July 12, 2024
Executive summary
- Emission Neutrality Goal: Wasaline aims to operate emission-neutral by 2030, studying greener propulsion systems for their fleet.
- Success of Aurora Botnia: The low-emission ferry “Aurora Botnia” has seen significant success on the Umeå (Sweden) to Vaasa (Finland) route, with strong winter holiday bookings.
- Economic Impact: Favorable Swedish currency exchange rates have made trips to Sweden more attractive for passengers, especially for purchasing alcohol.
- ETS Benefits: Wasaline expects to benefit from the ETS (Emission Trading System), with efficient operations reducing CO2 emissions by 5% per voyage.
- Future Investments: Plans include converting engines to use methanol and increasing battery capacity, with local methanol production starting around 2026-2027.
- Cargo Challenges: Cargo volumes have been impacted by reduced paper exports and the cessation of Russian trade, but intermodal cargo by train is growing.
- Operational Efficiency: Wasaline focuses on efficiency with a small organization and innovative operational strategies.
- Sustainability Projects: Local methanol production and multimodal transport solutions are key to Wasaline’s future green operations.
- Biogas Operations: Wasaline plans to resume biogas operations for cargo transport, balancing fuel types to reduce emissions.
- Industry Leadership: Wasaline aims to lead the industry in green transport, investing in technology and infrastructure to eliminate fossil fuel use and reduce CO2 emissions.
