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Displaying items by tag: Sten A Olsson

#FerryFounder - Sten Allan Olsson, the founder of Stena Line has died last week aged 96, reports the Belfast Newsletter.

The Swede had established the ferry company which operates routes between Ireland and Britain and throughout Scandinavia.

Sten Allan Olsson was "one of Sweden's greatest entrepreneurs of all time", according to Stena Metall Group, and built up a group of companies that produced a total revenue of over 68,848,000,000 SEK (£6,833,577,088) in 2012.

The foundations were laid in 1939 and now the Olsson family empire, Stena Sphere, boasts three companies which span freighting, passenger ferries, recycling and international steel and oil trading.

The Olsson family still own the ferry firm in which his son Dan is the chairman of the ferry giant which as previously reported on Afloat.ie celebrated its 50th anniversary last year running routes stretching from the Irish Sea to the Baltic.

 

Published in Ferry

#STENA LINE 50TH – The return today of Stena Line's HSS fastcraft festive-season Dun Laoghaire-Holyhead sailings, also marks the 50th anniversary of the Swedish-owned ferry company's maiden voyage 'Christmas Trips' across the Skagerrak, writes Jehan Ashmore.

The contrast could not be so stark between ferry operations of half a century ago and today. The inaugural sailing in 1962 saw the 350 (passenger-only) M/S Østersøen embark with Gothenburgers looking for alcohol, tobacco and food bargains in Skagen at the very northern tip of Denmark.

Present-day vessels on the Gothenburg route albeit to Frederikshavn, are operated by Stena Danica, Stena Jutlandica and HSS Stena Carisma, a smaller version of the revolutionary HSS Stena Explorer.

When the 1,500 passenger capacity catamaran HSS Stena Explorer was introduced on the Dun Laoghaire-Holyhead route in 1996, she was a technological breakthrough, using gas-turbine-powered engines. She also made maritime history as the world´s first (HSS) high-speed sea service ferry put into service and the fastcraft was designed to handle large articulated lorries.

Five decades later the vision and enterprise of founder Sten A. Olsson, remains firmly rooted and as the Stena Line brand which has a route network connecting eight countries, served by more than thirty vessels, and employing 5,700 people, in an area stretching between the Irish Sea and the Baltic.

Published in Ferry

As an island economy, a healthy maritime sector is key to our national competitiveness. Virtually all our imports and exports pass through Irish ports.

Ireland is dependent on ports and shipping services to transport goods and 90% of our trade is moved though Irish ports. Shipping and maritime transport services make a significant contribution to Ireland’s ocean economy, with the sector generating €2.3 billion in turnover and employing over 5,000 people in 2018.

Ireland’s maritime industry continues to grow and progress each year with Irish ports and shipping companies making significant investments. The ports sector in Ireland is currently undergoing a number of expansions and developments with Dublin Port’s Alexandra Basin development, the development of Ringaskiddy in Cork by Port of Cork and the development of Shannon Foynes Port. Along with these major investments, shipping companies are also investing heavily in new tonnage, with Irish Ferries, CLdN and Stena leading new build programmes.

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Our pages are covering some of the most notable arrivals around our coast and reporting too on port development and shipping news.

This section of the site deals with Port and Shipping News on our largest ports Dublin Port, Port of Cork, the Shannon Estuary, Galway Harbour and Belfast Lough.

A recent study carried out for the Irish Ports Association (IPA) totalled 75.7 billion during 2004 and their net economic impact was some 5.5 billion supporting around 57, 500 full time employees.

Liam Lacey, Director of the Marine Institute’s Irish Maritime Development Office (IMDO) said, “The Irish maritime industry can look to the future with confidence. It has shown itself to be resilient and agile in responding to challenges. Over the past decade, it has had to respond to the challenges of the financial crisis of 2008, the uncertainty surrounding Brexit and recent challenges. Ireland’s maritime sector has continued to underpin our economy by maintaining vital shipping links for both trade and tourism.”