October 8, 2020

Tallink: Freight Status Quo, Passengers Dropped Sharply

September

  • -1% Cargo Units 32,672 units (32,843 in September 2019)
  • -66% Passengers 243,215 passengers (718,354)
  • -25% Cars 62,138 vehicles (83,089)

Q3

  • -2% Cargo Units 91,578 (93,329)
  • -56% Passengers 1,314,301 (2,974,790)
  • -22% Cars 275,735 (353,725)

Paavo Nõgene, CEO of Tallink Grupp said that Tallinks business model needs cargo AND passengers. “Putting travel restrictions in place for passengers strongly affects the operators’ income base. This is why it is important that support mechanisms are put in place by the Finnish government, who has introduced the new restrictions, for all passenger ferry operators to ensure that cargo transportation can continue smoothly and without incurring losses.”