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Tag: Tallink | Ferry Shipping News

Apr 25
3

Tallink Q1: Results Affected by Economic Environment and Idle Vessels

By | 2025 Newsletter week 17 | No Comments

Tallink Grupp published its unaudited Q1 financial results.

Key challenges:

  • Low consumer and business confidence.
  • Difficult economic environment in home markets.
  • Ongoing global geopolitical tensions.
  • Extended docking periods.
  • Four idle vessels, significantly impacting results.

CEO Paavo Nõgene stated:

  • Excluding the impact of idle vessels, results are comparable to Q1 2019.
  • One idle vessel, passenger ferry STAR I, has been sold and handed over.
  • Docking is also an investment in technology and customer experience.
  • Positive feedback already for refreshed BALTIC PRINCESS.
  • Preparing for high season with special cruises and surprises planned.

Key figures:

  • Revenue: EUR 137.3 million.
  • Net loss for the quarter: EUR 33.2 million.
  • EBITDA: Negative EUR 3.8 million.
  • Investments: EUR 13.3 million — mainly for refurbishing BALTIC PRINCESS and SILJA SERENADE.
  • Loan repayments and interest: EUR 20.8 million in early 2025.
Apr 06
3

Tallink Sells STAR I to Irish Continental Group and Replaces Her with SUPERFAST IX

By | 2025 Newsletter week 14 | No Comments

Tallink has announced the sale of its ferry STAR I to Irish Continental Group (Irish Ferries). The vessel, previously operating on the Paldiski–Kapellskär route, will be replaced by SUPERFAST IX, which returns to service on April 12.

SUPERFAST IX had spent the past 15 years on a long-term charter in Canada, operating between Newfoundland and Sydney, Nova Scotia. It is currently undergoing preparations and repainting ahead of its deployment.

STAR I had already been on charter to Irish Ferries from June 2023 to February 2025, sailing under the names OSCAR WILDE and later JAMES JOYCE.

As JAMES JOYCE the ferry will enter service on the Dublin / Holyhead route during May.

Feb 02
1

Tallink cruiseferry sold

By | 2024 Newsletter week 05 | No Comments

AS Tallink Grupp subsidiary Hansalink Ltd, has made an agreement to sell the cruiseferry ISABELLE to a company within the Bridgemans Services Group Ltd.

Since 1 July 2023, ISABELLE has been on charter with the Bridgemans Floatel division, who have taken up a purchase option.  The vessel’s future lies in the floating accommodation sector.

The sale of the cruiseferry will have a positive impact on the 2024 financial results of AS Tallink Grupp.

The vessel is currently in dry-dock in North Vancouver for final refit.  Woodfibre LNG has selected the Bridgemans Floatel to house its project construction workforce in Howe Sound, British Columbia, beginning spring 2024.

Photo: Bridgemans

Jan 26
1

Tallink return to two-ship Tallinn – Stockholm service

By | 2024 Newsletter week 04 | No Comments

Tallink is to bring VICTORIA I back to the Tallinn – Stockholm route for summer 2024.  The cruiseferry will operate alongside BALTIC QUEEN to offer day departures in each direction from 31 May to 31 August.

This will be the first time since the pandemic that Tallink has offered a two-ship service on the Estonia – Sweden link.   VICTORIA I will also offer a number of cruises to Visby from Helsinki and Tallinn this summer.

VICTORIA I is currently operating the 22-hour cruise service on Tallink’s Tallinn – Helsinki route.  She is scheduled to return to this trade on 31 August 2024.  During her absence, the shuttle ferries MYSTAR and MEGASTAR will serve the route alone.

Commenting on the temporary route operations change, Tallink Grupp’s CEO Paavo Nõgene said:

“We saw customer demand increase on the Tallinn-Stockholm route for more frequent departures already in summer 2023, so this year we have decided to offer our customers what they have asked for during the summer peak travel season and give everyone the opportunity to travel between our two Nordic capitals more easily.”

Photo: Tallink/Marko Stampehl

Apr 14
0

Tallink’s vessels now using shore power in Tallinn, Helsinki, and Stockholm

By | 2023 Newsletter week 15 | No Comments

On Friday, 7 April 2023, Tallink Grupp’s shuttle vessel MEGASTAR started using high voltage shore connection facilities at the Port of Helsinki West Harbour while the vessel is berthed at the quayside overnight between departures.

Shore power is now used by Tallink Grupp’s vessels at the ports of Stockholm, Tallinn and Helsinki: fewer GHG emissions and less noise.

The company estimates that connecting the vessels to shore power facilities during their longer port stays reduces CO2 emissions of:

  • MYSTAR and MEGASTAR: each 112 tons/month (1,344 tons/y)
  • BALTIC QUEEN: 95 tons/month (1,140/y)
  • SILJA SYMPHONY and SILJA SERENADE: each 156 tons/month (1,872/y).

All five vessels using shore power during their longer port stays means that the company is reducing its CO2 emissions as a result by a whopping 7,572 tons per year.

Feb 24
0

Tallink back in black in 2022

By | 2023 Newsletter week 8 | No Comments

Tallink Grupp’s 2022 Unaudited Financial Results reveal a profitable year.

  • Full year profit of EUR 13.9 million (EUR 56.6 million net loss in 2021)
  • Consolidated revenue of EUR 771.4 million (EUR 476.9 million in 2021)
  • EBITDA of EUR 135.8 million (EUR 58.3 million in 2021)
  • Investments of EUR 203.3 million. EUR 176.7 million related to the new shuttle vessel MYSTAR.
  • 5 million Passengers (2.96 million in 2021).
  • 409,769 Freight units (369,000 in 2021)

The 2022 results were impacted by firstly the remaining Covid Travel Restrictions in force at the start of the year and then, more significantly, by the Ukraine War and resultant business cost increases.

Two ships are on long-term charters (ATLANTIC VISION and ROMANTIKA) and four on short-term charters (ISABELLE, SILJA EUROPA, GALAXY and VICTORIA I)

Report can be downloaded here
Nov 05
0

Tallink boosts Tallinn-Helsinki route capacity from November, adding 4 more departures per weekday to the route

By | 2022 Newsletter week 44 | No Comments

Tallink Grupp opened ticket sales for the brand new Tallinn-Helsinki route shuttle departures with its vessel STAR, which will be launched from 27 November, taking Tallink’s weekday departures on the route between the two Nordic capitals to a new record of  16 departures per day.

The new departures on shuttle vessel STAR are launched as the company’s brand-new vessel MYSTAR is nearing completion and will be launched on the route to operate in tandem with vessel MEGASTAR in the second half of November.

Sep 08
0

Keel laying of Scandlines’ emission-free Fehmarn Belt ferry

By | 2022 Newsletter week 36 | No Comments
  • 30 August 2022, Scandlines celebrated the keel laying of its new zero direct emission freight ferry PR24, under construction at the Cemre Shipyard.
  • The ferry will be inserted on the Puttgarden-Rødby route in 2024 as the first emission-free
  • In 2030, the entire route will be emission-free.
  • The new ferry can charge in just 17 minutes in Rødby. In 2019, Scandlines invested in a 50 kV / 25 MW power cable at Færgevej in Rødbyhavn. In spring 2023, work will start on extending this cable to the ferry berths, where a transformer and charging station will be installed.
  • Crossing time 70 minutes = emission-free
  • Crossing time 45 minutes = hybrid
  • Thus, the ferry can also be used as backup ferry for one of the four double-ended ferries.
  • The rebuilding of the terminals in Puttgarden and Rødby has already started.
  • Berth 1 in Rødby will be converted into a lay-up berth for all five double-ended ferries.
  • As PR24 will be transporting lorries on both the upper and lower decks – as it is currently the case on the ferries operating the Rostock-Gedser route – berth 1 in Puttgarden and berth 3 in Rødby must also be rebuilt. This work is expected to start later this year.

Data for zero-emission Scandlines freight ferry for the Puttgarden-Rødby route:

Length: 147.4 m

Breadth: 25.4 m

Design draft: 5.30 m

Freight capacity: 66 freight units (abt. 1,200 lane meters)

Max. number of passengers: 140

Service speed: 10 knots

Battery system: 10 MWh

Charging time in port: 17 minutes

Investment: 80 MEUR

Sep 08
0

Finnlines’ Superstar ro-paxes celebrate launching and keel laying

By | 2022 Newsletter week 36 | No Comments
  • Finnlines is building two Superstar ro-pax vessels.
  • The first vessel, FINNSIRIUS, was launched on 30 August 2022.
  • The keel laying of FINNCANOPUS, was celebrated on 1 September 2022.
  • The two ropax ferries will start to operate from Finland to Sweden and Åland Islands in 2023.

Environmental qualities

Emission reduction technology

Shore power connection

Exhaust gas abatement

Waste heat recovery

Battery pack

Air lubrication

Auto-mooring

Ballast water treatment system

Ship particulars FINNSIRIUS / FINNCANOPUS

Type of vessel : Cargo-passenger

Delivery: 2023

Ice class: 1A Super

Length, overall: 235.0 m

Gross tonnage: 64,600

Deadweight: 11,500

Lane metres: 5,100

Passengers: about 1,100

Passenger cabins: 323

Route: Finland–Sweden (Naantali–Långnäs–Kapellskär)