• 2021 April 17 12:33

    Contract for two new car and passenger ferries for TT-Line strengthens RMC's order book significantly

    Rauma Marine Constructions and Tasmanian shipping company TT-Line Company have finalised an agreement for the construction of two car and passenger ferries at Rauma shipyard. The employment impact of the project is approximately 3,500 person-years and will increase the number of ships to be built by RMC to eight. The construction of TT-Line’s vessels will begin in spring 2022.

    TT-Line had to withdraw from a previous Memorandum of Understanding last summer due to the coronavirus pandemic. Negotiations resumed in March this year, initiated by the Tasmanian government.

    Jyrki Heinimaa, CEO of Rauma Marine Constructions, is happy with how the two parties reached the agreement despite a very challenging situation worldwide.

    “We are very grateful for the trust shown to us by TT-Line Company and their representatives. This agreement means that our customer believes that we can offer a world-class solution that is perfect for their business, even in challenging operating conditions,” he says.

    “We eagerly await these three years of fruitful collaboration with RMC. The vessels will also make extensive use of the expertise of Tasmanian companies,” says Bernard Dwyer, CEO of TT-Line Company.

    Construction of the new car and passenger ferries will begin in spring 2022. The first vessel will be delivered to TT-Line in late 2023 and the second one in late 2024. Once completed, the vessels will operate in challenging conditions on the Geelong–Devonport route running between mainland Australia and the island State of Tasmania. The ferries will accommodate 1,800 passengers and will have an approximate gross tonnage of 48,000. The vessels will replace the Spirit of Tasmania I and II, both built in Finland in 1998.

    “An excellent continuation of RMC’s growth story and last year’s good result”

    The agreement with TT-Line is a positive signal for RMC’s financial outlook for 2021, as it increases the company’s order book to approximately EUR 1.6 billion and increases the number of ship projects at the shipyard to four.

    RMC also achieved an excellent financial result last year despite the global coronavirus pandemic. In 2020, the company’s net sales more than quintupled from EUR 38.1 million in the previous year to EUR 220.1 million. Operating profit, on the other hand, increased from EUR 1.9 million in the previous year to EUR 6.7 million.

    “The agreement with TT-Line Company is an excellent continuation of RMC’s growth story and last year’s good result. We will continue on our set growth path to build car and passenger ferries in Rauma, which also means stable growth in the shipbuilding industry in Finland. Last year, we strengthened our personnel by almost 50 per cent, meaning our organisation is more than ready for a new 3,500-person-year project,” says Heinimaa.

    In addition to TT-Line’s vessels, RMC is currently working on car and passenger ferries for Finnish shipping company Wasaline and Estonian shipping company Tallink, as well as four multi-purpose corvettes for the Finnish Defence Forces. After the challenges due to the coronavirus pandemic at the beginning of the year, production work has resumed to normal capacity. The company shut down production for a while in February after a cluster of coronavirus infections was revealed among workers at the shipyard. Following the detection of coronavirus cases, RMC immediately implemented a more strict safety plan, the functioning of which is being closely monitored. The coronavirus situation has been brought under control thanks to those safety measures.

    Rauma Marine Constructions founded in 2014 is a Finnland's shipbuilding company specialises in the construction and maintenance of multi-purpose icebreakers, car and passenger ferries, and vessels for use by the armed forces. RMC represents world-leading expertise in Arctic shipbuilding. It is based in the shipyard area acquired by the city of Rauma from STX Finland as an industrial investment of EUR 18.2 million in early 2014. The company has a lease agreement of 30 years with the city for the necessary facilities at Seaside Industry Park Rauma.

    Image source: Rauma Marine Constructions

2021 May 13

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17:54 Sparta III delivered yet another cargo to Franz Josef Land
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15:37 12th Arctic Council Ministerial meeting convenes in Reykjavík
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15:04 Klaveness joins collaboration project to evaluate the potential role of carbon capture in meeting shipping’s near-zero emissions target
14:52 Wärtsilä Cargo Handling and Fuel Supply Systems again selected for Oriental Energy vessels
14:32 Capital Link Maritime Forum - Norway to take place on 26-27 May 2021 as digital event
13:48 Cargo traffic within Azov-Don Basin of Russia’s IWWs grew fell by 26% in 4M’21
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10:42 TSUNEISHI SHIPBUILDING collects actual operation data by IoS-OP
10:33 RF Government approves new composition of its Marine Board
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09:44 Damen launches RoPax 6716 for the Port Authority of Timor-Leste
09:41 Oil market sees downward price correction
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09:08 RINA certifies the improvement of the energy efficiency of Grimaldi ro-ro fleet
08:45 UN launches the Human Rights Due Diligence Tool for seafarers

2021 May 12

18:36 Rolls-Royce to supply mtu generator sets for U.S. Navy frigate program
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17:54 Severnaya Zvezda shipped second batch of equipment for Taimyr coal cluster facilities
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17:16 Port of Antwerp and the City of Antwerp kick off The Tall Ships Races 2022
16:53 Valenciaport exceeds one million export containers for the first time in a year
16:25 Port of Rotterdam, Vopak, NYK and TankMatch to launch the first barge-to-ship methanol bunkering operation in the world
16:21 Candela C-7 and Persico 69F race shows how future electric boats will look like – Candela
16:13 Finland influences shipping emissions trading
16:04 ClassNK entrusted by Anchor Ship Partners with the evaluation of CO2 emissions of ships for its impact investment fund
15:55 TORM purchases three 2015-built scrubber-fitted LR2 vessels
15:49 Finnish Government adopts resolution to reduce emissions from maritime and inland waterway transport
15:07 Tallink Grupp launches its 2021 summer cruise sales
14:44 Tallink Silja launches summer cruises to Österlen and Gotland
14:21 AS Tallink Grupp published its statistics for April 2021
14:00 Seanergy announces delivery of Capesize M/V Flagship vessel to enter financing and period charter agreement with Cargill
13:58 First cargo from Egypt to reach Lithuanian LNG terminal
13:35 Small vessel service segment successfully developed in the Port of Riga
13:12 ABS completes landmark decarbonization and digitalization JDP with HHI and HGS
12:31 HHLA posts results for Q1 2021
12:13 ABB software to enable energy savings and performance gains for Tallink’s new ferry MyStar
11:54 Wilhelmsen receives the Maritime Safety Award for Smart Ropes system
11:00 Rosmorport icebreakers escorted some 8,000 ships over ice navigation period
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2021 May 11

18:07 Port of Melbourne welcomes proposed funding for intermodal terminal
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