Less Passengers? More Freight Capacity for Spirit of Tasmania

By | 2020 Newsletter week 43 | No Comments

In its Annual Report 2019/20, TT-Line Company Pty Ltd’s reported total revenue of AUS $270.7 million and an after-tax profit of $32.4 million.

Chairman Michael Grainger said the Company’s performance was adversely impacted by the pandemic.

  • Number of sailings: 842 (867)
  • Passengers 351,224 (446,869)

“The freight volumes carried by the Company for the year were the highest on record, due in part to the increased availability of lane metres on board the ships because of lower passenger requirements.”