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Tag: AS Tallink Grupp | Ferry Shipping News

Aug 09
2

Is Nouris El Bahr Ferries more than a fata morgana?

By | 2024 Newsletter week 32 | No Comments

Nouris El Bahr Ferries?  

Indeed, the website of this unknown Algeria-based company says they will launch soon. A countdown is active.  

The shown vessel is Polferries’ CRACOVIA, currently laid up in Świnoujście, Poland. 

Nouris El Bahr, or “The Seagull”, intends to be a competitor to Algerie Ferries.  

On its Linkedin Page, the company says in French that “Our mission is to transform the maritime industry in Algeria and elevate it to an entirely new level, making every journey exciting and memorable!”.  

After Algerie Ferries suffered from multiple technical issues, with cancelled trips and laid-up vessels, and management reshuffles, irritation is growing. 

Jun 07
2

AS Tallink Grupp Statistics for May 2024

By | 2024 Newsletter week 23 | No Comments

FINLAND – SWEDEN

  • The May Finland-Sweden results reflect the operation of the Helsinki-Stockholm and Turku-Kapellskär routes.
  • Baltic Princess did not operate the Turku-Kapellskär route for 3 days in May.

ESTONIA – FINLAND

  • The May Estonia-Finland results reflect operations of the shuttle vessels of MyStar and Megastar as well as the operation of the cruise ferry Victoria I that started operating the cruise service from 12 October 2023.
  • From 31 May 2024, the cruise ferry Victoria I is operating the Tallinn-Stockholm route.

ESTONIA – SWEDEN

  • The May Estonia-Sweden results reflect the operations of the Tallinn-Stockholm and the Paldiski-Kapellskär routes by one cruise ferry and two cargo vessels until 31 May 2024.
  • Victoria I that was added to the Tallinn-Stockholm route on 31 May and will be operating the route until 31 August 2024.
Apr 05
1

AS Tallink Grupp Audited Annual Report of the 2023 Financial Year

By | 2024 Newsletter week 14 | No Comments

Transportation: In the financial year 2023, AS Tallink Grupp and its subsidiaries transported 5.7 million passengers, marking a 4.5% increase from the previous year. Passenger car transportation showed a positive growth of 2.6%, while the number of cargo units transported decreased by 20.9% compared to the previous financial year.

Financial Performance:

  • Revenue: The Group’s audited consolidated revenue reached EUR 835.3 million, reflecting an 8.3% increase year-on-year. Revenue from route operations, the core business, rose to EUR 645.8 million, up by EUR 16.9 million from the financial year 2022.
  • EBITDA: Audited EBITDA stood at EUR 214.5 million, significantly higher than EUR 135.8 million in the financial year 2022.
  • Net Profit: The unaudited net profit for the period surged to EUR 78.9 million, a substantial increase from EUR 13.9 million in the financial year 2022, up by 466.0%.

Source: Tallink Grupp investor relations

“As a result of almost a herculean effort, dedication, perseverance, commitment and many sacrifices, Tallink Grupp has achieved the near-impossible in 2023 and has risen like a phoenix from the ashes of the last four years of crises and challenges.”

Paavo Nõgene, Chairman of the Management Board

Feb 09
1

AS Tallink Grupp Statistics for January 2024

By | 2024 Newsletter week 6 | No Comments
  • 329,974 passengers (-2.4%)
  • 28,606 cargo units (+4.5% )
  • 50,234 passenger vehicles (-3.0%)

The January Estonia-Finland results reflect operations of the shuttle services of MYSTAR andMEGASTAR as well as the operation of the cruise ferry VICTORIA I that started operating the 22-hour cruise service from 12 October 2023.

The shuttle vessel Megastar did not operate on the route for 6 days in total due to scheduled maintenance.

The January Estonia-Sweden results reflect the operations of the Tallinn-Stockholm and the Paldiski-Kapellskär routes by one cruise ferry and two cargo vessels.

Sep 08
0

AS Tallink Grupp Statistics for August 2023

By | 2023 Newsletter week 36 | No Comments

In August 2023 AS Tallink Grupp transported

576,455 passengers, which is a 4.4% decrease compared to August 2022.

The number of cargo units decreased by 26.0% to 26,281 units and the number of passenger vehicles by 2.6% to 86,794 units year-on-year.

FINLAND – SWEDEN (Helsinki-Stockholm and Turku-Stockholm)

The cruise ferry GALAXY I stopped operating on the Turku-Stockholm route in September 2022 due to a charter contract.

ESTONIA – FINLAND (Shuttle services of MYSTAR and MEGASTAR)

The cruise ferry SILJA EUROPA stopped operating on the Tallinn-Helsinki route in August 2022 due to a charter contract.

ESTONIA – SWEDEN (Tallinn-Stockholm and Paldiski-Kapellskär)

Aug 04
0

AS Tallink Grupp Statistics for July 2023

By | 2023 Newsletter week 30 | No Comments

In July 2023 AS Tallink Grupp transported 797,846 passengers, which is an 11.1% decrease compared to July 2022.

The number of cargo units decreased by 27.8% to 23,597 units and the number of passenger vehicles by 1.5% to 125,118 units year-on-year.

It must be noted that Tallink has several ships chartered out, which affected the capacity on the own routes.