Tallink Grupp signed the refinancing agreement of the company’s syndicated loan, as a result of which the company will repay several significant loans taken in recent years.
Tallink Grupp has consistently reduced the company’s debts in recent years, repaying various loans in the amount of 110 million euros in 2022 and in the amount of 175 million euros in 2023.
Keeping The Goods Moving: Ensuring Critical Supply During A Pandemic
Very interesting interview with Håkan Fagerström, Group Head of Cargo at Tallink, in the newsletter of Nordic Investment Bank.
“The pandemic has changed both the ways that goods are transported and the types of products that travel between countries.”
Helsinki-based Nordic Investment Bank and Finnlines Plc have agreed a loan of EUR 30 million to finance the acquisition of three new hybrid cargo vessels.
The new hybrid cargo vessels will be equipped with high-powered battery banks and photovoltaics, which will allow the ships to use electricity and operate emission-free while docked. The vessels will be delivered during 2021–2022, and will operate on routes between Finland and Europe.
