesund, Norway while Viking Sky also carried out the same voyage across the North Sea and arrived the same day.

As for the third cruiseship, Viking Sun was that day in the Irish Sea but having departed Belfast bound for Douglas, Isle of Man. The cruiseship departed the Ulster capital on Wednesday and was expected to arrive offshore of the Manx capital the next day.

During the height of Covid-19, Viking Cruises announced on 11 March that they became the first cruise line to temporarily suspend operations of their ocean and river cruises. This was to ensure a commitment to guests and employees is that safety and wellbeing is always a top priority.

In that spirit, Viking Cruises made the decision to extend the temporary suspension of operations across all sailings through to 30th September.

Published in Shipyards

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!