richwarwicker Posted June 23, 2020 Share Posted June 23, 2020 On 19/06/2020 at 08:02, The Ferry Man said: Trouble is we're being told not to use public transport - I'd love to go back on a train, it's the only way I can get to anywhere! You look on the NRE website and all that flashes up are messages basically telling you not to use them. Your being told not to use them if you have an alternative. if you have no alternative then you may use them to access any permitted activity! Link to post Share on other sites
neilcvx Posted June 23, 2020 Share Posted June 23, 2020 https://www.tradewindsnews.com/gas/brittany-ferries-ducks-questions-on-future-for-cancelled-newbuilding/2-1-830367 paywalled , so if anyone has access feel free to share a digested summary. Link to post Share on other sites
Raik Posted June 24, 2020 Share Posted June 24, 2020 Creditors' committee, self-administration and administration fight for the ship newbuilding 774: new offer for completion of the Honfleur. They submitted a new proposal to finish the ship to the financing institutions. It is unclear wether that would mean that BF would be the buyer in the end. https://www.seereisenportal.de/news/kreuzfahrt-news-schifffahrtsnachrichten/fsg-glaeubigerausschuss-eigenverwaltung-und-sachwaltung-kaempfen-um-den-schiffsneubau-774-neues-an/ Link to post Share on other sites
David Williams Posted June 24, 2020 Share Posted June 24, 2020 1 hour ago, Raik said: Creditors' committee, self-administration and administration fight for the ship newbuilding 774: new offer for completion of the Honfleur. They submitted a new proposal to finish the ship to the financing institutions. It is unclear wether that would mean that BF would be the buyer in the end. https://www.seereisenportal.de/news/kreuzfahrt-news-schifffahrtsnachrichten/fsg-glaeubigerausschuss-eigenverwaltung-und-sachwaltung-kaempfen-um-den-schiffsneubau-774-neues-an/ The article is quite interesting, it seems to be saying that the local town and Management would like someone else to give them money to keep their jobs - sounds familiar ! Link to post Share on other sites
colin Posted June 24, 2020 Share Posted June 24, 2020 Just read that the finance is in place? Link to post Share on other sites
colin Posted June 24, 2020 Share Posted June 24, 2020 Facebook Brittany Ferries Ships Enthusiasts and Crew Link to post Share on other sites
David Williams Posted June 24, 2020 Share Posted June 24, 2020 3 minutes ago, colin said: Facebook Brittany Ferries Ships Enthusiasts and Crew Same story as above, posted later with a link to another paper ! There is many a slip between asking for financing and getting it ! Link to post Share on other sites
colin Posted June 24, 2020 Share Posted June 24, 2020 The stories are slightly different. I wouldn't have posted otherwise. Direct mention that finance is in place. Perhaps errors in translation in one or the other? Link to post Share on other sites
David Williams Posted June 24, 2020 Share Posted June 24, 2020 Ok, maybe I missed something, Tony linked to https://www.offshore-energy.biz/fsg-fighting-to-complete-lng-powered-honfleur/ which I believe just says that they have submitted a proposal for financing. Link to post Share on other sites
Cabin-boy Posted June 24, 2020 Share Posted June 24, 2020 Let me guess. This new financing has come from.a Mr. D Ream of Weymouth Borough Council. Ed. Link to post Share on other sites
VikingVoyager Posted June 24, 2020 Share Posted June 24, 2020 37 minutes ago, Cabin-boy said: Let me guess. This new financing has come from.a Mr. D Ream of Weymouth Borough Council. Ed. Or Euroferries. They are looking to expand on their Ramsgate operation 1 Link to post Share on other sites
TonyMWeaver Posted June 24, 2020 Share Posted June 24, 2020 No errors in translation on this one, it's written in English and says "However, according to today’s decision of the board of creditors, the completion of ship 774 at the Flensburg shipyard is to continue. The board of creditors has also submitted a new offer to the financier for the completion of the newbuilding 774 by the FSG." Link to post Share on other sites
Cabin-boy Posted June 24, 2020 Share Posted June 24, 2020 (edited) That presumably means they have offered BF a new price to take the hulk of their hands. But BF clearly stated that the price wasn't the issue. It was the uncertain delivery timetable that meant they felt unable to proceed. So how will they be able to justify paying less for something that is costing the yard more and arriving even later? Ed Edited June 24, 2020 by Cabin-boy Link to post Share on other sites
David Williams Posted June 24, 2020 Share Posted June 24, 2020 1 hour ago, Cabin-boy said: That presumably means they have offered BF a new price to take the hulk of their hands. But BF clearly stated that the price wasn't the issue. It was the uncertain delivery timetable that meant they felt unable to proceed. So how will they be able to justify paying less for something that is costing the yard more and arriving even later? Ed I am not sure that it does, I think that all it means is that the yard believes by spending money on it they will raise the value of the ship by significantly more than the cost of completing it and they are trying to get a speculator to trust their judgement ! A completed ship with certification could then be sold to a number of companies ( including BF) 1 Link to post Share on other sites
kenw Posted July 5, 2020 Share Posted July 5, 2020 Local business and political leaders in Flensburg and the Schleswig-Holstein area are apparently determined to get the ship finished and handed over to BF, if the latter will have it. That's the word from a friend and former colleague who was in Flensburg [the city. not the yard itself] and Kiel on business last week, and had several meetings with the IHK [Chamber of Commerce] and sundry business and finance folk including people from the local ministry for economy and business. He was hoping to meet with Minister-Präsident Gunther, but that didn't happen [virus priorities, he was told]. He is an "entrepreneur, investor and manager in the engineering industry" to quote his CV, and some of the firms he met are either suppliers to FSB or have contacts there, so this "not quite inside" info. The locals say that the key issues are timing and quality, rather than price. "There are new people at the shipyard who know how to get things done." he was told. He tells me he heard a couple of slightly different versions of who has legal ownership of the hull and how or when the final decision will be made, but admits that could be down to his understanding of business German rather than anything else. 1 2 Link to post Share on other sites
nick hall Posted July 5, 2020 Share Posted July 5, 2020 1 hour ago, kenw said: Local business and political leaders in Flensburg and the Schleswig-Holstein area are apparently determined to get the ship finished and handed over to BF, if the latter will have it. That's the word from a friend and former colleague who was in Flensburg [the city. not the yard itself] and Kiel on business last week, and had several meetings with the IHK [Chamber of Commerce] and sundry business and finance folk including people from the local ministry for economy and business. He was hoping to meet with Minister-Präsident Gunther, but that didn't happen [virus priorities, he was told]. He is an "entrepreneur, investor and manager in the engineering industry" to quote his CV, and some of the firms he met are either suppliers to FSB or have contacts there, so this "not quite inside" info. The locals say that the key issues are timing and quality, rather than price. "There are new people at the shipyard who know how to get things done." he was told. He tells me he heard a couple of slightly different versions of who has legal ownership of the hull and how or when the final decision will be made, but admits that could be down to his understanding of business German rather than anything else. Thanks Ken, you do get the feeling that when BF cancelled the order it wasn’t the end of the story. Hopefully the parties can come to some sort of agreement and finish Honfleur. Link to post Share on other sites
Cabin-boy Posted July 5, 2020 Share Posted July 5, 2020 10 minutes ago, nick hall said: The locals say that the key issues are timing and quality, rather than price. Don't the two former issues determine the latter? And haven't they been the key issues from day one? I'm pretty sure I remember BF saying they had put a team on board when the first hints of trouble emerged. What do they have to show for that extra vigilance and expense? Ed. 1 Link to post Share on other sites
kenw Posted July 6, 2020 Share Posted July 6, 2020 20 hours ago, Cabin-boy said: Don't the two former issues determine the latter? And haven't they been the key issues from day one? I'm pretty sure I remember BF saying they had put a team on board when the first hints of trouble emerged. What do they have to show for that extra vigilance and expense? Ed. Absolutely. Time and Quality are always the key to determining price. That's why newbuild contracts relate final prices and penalties to progress / completion milestones and quality thresholds [engineer / surveyor reports, class, certification etc]. What I meant to say was that in the locals' eyes the cancellation was not caused by a dispute over money – but rather the other two. If Honfleur is eventually accepted to join the fleet, I'm sure that the final price will reflect both the delay and the additional effort which BF has had to invest. 1 Link to post Share on other sites
jonno Posted July 6, 2020 Share Posted July 6, 2020 21 hours ago, Cabin-boy said: Don't the two former issues determine the latter? And haven't they been the key issues from day one? I'm pretty sure I remember BF saying they had put a team on board when the first hints of trouble emerged. What do they have to show for that extra vigilance and expense? Ed. BF have had their staff on site in both Germany & Poland since day one. Maybe BF demand a bit more from their chosen shipbuilder? 1 Link to post Share on other sites
philduncan Posted July 13, 2020 Share Posted July 13, 2020 I see every mention of the Honfleur has now gone and this link https://www.destinationhonfleur.com/en redirects to this page https://www.brittany-ferries.co.uk/ships/cruise-ferries What do we think will be opposite the MSM in the coming seasons on Portsmouth - Caen? Link to post Share on other sites
The Ferry Man Posted July 13, 2020 Share Posted July 13, 2020 7 minutes ago, philduncan said: I see every mention of the Honfleur has now gone and this link https://www.destinationhonfleur.com/en redirects to this page https://www.brittany-ferries.co.uk/ships/cruise-ferries What do we think will be opposite the MSM in the coming seasons on Portsmouth - Caen? 3 2 Link to post Share on other sites
TonyMWeaver Posted July 13, 2020 Share Posted July 13, 2020 (edited) The Destination Honfleur website was 'Temporarily Unpublished' about 4 weeks ago. Edited July 13, 2020 by TonyMWeaver Link to post Share on other sites
Cabin-boy Posted July 14, 2020 Share Posted July 14, 2020 8 hours ago, TonyMWeaver said: 'Temporarily Unpublished' Did you make that expression up or is it some American term? Ed. 1 1 Link to post Share on other sites
TonyMWeaver Posted July 14, 2020 Share Posted July 14, 2020 3 hours ago, Cabin-boy said: Did you make that expression up or is it some American term? Ed. If i remember correctly, the term used was 'Temporarily Mothballed' and that came from one of Portsmouth Brittany Ferries press team themselves. But it was before the shipyard went bust. 1 Link to post Share on other sites
cvabishop Posted July 14, 2020 Share Posted July 14, 2020 Maybe permanantly motheaten would now be a better description... Link to post Share on other sites
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