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Superfast III and IV were built at Kvaerner Masa's Turku yard unlike Superfast I and II which were built at the German shipyard Schichau Seebeckwerft.
powered by a twin-screw 42.24MW propulsion plant consisting of four Wartsila NSD Sulzer 16-cylinder ZAV40S medium speed engines (Superfast 3).
Superfast Ferries selected by scottish enterprise for direct ferry service to europe
Turnover 29,589,589,715 Gross profit 15,654,708,689 Earnings before interest and depreciation 13,107,240,866 Net consolidated profit 9,111,613,586 was derived as follows: ATTICA ENTERPRISES S.A. 503,111,962 SUPERFAST FERRIES MARITIME S.A. 95,993,057 MARINE SUPERFAST M.C. 697,395,272 NAVIGATION SUPERFAST M.C. 746,884,275 SUPERFAST ENA INC. 244,060,049 SUPERFAST DIO INC. 335,259,513 SUPERFAST TRIA INC. 2,936,307,411 SUPERFAST TESSERA INC. 3,472,967,580 SUPERFAST PENTE INC. 25,795,683 SUPERFAST EXI INC. 25,795,679 SUPERFAST EPTA INC. 1,617,426 SUPERFAST OKTO INC. 703,677 SUPERFAST ENNEA INC. 12,861,001 SUPERFAST DEKA INC. 12,861,001 NET PROFIT FOR THE GROUP 9,111,613,586
(From Attika website) SUPERFAST FERRIES MARITIME S.A. FILES APPLICATION FOR LISTING AT THE MAIN MARKET OF THE ATHENS STOCK EXCHANGE SUPERFAST FERRIES MARITIME S.A. filed today the application for the Initial Public offering at the main market of the Athens Stock Exchange. Global coordinator and lead manager of the issue is the National Bank of Greece while lead manager is Citibank International plc. ETEVA and Citibank N.A. are advisors to the company. Superfast ferries Maritime S.A. belongs to Attica Enterprises Group and owns today four Superfast ferries ranking first in the overall market share in the Greece - Italy ferry traffic. As of the summer 2000, two more brand new car - passenger ferries (Superfast V and Superfast VI) will be added to the Superfast fleet and will join the Adriatic trade starting a new daily service between Patras - Igoumenitsa - Ancona. The new US$ 1bln investment program of Superfast ferries Maritime S.A. includes the acquisition of eight more Superfast ferries.
MORE SUPERFAST FERRIES FOR ATTICA GROUP The German Shipyard Flender Werft AG and Attica Enterprises S.A.'s subsidiary Superfast Ferries Maritime S.A. signed a contract worth US$ 192 mln (Euro 200 mln) for the building of two new Superfast car-passenger ferries of the latest technology. The two new ships of the Group will be named Superfast XI and Superfast XII and will be delivered in January and May 2002 respectively. The same agreement provides for an option for the building of two more ships to be delivered at a later date. This new investment in brand new tonnage of the Attica Group is financed by the Company's own funds and bank loans arranged with the German Bank Kreditanstalt fur Wiederaufbau (KfW). Today, the Company employs four Superfast ferries in the Greece - Italy routes where last year, for the second running year, ranked first in traffic volumes and profitability in a total of about 45 ships that trade in the Adriatic Sea. Two more Superfast ferries, Superfast V and Superfast VI, currently at the final stage of construction at Howaldtswerke Deutsche Werft AG in Kiel Germany, and due for delivery at the beginning of the second half of this year will be added to the Adriatic routes in a daily service between Patras - Igoumenitsa - Ancona. Another four ferries, Superfast VII, Superfast VIII, Superfast IX and Superfast X, also under construction at Howaldtswerke Deutsche Werft AG will be delivered in the course of the year 2001 and will start up a new service between Germany - Sweden and Germany - Finland. Attica's subsidiary Superfast Ferries Maritime S.A., owner of the youngest and fastest fleet of large car-passenger ferries worldwide, has recently filed an application for listing at the main market of the Athens Stock Exchange.
(From Attika web site) NET PROFIT OF Grd 416 mln IN 1st QUARTER 2000 Consolidated net profit for Attica Enterprises Group reached Grd 416 mln despite the sharp rise in oil price which affected considerably the Group's results. Attica's wholly owned subsidiary Superfast Ferries Maritime S.A. showed a 2.3% increase in turnover at Grd 5.2 bln although there were fewer sailings in 2000, 257 sailings versus 304 in 1st quarter 1999. The increase in the operational cost is mainly due to the cost of fuel for which the company spent Grd 750 mln more than in the same period of the previous year. Strintzis Lines which is consolidated in the Group's accounts for the first time showed a 7.4% increase in turnover which reached Grd 4.4 bln versus Grd 4.1 in 1st quarter 1999. Net result for Strintzis Lines was a loss of Grd 481 mln against Grd 9 mln in 1st quarter 1999 mainly caused by the increased cost of fuel which reached Grd 1 bln. It should also be noted that Strintzis results of the 1st quarter of 1999 included extraordinary profits of Grd 436 mln derived from the sale of its Swansea - Cork subsidiary. |
ATHENS,
GREECE - Attica's subsidiary Superfast Ferries S.A. has been selected as the
preferred bidder to run a service between Rosyth in Fife, Scotland and the
Continent, following a worldwide tender process. The selection of Superfast
Ferries was made by a steering group, chaired by Scottish Enterprise. The Group,
which included Scottish Enterprise Fife, Fife Council and the Scottish Tourist
Board, received 42 expressions of interest, with a shortlist of four major
European companies invited to submit detailed proposals. Detailed discussions
will now take place between Superfast Ferries and the Steering Group to pull
together the necessary financial package, including European funding, required
to make the proposals a reality. Speaking on behalf of the Steering Group,
Robert Crawford, Chief Executive of Scottish Enterprise said: 'We are delighted
to have reached this advanced stage with this project, which Scottish Enterprise
has been actively pursuing for a number of years. We can now move quickly to the
next stage and then onto the start of the service in 2002. The proposal
submitted by Superfast Ferries convinced us that they were both committed and
well qualified to run a service between Scotland and Europe'. Alexander
P.Panagopulos, Managing Director of Superfast Ferries said: 'We are delighted
that Scottish Enterprise has chosen us for the direct ferry service between
Scotland and the Continent. Like Greece, being in the geographical periphery of
Europe, Scotland's economy has a lot to gain from a direct daily link to its
European partners with our brand new and luxurious car passenger and freight
ferries'. The proposed service is expected to meet demand for both freight and
passenger traffic by offering a viable alternative to road or rail travel from
Scotland to ports in the South East of England. The selection of Superfast
Ferries has been welcomed by the Forth Ports Authority, which would build and
operate a new terminal in Rosyth. Alan Burns, Port Manager at Rosyth, said
'Forth Ports is eager to build on the initial planning phase already conducted
to operate the new service from Rosyth and to work with Superfast in the
development of purpose built terminal facilities. With the pre-planning phase
already complete, the port could be fully operational to meet the service start
up date during 2002. We believe new facilities, based on an existing protected
deepwater tidal berth, could be developed into a fitting and easy to use marine
gateway for Scotland.'