Aria e Mare: One Booking, Two Modes

By | 2025 Newsletter week 31 | No Comments

Air Corsica and CORSICA linea have launched a joint offer called Aria e Mare, allowing Corsican residents to combine air and sea travel in a single booking. Travellers can fly one way (Marseille or Nice–Corsica) and return by ferry (Marseille–Corsica), or vice versa.

The offer is tailored to resident needs and simplifies round trips between the island and the continent.

More info

Tallink Grupp: Signs of Recovery in Q2

By | 2025 Newsletter week 30 | No Comments

Tallink transported 1.49 million passengers in Q2 2025 – a 2.5% increase year-on-year – signalling renewed trust and travel appetite. However, freight volumes dropped 22.8%, highlighting continued pressure in that segment.

Q2 Revenue: €207 million

EBITDA: €37.4 million

Net Loss: €2.5 million (incl. €11m dividend tax)

CEO Paavo Nõgene points to seasonality, reduced idle vessels, and strategic moves like the sale of STAR I and chartering of ROMANTIKA as positive signs for recovery.

Despite a challenging first half – with passenger volumes down 3.8% and a net loss of €35.7 million – investments in fleet renewal (€22m) and debt reduction signal a long-term commitment to resilience and shareholder value.

Maintenance of BALTIC PRINCESS and SILJA SERENADE accounted for 68 days out of service, part of the group’s strategy to extend asset life and improve passenger experience.

Tallink stays the course with a clear focus: optimising operations, reducing debt, and returning to profitability.

AS Tallink Grupp Statistics for March and Q1 2025

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March 2025

-21% = 322,717 passengers

-30.1% = 20,737 cargo units

-11.9% = 47,776 passenger vehicles

The year-on-year change in the volume of passengers and vehicles transported should be evaluated taking into account the impact of Easter holidays, which in 2024 were in March.

Q1

-12% = 970,359 passengers

-31.9% = 57,830 cargo units

-10.9% = 135,829 passenger vehicles

https://res.cloudinary.com/as-tallink-grupp/image/upload/grupp/documents/traffic-volumes/2025/2025-03-traffic-volumes-en.pdf

FINANCE

By | 2025 Newsletter week 14 | No Comments

AS Tallink Grupp: Outlook Optimistic After Though Q1

Q1, 2025

-12% passengers (970,359)

-32% cargo units (57,830)

-11% passenger vehicles (135,829)

  • Q1 passenger numbers reflect the state of the economies in Tallink’s core markets with low consumer confidence.
  • Four vessels were out of service.
  • A large-scale dry-docking had an impact on passenger numbers.
  • A significant factor was also the timing of Easter, which fell in March last year and resulted in tens of thousands more passengers during the same period.

Summary of Tallink Grupp’s 2024 Statistics

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 Passenger Statistics (2024 Full Year)

    • Total passengers: 5,580,016 (↓ 2.2% compared to 2023).
    • Route-specific changes:
      • Estonia-Finland: ↑ 5%.
      • Estonia-Sweden: ↑ 0%.
      • Finland-Sweden: ↓ 4%.
    • Passenger Vehicles (2024 Full Year)
      • Total vehicles: 777,592 (↓ 7.5% compared to 2023).
      • Route-specific changes:
        • Estonia-Sweden: ↑ 8%.
        • Estonia-Finland: ↓ 6%.
        • Finland-Sweden: ↓ 2%.
      • Cargo Statistics (2024 Full Year)
        • Total cargo units: 303,234 (↓ 6.4% compared to 2023).
        • Route-specific changes:
          • Finland-Sweden: ↑ 4%.
          • Estonia-Finland: ↓ 1%.
          • Estonia-Sweden: ↓ 6%.
        • CEO’s Comments
          • Acknowledged challenging economic conditions, including EU taxes and low consumer confidence.
          • Expressed optimism for moderate economic recovery in 2025 to support trade revival.
          • Plans to continue ship charters and maintain stable dividends for investors.

 


AS Tallink Grupp Statistics for December and Q4 (2024)

In December (2024) AS Tallink Grupp transported:

460,786 passengers (-6.2%)

18,851 freight units (-16.3%)

57,955 passenger vehicles (-2.7%)

 

In Q4 (2024) AS Tallink Grupp transported:

1,310,014 passengers (-2.2%)

64,606 freight units (-15.2%)

164,586 passenger vehicles (-4.8%)

Source: https://company.tallink.com/for-investors/reports-and-financial-key-figures

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.