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Baleària has placed an order for the second liquefied natural gas (LNG) powered passenger and cargo fast ferry in Spain.
Baleària’s 2021 results show that the shipping company has been able to overcome a complex situation marked by the pandemic and growing competition. The 103 million euros of EBITDA have enabled the company to offset the 15 million euros of losses from the previous year, repay debt, consolidate its solvency and continue with the scheduled ...
The company's use of LNG allowed it to avoid 56,000 mt of CO2 emissions last year.
The new ferry will cover the Ibiza-Formentera route and will reduce greenhouse gas emissions by 80% The president of Baleària, Adolfo Utor, presented the ship, which will be able to hold 350 passengers and will be operational in 2023 The president of the Balearic Government, Francina Armengol, highlighted the shipping company’s involvement in hydrogen-related projects ...