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St. Peter Line has agreed to purchase the Pride of Bilbao for €37.7m from Irish Continental Group (ICG) which has been on charter to P&O's UK-Spain route, writes Jehan Ashmore.
ICG will charter the 37,583 gross tonnes cruiseferry to St. Peter Line on a hire-purchase basis with instalments to be paid over six years, with the final payment and transfer of vessel ownership in 2016. The vessel is to undergo refurbishment and renamed Princess Anastasia before opening a new second route for St.Peter Line between St. Petersburg and Stockholm  in April 2011. The new twice weekly service will call via Tallinn, Estonia and will for the first time provide visa-free cruises from Sweden to the Russian Federation.

For the last 17 years the Pride of Bilbao has operated between Portsmouth and Bilbao under charter to P&O. Built in 1986, she was launched as Olympia for Viking Line between Stockholm and Helsinki, then the Baltic Sea ferry was one of the largest overnight passenger capacity ferries in the world. At 177 metres long the vessel can accommodate 2552-passengers, 600-vehicles and space for 77-trucks. She has a sister, the Mariella, which currently operates on Viking Line's Stockholm-Mariehamn–Helsinki service.

In 1993 the vessel was renamed Pride of Bilbao and launched a new service on the Bay of Biscay, under charter from her Scandinavian owners. The following year ICG purchased the Pride of Bilbao from Viking Line and she was re-registered to the Bahamas. The vessel was subsequently entered into a British bare-boat charter arrangement between P&O Ferries and ICG. Due to unsustainable losses the route closed on 28 September this year but rivals Brittany Ferries soon shortly announced they would reopen the route in Spring 2011.

Throughout the Pride of Bilbao's career under ICG (parent company of Irish Ferries), the cruiseferry has only once visited Ireland. In between Spanish sailings, she was sub-chartered for a three-day Christmas mini-cruise from Portsmouth to Dublin in 2004, where the Pride of Bilbao berthed at the ferryport close to the ICG headquarters.

Published in Ports & Shipping

About boot Düsseldorf: With almost 250,000 visitors, boot Düsseldorf is the world's largest boat and water sports fair and every year in January the “meeting place" for the entire industry. From 18 to 26 January 2020, around 2,000 exhibitors will be presenting their interesting new products, attractive further developments and maritime equipment. This means that the complete market will be on site in Düsseldorf and will be inviting visitors on nine days of the fair to an exciting journey through the entire world of water sports in 17 exhibition halls covering 220,000 square meters. With a focus on boats and yachts, engines and engine technology, equipment and accessories, services, canoes, kayaks, kitesurfing, rowing, diving, surfing, wakeboarding, windsurfing, SUP, fishing, maritime art, marinas, water sports facilities as well as beach resorts and charter, there is something for every water sports enthusiast.

At A Glance – Boot Dusseldorf 

Organiser
Messe Düsseldorf GmbH
Messeplatz
40474 Düsseldorf
Tel: +49 211 4560-01
Fax: +49 211 4560-668
Web: https://www.boot.com/

The first boats and yachts will once again be arriving in December via the Rhine.

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