Finnlines Offloads Ro-Pax Vessel

Illustration; Image Courtesy: Finnlines

Finnish RoRo and passenger shipping company Finnlines Plc has sold the ro-pax vessel, MS Finneagle, to the Grimaldi Group, the company said.

The sale is said to be part of a strategy aimed at optimising the use of the company’s vessels and routes in order to improve its profitability.

MS Finneagle was chartered out to the Grimaldi Group from June 2017. The delivery of the vessel to the Grimaldi Group will take place in October 2017.

The freight capacity of the vessel, built in 1999, is 2,459 lane meters and passenger capacity 835 passengers.

The company has 21 ships in its fleet.

In September, Finnlines sent its first Breeze ship to the shipyard to begin its lengthening program.

The lengthening operations would be undertaken on MS Finnsky, MS Finnsun, MS Finntide, and MS Finnwave.

For the first half of this year, Finnlines reported a 16 percent improvement in business performance, booking a net profit of EUR 35.4, against 30.5 million in 2016, representing the best first half-year result in Finnlines’ history.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jan 2018 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

APM – ASIA PACIFIC MARITIME 2018

27 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia trusted by generations of industry professionals.

read more >

Mega Cargo Show 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform…

read more >

Vietship 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology.

Since its first event in 2002, Vietship has become the convergence and platform of advanced technologies regional and worldwide in shipbuilding and ship repair, marine equipment, waterway transportation and services, marine and offshore engineering.

After 16 years of eight consecutive editions, Vietship has affirm itself as an important event in enhancing cooperation and development, attracting investments, exchanging technology and creating ideal opportunities for trade promotion in the international maritime industry.

More info

read more >

LNG Bunkering Summit 2018

The conference will cover the obstacles facing both the shipping and port communities, exploring developments in conversion and new builds…

read more >