AS Tallink Grupp reported solid growth across all key segments in January 2026.
The figures confirm a strong start to the year, with cargo growth again outpacing passenger volumes.
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AS Tallink Grupp transported 377,163 passengers in November 2025, up 1.9% year-on-year.
Cargo units fell 7.3% to 19,846, while passenger vehicles decreased 1.0% to 46,636.
Finland – Sweden
Estonia – Finland
Estonia – Sweden
A year earlier, the Paldiski–Kapellskär route was operated by two cargo vessels: SAILOR and REGAL STAR
Source: Tallink
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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.
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.
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
AS Tallink Grupp: Outlook Optimistic After Though Q1
Q1, 2025
-12% passengers (970,359)
-32% cargo units (57,830)
-11% passenger vehicles (135,829)
In January 2025 AS Tallink Grupp transported
Source: Tallink Grupp
