Scandlines to Install Norsepower Rotor Sail On Board Ferry

European ferry operator Scandlines has signed an agreement to install Norsepower’s rotor sails on board one of its passenger ferries operating between Germany and Denmark. The wind propulsion technology will help the ferry, the hybrid-powered MV Copenhagen, further reducing its carbon emissions. The ferry already operates on a combination of diesel and battery power while … [Read more...]

Scandlines Ferry Damaged in Shipyard Dock Accident

A Scandlines ferry in dock at the Remontowa shipyard in Gdansk, Poland for planned upgrades is getting an unexpected extended stay. The ferry Prinsesse Benedikte was finishing up a three-week scrubber installation at the yard earlier this week when the floating dock it was in keeled over during the float-out, causing the ferry to slip down the keel block. The incident … [Read more...]

Scandlines Owners Said to Get Three Bids for Ferry Operator

(Bloomberg) -- The owners of Scandlines, 3i Group Plc and Allianz Capital Partners GmbH, received three bids for the Danish-German ferry operator in a deal that may value the company at as much as 1.4 billion euros ($1.8 billion), according to people with knowledge of the matter. Buyout firms Star Capital Partners Ltd. and TPG Capital as well as Danish shipping company DFDS … [Read more...]

Baltic Ferry Operator Scandlines Attracts Private Equity Bids

FRANKFURT, April 5 (Reuters) - Private equity groups 3i and Allianz Capital Partners have attracted three tentative bids for their jointly-owned ferry group Scandlines, a person close to the transaction said. "The offers handed in by the Friday (April 5) deadline all came from private equity investors," the person said. 3i and ACP each own 50 percent of the southern … [Read more...]