ANEK Lines

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ANEK Lines
Traded as (AthexANEK)
Industry Shipping
Transport
Founded 1967
Headquarters Chania, Crete, Greece
Area served
Adriatic Sea
Crete
Aegean islands
Key people
Georgios Katsanevakhs (President)
Yannis S. Vardinogiannis (CEO)
Products Commercial, passenger transport and cargo
Revenue Increase1.57 billion (2015)[1]
Increase162.9 million (2015)[1]
Total assets Increase1.480 billion (2015)[1]
Total equity Decrease974.40 million (2015)[1]
Owner Sea Star Capital P.L.C (37.5%)
Varmin (26.9%)
Piraeus Bank (23.5%)
Number of employees
Steady 1.632 (end 2014)[2]
Website www.anek.gr

ANEK LINES (Ανώνυμη Ναυτιλιακή Εταιρεία Κρήτης, Anó̱̱nimi Naftiliakí Etaireía Krítis) is a large shipping company in Greece. It was founded in 1967 by numerous shareholders who were inhabitants of Crete. It operates passenger ferries, mainly on Piraeus-Crete and Adriatic Sea lines.

Today the company is listed on the Athens Stock Exchange (AthexANEK) and 37,5% owned by Cyprus-based Sea Star Capital PLC (Yannis S. Vardinoyannis also owner of 35,4% of Hellenic Seaways and Minoan Lines).[3]

Also Amalia Vardinoyannis holds a 26,9% threw her holding company Varmin and Piraeus Bank holds a 23.5% stake.

History

In Crete protests broke out after the Typaldos Lines car ferry SS Heraklion capsized due a series of safety regulations violations. The ship sank on her way from Chania to Piraeus on 8. December 1966, resulting in the death of more than 200 people.

In the aftermath a few hundreds of Cretans (traders, free-lancers, pensioners, farmers) following a proposal by the Association of Economists of the Chania Prefecture and the generous support of the Metropolitan of Kissamos and Selinos, Irineos Galanakis, implement their bold idea to found the first multi-shareholder shipping company worldwide with modern, comfortable and decent ships.[4]

Therefore, on

  • 1967 April 10, ANEK LINES was founded with its head offices located at Chania
    • at the beginning only born Cretans could hold stocks in ANEK
  • 1970 The company's first F/B vessels KYDON started servicing the route Piraeus-Chania
  • 1973 The F/B's CANDIA and RETHYMO started servicing the route Piraeus-Iraklion
  • 1978 The F/B KRITI started daily servicing the route Piraeus-Chania[4]
  • 1987 The F/B "APTERA" started servicing the route Piraeus-Chania
    • New route Crete-Thessaloniki started (route closed then suddenly)[5]
  • 1989 The F/B's LATO & LISSOS started servicing the route Patras-Corfu/Igoumenitsa-Ancona[4]
    • New blue-yellow corporate identity introduced[4]
    • The F/B KYDON was sold.
  • 1992 ANEK´s new flagship the F/B EL. VENIZELOS started servicing the route Greece-Italy.
    • F/B TALOS started servicing the route Patras-Trieste
  • 1994 New route opened, Patras-Igoumenitsa-Bari, but already ceased the following year[5]
  • 1997 The F/B's KRITI I & KRITI II started new nonstop Patras-Ancona service[5]
  • 1998 Share-capital increase and Initial public offering (IPO) for the company's stocks in the Athens Stock Exchange
    • F/B "SOFOKLES V." starts operating the route to Northern Italy (Patras-Trieste)[4]
    • Take over some stakes in DANE[5]
  • 1999 The company's stocks started trading on the Athens Stock Exchange on 21 January 1999
    • ANEK LINES purchases 50% of the share-capital of LANE (Ag. Nikolaos), with the assignment of the F/B TALOS.
    • ANEK LINES merge with RETHYMNIAKI and integrate their ships F/B PREVELIS and F/B ARKADI into the fleet
    • ANEK LINES ITALIA s.r.l.was founded. ANEK LINES holds 51% of its shares
    • ANEK LINES buys 16,5% of NEL Lines[6]
    • ANEN was founded. ANEK LINES holds 20% of its shares
  • 2000 The F/B Lefka Ori was purchased, fully renovated and started servicing the route Patras-Ancona.
    • ANEK LINES increase it´shares to 41,9% of the share-capital of DANE
    • ANEK LINES buys 50% of the share-capital of ETANAP
    • ANEK LINES buys 62% of the share-capital of LEFKA ORI A.B.E.E.
    • Contract signed with the Norwegian shipyard Fosen Mek Shipyard for the shipbuilding of two new buildings (first time for ANEK) with delivery dates October 2000 & May 2001 with an option for two more.
    • Delivery of the newly constructed Olympic Champion servicing the route Patra - Ancona which completes the route Igoumenitsa - Ancona in 15 hours.
    • ANEK LINES increases its share-capital (25% = 9.5 billion drachmas / 27.88 million EUROs)
    • The F/B's Candia and Rethymno are sold
    • ANEK LINES increases its share-capital in NEL to 19,05%
  • 2001 Established online connections to the international booking systems START, MERLIN, AMADEUS and SIGMA
    • Delivery of the second newly constructed H/S/F Hellenic Spirit servicing along with the H/S/F Olympic Champion the route Patra - Igoumenitsa - Ancona reducing the travelling time from Igoumenitsa - Ancona to 15 hours.
  • The former Patras-Ancona operating ships, ´´KRITI I`` & ``KRITI II´´, were deployed then on Patras-Triest and Ravena-Catania (``KRITI I``)[5]
  • 2002 The F/B's KRITI I & KRITI II deployed on the Pireus-Heraklion service[5]
  • 2003 ANEK LINES set up a ro/ro operations called ANEK CARGO for the routes Piraeus–Heraklion, Patras–Bari and Patras–Venice[5]
  • 2005 in May ANEK sold it´s 16,5% shares in NEL Lines to Edgewater Holdings with a €0,5mio profit[7]
    • in November the F/B Aptera was sold with a €2.5m. net profit[7]
    • the new Patras-Venice route is added to the route to Northern Italy[4]
    • the construction of the company´s building is completed as well as the relocation of administrative services to the company-owned, functional establishment in Chania(Karamanli avenue former Souda Avenue)[4]
  • 2007 in February the company's latest establishment in Piraeus is inaugurated, housing the Directorate of Commercial

Exploitation, the Directorate of Technical Services and the Piraeus main agency[4]

  • 2008 in April the P/S-F/S "Prevelis" entered service on the Piraeus-Paros-Naxos-Ios-Santorini line[4]
    • in July 2008 the P/S-F/S "LISSOS" entered service between Piraeus and Chios-Mytilini[4]
    • in September 2008 the P/S-F/S "ELYROS" entered service between Piraeus and Chania[4]
    • in December 2008 ANEK was awarded a prize as "The Best Passenger Line of the Year 2008" during the 5th Greek Shipping Awards ceremony hosted by Lloyd’s List[4]
  • 2010 April, ANEK established a new subsidiary AIGAION PELAGOS THALASSIES GRAMMES SHIPPING COMPANY (Chania), to charter and operate the

east Aegean and specifically the Piraeus-Syros-Mykonos-Ikaria-Fourni–Samos route and in September this new company undertook the Heraklion route which it is servicing by chartering Parent Company’s vessels[8]

  • 2011 1 June, ANEK LINES started a 3-year joint service agreement with Attica Group (Superfast, Blue Star Ferries) for the route Patras–Igoumenitsa–Ancona and Piraeus–Irakleion under the name ANEK-Superfast. Therefore, ANEK deploy it´s ferry Olympic Champion from the Ancona service (now a joint venture operations with ANEK´s Lefka Ori and the Superfast VI and XI) to the Irakleio service (now a joint venture operations with Superfast XII).[4]
  • 2012 14 June,F/B LATO Deployed in the international line Bari - Durres in cooperation with Adriatica Lines for the summer season.
  • 2014 F/B IERAPETRA L. Deployed in the international line Bari - Durres in Charter from ANEK Italia for year-round service. A major engine-room fire on November 29, 2014 when underway with crew only aboard caused substantial damage to the ship which returned to Brindisi Italy. No injuries or fatalities occurred. The vessel is currently out of operation.[9]
  • 2014 Due to the 2014 Libyan conflict, Libya's Council of Deputies has been housed on the Anek's ferry Elyros which has been moored off the coast of Tobruk in eastern Libya.[10]
  • 2015 ANEK operates the Sophocles V as Kydon on the Piraeus-Chania. The Olympic Champion returns to the Adriatic, and the El. Venizelos operates in the Northern Aegean in order to transport Syrian refugees arriving in Chios and Lesvos.

Fleet(size 19, 8 cargo)

Currently operating

Ship name Flag Built IMO Callsign Tonnage Length Width Passengers Vehicles Knots Photograph
Kriti II Greece 1979 7814058 SZQW 27,239 GT 192 m 29.4 m 1,500 719 23 200px
Kydon Greece 1991 8916607 SWBZ 29,991 GT 192 m 27 m 1,500 703 25 200px
Hellenic Spirit Greece 2001 9216030[11] SYOA 32,694 GT 204 m 25.8 m 1,850 670 30 200px
Olympic Champion Greece 2000 9216028[12] SYWD 32,694 GT 204 m 25.8 m 1,850 670 30 200px
Prevelis Greece 1980 8020927 SYDL 15,354 GT 142.5 m 23.5 m 991 310 19 200px
Forza Italy 2010 9458523 IBWU 25,518 GT 199 m 26.6 m 1,000 700 24

Out of service

Ship name Flag Built IMO Callsign Tonnage Length Width Passengers Vehicles Knots Photograph
Kriti I Greece 1979 7814046 SZRD 27,239 GT 192 m 27 m 1,494 650 22 200px
El.Venizelos Greece 1984 7907673[13] SWWZ 58,661 GT 205.5 m 32.5 m 3,500 850 21 200px
Ship name Flag Built IMO Callsign Tonnage Length Width Passengers Vehicles Knots Photograph
Elyros Greece 1998 9178599[14] SVOM 38,261 GT 192 m 27 m 1,874 620 24 200px

Notes

  • Forza is on charter from Grimaldi Holding (not to be confused with Grimaldi Lines).

ANEK-Superfast

On June 8, 2011 ANEK Lines and Superfast Ferries created a joint venture in Piraeus-Heraklion and Patra-Igoumenitsa-Ancona routes with two RO-PAX ships in the first one (the ANEK-owned "Olympic Champion" and the Superfast-owned "Superfast XII") and three in the second one (the ANEK-owned "Hellenic Spirit" and the Superfast-owned "Superfast VI" and "Superfast XI").[15]

Routes

Affiliates

Companies that are affiliates of ANEK Lines (larger than 10%) are outlined below. ANEK Group:

  • ANEK HOLDINGS S.A. (Greece, Crete - Chania): 99,5% Tourism- participation in other companies- consulting, etc.[4]
  • ΑΝΕΚ LINES ITALIA srl (Italy, Ancona): 49%, Factoring and representation of shipping companies[4]
  • LANE S.A. (Lane Lines, Greece, Crete - Ag. Nikolaos):50,11%, Passenger ferry shipping[4]
  • AIGAION PELAGOS - THALASSIES GRAMMES SHIPPING COMPANY (Crete,Chania): 99,90%, Sailing company under Law 959/79[4]
  • T.C. SAILING (Greece, Crete - Chania): 97,5% Sailing company under Law 959/79[4]
  • ETANAP S.A. (Greece, Crete - Chania/Stylos): 50%, Production and distribution of bottled water[4]
  • LEFKA ORI S.A. (Greece, Crete - Chania/Stylos): 62%, Production and trade of plastic bottles and packaging products[4]
  • CHAMPION FERRIES L.T.D. (Marshal Island): 70%, Shipping[16]
  • Cooperative Bank of Chania: 0.01%[16]

Former affiliates and investments:

  • NEL Lines 16,5% (shares sold 2005 to Edgewater Holdings)[6]
  • DANE Sea Lines 41,87% (stop operations in August 2004 after financial difficulties)[17]

RETHYMNIAKI (took over and finally merged into ANEK LINES in 1999)[4] ANEN 19,36%

References

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  2. ANEK LINES, 2005 Annual Report, page 20
  3. [1][dead link]
  4. 4.00 4.01 4.02 4.03 4.04 4.05 4.06 4.07 4.08 4.09 4.10 4.11 4.12 4.13 4.14 4.15 4.16 4.17 4.18 4.19 4.20 Lua error in package.lua at line 80: module 'strict' not found.
  5. 5.0 5.1 5.2 5.3 5.4 5.5 5.6 Lua error in package.lua at line 80: module 'strict' not found.
  6. 6.0 6.1 Lua error in package.lua at line 80: module 'strict' not found.
  7. 7.0 7.1 ANEK Lines SA, 2005 annual report
  8. ANEK Lines SA, 2010 Press Release Financial Results 2010, page 2
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  16. 16.0 16.1 ANEK LINES, 2005 Annual Report, page 19
  17. [2][dead link]

External links