Tag

Tallink

Jun 12
Love3

Ferry Shipping Summit Podcast Returns with Stena Line Support

By 2026 Newsletter week 24

The Full Ahead Podcast, which gained significant visibility through its recordings at the Ferry Shipping Summit in Malmö, is preparing for its second series with the support of Stena Line.

Created by former shipping executive Alistair Eagles and broadcaster Nigel Thompson, the podcast has established itself as a platform for conversations with ferry and maritime industry leaders. The first series featured interviews recorded at the Ferry Shipping Summit, bringing together senior executives, port representatives and suppliers.

The podcast aims to showcase the people behind the maritime sector, highlight career opportunities both at sea and ashore, and challenge common misconceptions about the industry.

Jun 12
Love3

Tallink Exit Creates Capacity Crunch on Estonia–Sweden Freight Route

By 2026 Newsletter week 24

Spanish ferry operator Trasmed reported a 2025 EBITDA of EUR 21.5 million, up more than 70% year-on-year, while revenue increased 9.4% to EUR 165.4 million.

The Grimaldi Group subsidiary also reduced its debt by 66% and aims to be debt-free by 2027. According to the company, it expects to return to profitability in 2026.

In 2025, Trasmed carried more than 700,000 passengers and 339,394 freight units on its mainland Spain–Balearic Islands services.

The company highlighted its decarbonisation efforts, including the use of shore power in Barcelona, where CIUDAD DE PALMA has consumed more than 722 MWh of renewable electricity since March 2025. Trasmed says it has reduced emissions by 22,800 tonnes over the past two years.

Sep 19
Love3

Tallink Increased Passenger Numbers Over the Summer

By 2025 Newsletter week 38

Tallink Grupp carried nearly two million ferry passengers between June and August 2025.

  • This represents a 5%+ increase compared to the same period last year.
  • Estonia–Finland: Almost 1.3 million passengers, up 15%. Three ships operated instead of two.
  • Estonia–Sweden: Around 187,000 passengers, down 27%. Only one ship served the route versus two in 2024.
  • Finland–Sweden: Stable, with more than half a million passengers.
  • Passenger vehicles: 283,000, up by 5,000.
  • Freight volumes: Down nearly 11%, reflecting economic uncertainty.
Aug 08
Love3

Tallink Sells Cargo Vessel REGAL STAR

By 2025 Newsletter week 32

AS Tallink Grupp’s subsidiary, Tallinn–Helsinki Line Limited, has sold the RoRo ferry REGAL STAR to the Turkish company Ams Line Shipping Co.

The vessel was officially handed over to its new owner, 6 August.

“The sale supports efforts to align the size of our operational fleet with current market conditions. The decision to sell will not significantly impact our financial results for 2025,” said Paavo Nõgene, CEO of AS Tallink Grupp.

May 30
Love3

TALLINK Charters ROMANTIKA to Algeria’s Madar Maritime

By 2025 Newsletter week 22
  • AS Tallink Grupp confirms last week’s news
  • It has signed a nine-month charter agreement with Algeria’s state-owned Madar Maritime Company for the cruise ship ROMANTIKA.
  • The charter, starting Saturday 31 May, includes the vessel and technical crew.
  • The deal includes two optional six-month extensions.
  • CEO Paavo Nõgene highlighted the positive financial impact and the company’s adaptability: “Finding charter opportunities for ships not in use shows our flexibility in a changing economic environment.”
May 09
Love3

April Brings Passenger Growth for Tallink

By 2025 Newsletter week 19

In April 2025 AS Tallink Grupp transported:

  • +4.5% passengers = 416,468
  • +9.9% passenger vehicles = 59,770
  • -34.1% cargo units = 21,889

compared to the same period a year ago.

It’s very possible that the improved passenger and passenger vehicle figures for April 2025 are at least partly influenced by the timing of Easter.

Easter is a major holiday period for travel, especially in regions like the Baltics and Nordics.

In 2025, Easter Sunday fell on 20 April, whereas in 2024, it was on 31 March. That means the entire Easter holiday travel period was in April 2025, while in 2024 it mostly fell in March.

Apr 25
Love3

Tallink Q1: Results Affected by Economic Environment and Idle Vessels

By 2025 Newsletter week 17

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
Love3

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

By 2025 Newsletter week 14

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
Love1

Tallink cruiseferry sold

By 2024 Newsletter week 05

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