Finnlines News 1/2019

Total Page:16

File Type:pdf, Size:1020Kb

Finnlines News 1/2019 news a Grimaldi Group company 1/2019 On the front line of the R&D revolution High and heavy project cargo Shipping in Finland Efficient. Reliable. Sustainable. Contents Editorial 2 Stepping into an authentic LUX cabin 4 Star Club Loyalty Program – Convenient and easy 5 Shipping in Finland 6 Transporting project cargo, ”high and heavy” 7 Schedules 11–15 On the front line of the R&D revolution news he Grimaldi Group is riding a wave of Issue 1/2019 seq. no. 25 rapid technological change powered by research and development. Automisa- Editor in Chief: Finnlines tion, digitalisation and the development of Printed by: K-Print Temission-reduction technology will help push our industry towards a low-carbon future. Published by: Finnlines Plc Komentosilta 1 FINNLINES, WITH ITS ADVANTAGEOUS POSITION at FI 00980 Helsinki the heart of the Scandinavian high-tech cluster, is www.finnlines.com both contributing to and benefiting from this revolu- [email protected] tion. For a case in point, take the three ice-class Address changes: newbuildings earmarked for Finnlines from the www.finnlines.com/finnlines-news Group-wide orderbook. Not only will they be among Printed in April 2019. the largest ro-ros in the North Sea and Baltic, they Circulation: 15,500 copies will also benefit from battery technology currently being installed on two Group cruise-ferries in the Mediterranean: vessels that will boast zero emis- sions in port because they rely entirely on batteries recharged while underway. able Shipping Forum, an EU platform for elaborat- ing environmental solutions for our industry. We are also one of the 4 shipowners which founded the Global Industry Alliance (GIA), a new public- private partnership initiative of the world-level IMO organisation that aims to bring together maritime industry leaders to support an energy efficient and low carbon maritime transport system. IN VALENCIA, tugboats powered by hydrogen fuel cells are already interacting with our traffic. If this technology can be scaled up, hydrogen-based fuel could trigger a total redesign in engines, bringing online the first carbon-neutral ships. TECHNOLOGY is of course not a standalone solu- tion. Fuel savings are also the result of better man- agement. That’s why we apply environmental ship index calculations to measure our green footprint, using key performance indicators related to hy- drodynamics, punctuality, speed and trim, among other criteria. Without such measurements, there is no way of knowing if we are making progress. WE TRY TO ENSURE this energy-saving mentality permeates throughout the company. At internal meetings, routes, rotations and timetables are often re-examined to see if there is a more efficient option. We instruct masters on the best trim set- tings for certain manoeuvres. As for data, we are trying to increase its relevance by moving towards real-time monitoring: of gang performance, for example, ship speed profile, fuel consumption, propulsion power and other general parameters On the front line of the R&D revolution related to energy consumption. INNOVATIVE SOLUTIONS developed by Finnlines often become examples for the rest of our Group. Finnlines has a patent for a unique set of cargo THIS IS JUST ONE OF THE PROJECTS that will contrib- equipment that allows faster loading and unloading, ute to the fight against climate change by reducing thereby reducing time in port, and pollution. In Hel- consumption and thereby keeping bunker costs sinki, electricity now powers straddle carriers; this Technology is under control. To mention another case, Finnlines technology is ready to be rolled out to other ports. not a standalone is today about to order a ro-pax series which will Finnlines can also take advantage of Group set a new standard in their sector for reducing C02 economies of scale to optimise itineraries and solution. emission per tonne/kilometre. In order to reach this consumption, while maintaining cargo flexibility and target we are looking into hybrid solutions, batter- passenger comfort. ies, LNG as fuel, as well as the increased use of shoreside electricity, sometimes known as ‘cold OUR NEWBUILDS – part of a EUR 600 million invest- ironing’. ment programme that includes vessel lengthen- ing and retrofits – are set to rejuvenate the fleet ON R&D SIDE, meanwhile, we are supporting sev- further: younger ships bring higher environmental eral European Union projects such as “H2ports” standards. for hydrogen fuel cell technology application to The lengthened units will reduce CO2 emissions port operations and “Leanships” on energy saving on a tonne/kilometre basis. The vessel re-blading development through propeller pitch optimisation. programme, which helps ensure we do not con- By sharing knowledge across Europe, we can sume more fuel than we should, has already had a Emanuele Grimaldi learn from best practice and accelerate the pace similar, positive effect. CEO of change. The Grimaldi Group is one of only five ship-owners participating in the European Sustain- Happy reading! 3 Stepping into an authentic LUX cabin Finnlines attracted visitors fordable ferry trips for spring and summer. at the biggest travel fair The LUX cabin of the Star-class vessels that was on display on the second floor in Scandinavia. took many visitors by surprise and spurred them to get better acquainted with Finnlines The biggest travel event in Northern Eu- through videos and virtual reality headsets. rope, the MATKA Nordic Travel Fair 2019 Our team at the fair answered all questions and Caravan 2019 attracted over 61,000 and gave useful tips for easy travelling travellers to Helsinki’s Messukeskus Expo on a ro-pax vessel. The newly updated and Convention Centre in January. 988 ex- information-packed brochure received a hibitors from 86 different countries took part lot of attention. During the four days at the in the event, including Finnlines. The fair of- fair, nearly 4,000 brochures and Finnlines’ fered ideas for holiday trips and affordable giveaway bags were handed out. travel deals. According to a study made by Finnlines also stepped out of their own Kantar TNS a third of the visitors said they stand to once again organise a putting would book a trip based on the information competition for the smaller visitors at the they received at the fair. nearby Archipelago Sea common area. All At the Finnlines stand visitors’ travel and participants were rewarded with a Finnlines destination-related questions were an- safety vest. Little yellow-vested visitors swered by our team. All four service points were sighted here and there during the were in hard use with visitors booking af- public fair days. Giveaway bags and soft ice cream were offered to visitors, bringing a smile to everybody’s face. 4 Star Club Loyalty Program – Convenient and easy At this year’s fair the visitors were introduced to the completely renewed Finnlines loyalty program Star Club. A year ago the program’s visual appearance was revamped and during the summer of 2018 the operating system was updated to meet today’s demands. The basis for the update was to make the system more convenient for both club members and Finnlines personnel. The program was designed to be intuitive and easy to use. The new system is easy to use on various platforms, includ- ing mobile platforms, and is naturally up to par with all GDPR requirements. Club members can check and edit their personal details in the membership portal and view member-only offers and benefits. On request members receive a detailed summary of how and by whom their personal details have been reviewed or altered. Members also have the right to be forgotten, so that when they cancel their membership all personal data related to Star Club Loyalty the membership will be permanently removed. Program has more The updates have been well received and new members have than 55,000 members and the Driver’s Card joined the Star Club. At the moment, the consumer-targeted Star program for truck Club Loyalty Program has more than 55,000 members and, op- drivers has members in erating in the same system, the Driver’s Card program for truck the thousands. drivers has members in the thousands. 5 SHIPPING IN FINLAND About 90% of foreign trade is transported by sea and shipping is of high importance to the Finnish industry and welfare. In 2018, sea Finland Russia transport volumes rose to an all-time high – Finnish sea transport Sweden increased to a record level and was 103.8 million tonnes. Estonia Denmark THE BALTIC SEA Poland Germany IMPORT AND EXPORT* Great Britain THE NORTH SEA The Finnish economy continued to grow last year. The value of Finnish goods exports increased by 7 per cent and imports by 6 per cent in 2018. Belgium Imports, million tonnes Exports, million tonnes +8% +3% BAY OF BISCAY 47 51 51 53 Spain (2017) (2018) (2017) (2018) *Source: Finnish Customs, Finnish transport statistics (Traficom) SUSTAINABLE SHIPPING To combat the global warming, the International Maritime Organization, IMO, set ambitious levels for SOx, NOx, and CO2 emissions. SECA 1 Jan 2015 Global 1 Jan 2020 SOx 0.10% 3.50% 0.50% NECA 1 Jan 2021 Global By 2050 NOx from 2016 level CO2 from 2008 level at least -50% -80% 6 THE ECONOMIC VALUE OF THE FINNISH MARITIME CLUSTER** ** 2017 figures (Source: Total revenue of maritime cluster People employed University of Turku, Brahea operations increased to Centre – The Finnish in total Maritime Cluster project is funded by the European EUR Maritime and Fisheries Fund billion and Centre of Economic Development, Transport and 13.6 49,000 the Environment.) Finland Russia Sweden Estonia Finnlines operates in the Baltic Sea, the North Sea and the Bay Denmark THE BALTIC SEA of Biscay. Maritime transport is vital Poland to Finland’s foreign trade.
Recommended publications
  • Finnlines Annual Report 2019
    ANNUAL REPORT 2019 Contents Highlights 2019 2 CEO’s Review 4 CFO’s Review 6 Business concept, values and strategic goals 9 Business environment 1111 Shipping and Sea transport services 1313 Passenger services 1515 Port operations 1717 Environment and safety 1919 Human resources 2323 Financial Statements Board of Directors’ Report 2626 Consolidated statement of comprehensive income 3030 ConsolidatedConsolidated statement of financialfinancial position position 31 ConsolidatedConsolidated statement of changeschanges in equity 3232 Consolidated statementstatement ofof cashcash flows flows 33 33 Profit andand lossloss account,account, ParentParent Company 3434 BalanceBalance sheet, Parent Company 3535 Cash flowflow statement,statement, ParentParent Company 3636 Five-year keykey figures figures 37 CalculationCalculation of key ratios 3838 QuarterlyQuarterly data 39 Board’sBoard’s Proposal 4040 Auditor’sAuditor’s Report 4141 Corporate Governance Statement 4343 Board of Directors 4848 Executive Committee and Board of Management 4949 Finnlines fleet fleet 50 Contact information 5252 Operating areas 5252 The Grimaldi Group 53 Finnlines is a leading shipping operator of ro-ro and passenger services in the Baltic Sea, the North Sea and the Bay of Biscay. The Company’s passenger-freight vessels offer services from Finland to Germany and via the Åland Islands to Sweden, as well as from Sweden to Germany. Finnlines’ ro-ro vessels operate in the Baltic Sea, the North Sea and the Bay of Biscay. The Company has subsidiaries or sales offices in Germany, Belgium, Great Britain, Sweden, Denmark and Poland. In addition to sea transportation, the Company provides port services in Helsinki and Turku. Finnlines is a part of the Grimaldi Group, one of the world’s largest operators of ro-ro vessels and the largest operator of the Motorways of the Sea in Europe for both passengers and freight.
    [Show full text]
  • Regular Shipping Lines and Service Providers in 2018 Offi Ce Centre Merituuli, Kotka P.O.Box 196 FI-48101 Kotka, Finland Merituulentie 424, FI-48310 Kotka
    PORT OF HAMINAKOTKA Regular shipping lines and service providers in 2018 Offi ce Centre Merituuli, Kotka P.O.Box 196 FI-48101 Kotka, Finland Merituulentie 424, FI-48310 Kotka Offi ce Centre Kuorsalo, Hamina P.O.Box 196 FI-48101 Kotka, Finland A seaport for trade and industry Satamantie 4, FI-49460 Hamina Port of HaminaKotka is a modern Finnish seaport ideal for international trade and industry. Its close proximity to the border between the EU and Russia off ers the fastest, safest and most competitive route to and from Russia. With scheduled routes to key ports in the Baltic Sea region and Europe, the Port of HaminaKotka enables regular connections to the whole world. • haminakotka.com • sales@haminakotka.fi • tel. +358 (0)20 790 8800 Regular shipping lines 2018 LINER TRAFFIC TO AND FROM THE MUSSALO HARBOUR Destination Shipping line Frequency Type Liner agent Gdansk COSCO 1 x week container Stella Naves Rotterdam COSCO 1 x week container Stella Naves Bremerhaven-Hamburg Hapag-Lloyd 1 x week container Stella Naves Bremerhaven Teamlines 1 x week container Teamlines Hamburg Teamlines 1 x week container Teamlines Antwerp CMA-CGM 1 x week container Dahlberg’s Agency Rotterdam CMA-CGM 1 x week container Dahlberg’s Agency Wilhelmshaven- Maersk 1 x week container Dahlberg’s Agency Felixstowe Antwerp-Felixstowe Maersk 1 x week container Dahlberg’s Agency Rotterdam X-Press feeders 3 x week container Global Freight Solutions Oy Bremerhaven-Hamburg X-Press feeders 1 x week container Global Freight Solutions Oy Bremerhaven Unifeeder 2 x week container Dahlberg’s Agency Gdansk-Gdynia Unifeeder 1 x week container Dahlberg’s Agency Le Havre-Antwerp- MSC 1 x week container Dahlberg’s Agency Bremerhaven LINER CONNECTIONS OF THE HIETANEN RORO AND CAR TERMINALS Destination Shipping line Frequency Type Liner agent Antwerp Transfennica 2 x week conro Transfennica Paldiski Transfennica 2 x week conro Transfennica Gdynia Transfennica 1 x week conro Transfennica St.
    [Show full text]
  • Download Our Latest White Paper, Lean Maintenance Programs: How Creative Machining Solutions Can Help, At
    2005 MARCH COVER.qxd 3/2/2005 10:45 AM Page 1 March 2005 MARITIME REPORTER Cruise Shipbuilding AND ENGINEERING NEWS Italy Leads the Comeback www.marinelink.com Ship Safety SAFEDOR Launched Government Update Nontank Vessels Need Response Plans Investment in Design New Solutions for LNG Ships Navy X Marks the Spot New Products • Sea Technology • Tanker Market Report • Ships Store • SatCom Directory MR MARCH 2005 #1 (1-8).qxd 3/2/2005 11:58 AM Page 2 A Century of Navy Partnership Power Solutions When the Stakes are High More than a century ago, when the U.S. Navy wanted more precise targeting Call us to find out how our innovative and changed its aiming systems from hydraulic and steam-powered movement attitude can make you more successful to electric systems, Ward Leonard led the way, creating and installing the at 860-283-5801 world’s first multiple voltage system. The system played an important role in or visit us at www.wardleonard.com. the Spanish-American War. We’ve got answers. Today, as the U.S. Navy moves from hydraulic and mechanical systems to all electric, Ward Leonard is on station, innovating and partnering. We have just created an innovative, multi-protocol communications module that simplifies shipboard motor control management and reduces development costs while eliminating equipment duplications. Circle 288 on Reader Service Card MR MARCH 2005 #1 (1-8).qxd 2/28/2005 3:54 PM Page 3 ACCESS With C-MAP/Commercial’s CM-93 electronic chart database, you receive global coverage on one CD. Our 18,000+ electronic charts make navigating commercial vessels easier and safer than ever.
    [Show full text]
  • Freight Guide
    FinnLink traffic Kapellskär - Långnäs - Naantali FREIGHT GUIDE 2017/03 2 CONTENTS Finnlink transports 4 Timetable 4 Seafreight is comprised of 5 VAT 5 Reservations 6-7 Freight clearance 8 ISPS 9 Special transports 9 Dangerous goods 9-10 Forwarding services 11 Stevedoring 11-12 Vessels 12 Contact information 13 Långnäs 14 3 FREIGHT GUIDE DEAR FREIGHT CUSTOMER! Finnlines is a leading shipping operator of ro-ro and passenger services in the Baltic Sea and the North Sea and is part of Grimaldi Group. Finnlines Plc, FinnLink traffic specialises in sea transport between Naantali, Finland and Kapellskär, Sweden, we base our activities on the needs of freight traffic. We operate with two ropax vessels. This booklet contains information on how we operate. We hope that this guide will provide you with the necessary assistance in various freight-related matters. 4 FINNLINK TRANSPORTS: Road trains Lorries Trailers (semi-trailers) We do not transport: Caterpillar vehicles on deck Rolltrailers (MAFI trailers) TIMETABLE An up to date timetable can be found on the Internet at www.finnlines.com. Exceptions (dockings, seasonal traffic etc) occur regularly. 5 SEA FREIGHT IS COMPRISED OF Meter-prising (per every 1/2 meter) Vehicle fee includes driver ticket plus stay in 2 or 4 -person cabin, 2 meals and sauna Tonnage and port fees VAT 24% (if applicable) As well as surcharges eg. for oversized loads, dangerous goods, electrical connection, additional charges for special departures, bunker etc. VAT Companies registered outside of Finland: VAT 0%. Companies registered in Finland: all transports made within the EU are subject to VAT (24%).
    [Show full text]
  • BLÜCHER Marine References
    BLÜCHER Marine References Country Project Shipyard Owner Vessel Type Hull no. Year Argentina Frigate Naval Shipyard Frigate Frigate Refitting 2005 Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 361 2013 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 362 2013 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 363 2013 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 364 2013 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 365 2014 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 366 2014 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 367 2014 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 368 2014 Border Protection Service Protection Service Australia Australian Defence Civmec/ASC Australian Defence OPV OPV1 2019 Australia Australian Defence - ASC Shipyard Australian Defence Air Warfare Destroyer 2012 AWD Australia Australian Defence - LHD BAE Systems Australian Defence Landing Helicpoter 2012 Dock Australia Dick Smith Tenix Dick Smith Ocean Research Ulysses Blue 2005 Vessel Australia Esso West Tuna Esso Platform 1996 Australia HMAS Arunta BAE Systems Australian Defence ANZAC Frigate ANZAC 2019 Australia Jean de la Valette - Virtu Austal Ships Virtu Ferries High Speed Ferry 248 2010 Ferries Australia RNZN Tenix RNZN Ocean Research 42826 2006 Vessel Australia Taylor Bros.
    [Show full text]
  • The New Ro-Pax Class Will Contribute to Climate Fight
    news a Grimaldi Group Company 3/2018 THE NEW RO-PAX CLASS WILL CONTRIBUTE TO CLIMATE FIGHT SUSTAINABLE SHIPPING >> Modern GROWING WITH CUSTOMERS >> Reliable – IMPROVING CARGO HANDLING >> Efficient Contents Editorial 2 Emanuele Grimaldi awarded as Commander of the Order of the Lion of Finland 4 Community involvement in Finnlines 5 Finnlines’ actions in sustainable shipping 6 Six vessels 30 metres longer 7 Our ports – Uusikaupunki–Travemünde 8 FINNLINES TO BUILD NEW RO-PAX CLASS THAT Schedules 11–15 WILL CONTRIBUTE TO CLIMATE FIGHT THE BATTLE IS ON TO REDUCE CO2 EMIS- SIONS AND FOSSIL FUEL CONSUMPTION OVER A SHORT ENOUGH TIMESCALE TO ENSURE THAT OUR CHILDREN INHERIT A news WORLD IN ECOLOGICAL EQUILIBRIUM. Issue 3/2018 seq. no. 24 ithin our industry, the International Maritime Editor in Chief: Finnlines Organization has set the bar high: mandating an ambitious target of a 50% reduction in the Printed by: K-Print key greenhouse gas emission by 2050, com- Wpared with 2008 levels. Published by: Finnlines Plc Komentosilta 1 This is not the only toxic gas that we are collectively FI 00980 Helsinki seeking to reduce. Sulphur oxide emissions, too, must come www.finnlines.com down worldwide, and to this end regulators have decided press@finnlines.com the global fleet must from 2020 either use emissions abate- ment technology known as ‘scrubbers’ or run on cleaner fuel. Address changes: www.finnlines.com/finnlines-news At Finnlines we began preparing for these challenges several years ago. To comply with even tighter emissions Printed in November 2018. controls already in place in the Baltic and North Sea we Circulation: 15,500 copies kicked off a scrubber installation programme.
    [Show full text]
  • Tallink Grupp Is the Leading Short Cruise and Ferry
    TALLINK GRUPP IS THE LEADING SHORT CRUISE AND FERRY OPERATOR WWW.TALLINK.COM OVERNIGHT CRUISE & ONBOARD TAX-FREE CARGO GROUP OF STRONG BRANDS LEISURE & CITY BREAK 5 HOTELS PASSENGER TRANSPORTATION SHOPPING & CATERING TRANSPORTATION AS TALLINK GRUPP | Sadama 5/7 | Reg. Nr.:10238429 | Phone: +372 6 409 800 | Fax: +372 6 409 810 | E-mail: [email protected] | JULY 2018 | Investor Relations | E-mail: [email protected] | Phone: +372 640 9914 STRATEGIC PLAN WE OPERATE 7 ROUTES Tallink’s vision is to be the market pioneer in Europe by offering excellence in 5.5 m Other RUS Restaurant & shop Finland-Estonia leisure and business travel and sea transportation services 13% FINLAND LIT 2% 56% 36% 2% Turku Helsinki Long term objectives toward increasing the company value and profitability: LAT Mariehamn 4% SWEDEN Vuosaari Cargo - Strive for the highest level of customer satisfaction Kapellskär 12% - Increase volumes and strengthen the leading position on our home markets Swedish PASSENGERS Finnish Muuga 2017 Stockholm Tallinn - Develop a wide range of quality services directed to different customers and 12% 48% Paldiski 10.0 m ESTONIA REVENUE 2% Accom. REVENUE pursue new growth opportunities BALTIC SEA 1.3 m STRUCTURE 2% Leases BY ROUTES - Ensure cost efficient operations Estonian 3% Other Other - Manage the optimal debt level that will allow sustainable dividends 19% Riga Finland-Sweden 12% LATVIA 2.0 m Current focus is on core operations to realize past investments. Along with the 37% optimal fleet deployment the emphasis is on the profitability improvement and Ticket Swe-Est LITHUANIA 25% Swe-Lat 7% deleveraging.
    [Show full text]
  • 12120648 01.Pdf
    The Master Plan and Feasibility Study on the Establishment of an ASEAN RO-RO Shipping Network and Short Sea Shipping FINAL REPORT: Volume 1 Exchange rates used in the report US$ 1.00 = JPY 81.48 EURO 1.00 = JPY 106.9 = US$ 1.3120 BN$ 1.00 = JPY 64.05 = US$ 0.7861 IDR 1.00 = JPY 0.008889 = US$ 0.0001091 MR 1.00 = JPY 26.55 = US$ 0.3258 PhP 1.00 = JPY 1.910 = US$ 0.02344 THB 1.00 = JPY 2.630 = US$ 0.03228 (as of 20 April, 2012) The Master Plan and Feasibility Study on the Establishment of an ASEAN RO-RO Shipping Network and Short Sea Shipping FINAL REPORT: Volume 1 TABLE OF CONTENTS Volume 1 – Literature Review and Field Surveys Table of Contents .................................................................................................................................... iii List of Tables .......................................................................................................................................... vii List of Figures ......................................................................................................................................... xii Abbreviations ........................................................................................................................................ xvii 1 INTRODUCTION ............................................................................................................................. 1-1 1.1 Scope of the Study ................................................................................................................ 1-1 1.2 Overall
    [Show full text]
  • Finnlines News 3/2020
    news a Grimaldi Group company 3/2020 Transporting people into the future Goods crossing the Baltic Sea Maritime bridges to Sweden Efficient. Reliable. Sustainable. EDITORIAL WE HAVE DELIBERATELY CHOSEN THE PATH We survived the oil industrial products and the e-commerce Finnlines is holding a steady OF DIVERSIFICATION, which means that crisis of the 1970s, packages that Finnish citizens require. we carry all types of cargo on versatile ships: from paper to cars, trucks and the 2001 Twin Towers THESE EFFORTS WERE HOWEVER NOT course amid choppy waters trailers. And passengers. We have shock, and the 2008 REWARDED when state subsidies were avoided restricting ourselves to just one financial crisis. We will handed out to the shipping sector in sector, even when this has seemed the survive the pandemic too. recent months. Despite Finnlines being The world has entered a period of turbulence: geopolitical more financially attractive option. Ves- specialised in the most strategic niche of tensions; the pandemic; environmental challenges; market sel diversification increases reliability transportation (goods and passengers), because it works as a type of insurance; numbers have been hit particularly hard, other shipping companies specialised in upheavals. declines in one business sector can be dropping by more than 50% between cruising and duty free shopping, not usu- offset be more sturdy performances in January and September, and by around ally considered as strategic, took all the others. 70% on routes from Finland to Sweden. public subsidies. We would like to ask CONSEQUENCES VARY FROM REGION TO Finnlines has since 1947 played a vital what has been found strategical in those REGION, but we have already seen shocks in role supporting both national exporters and FINNLINES IS PART OF THE GRIMALDI BUT DESPITE DIFFICULTIES, WE HAVE NOT latter passenger leisure businesses, the energy markets; the automotive industry; importers.
    [Show full text]
  • Company Presentation February 2010 Tallink in Brief
    Company presentation February 2010 Tallink in brief Tallink is the leading European provider of leisure and business travel and sea transportation services in the Baltic Sea. Fleet of 19 vessels Operating four hotels in Tallinn Revenues EUR 792 million EUR 2 billion asset base 6,800 employees Over 8 million passengers annually 252 thousand cargo units annually Listed on OMX Tallinn – TAL1T Over 50 years of operating and cruising experience 2 Tallink business model Product offering 1-2 overnight cruises & passenger transportation Conferences Revenues structure (financial year 2008/09) Other 49,6% 7% 24,9% Cargo On-board Tax-Free Shopping City break 14% Restaurant & shops sales 54% Hotel & travel packages Cargo Transportation Ticket sales 43,3% 25% 12,4% 26,1% 3 The market Total market (passengers, millions) 18 16 9m 5m Aland-Sw e 14 12 Fin-Sw e 10 Sw e-Lat 8 1.5m 6 Sw e-Est 4 Fin-Est 2.6m 2 0 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Revenues structure 9 Tallink’s passenger volume development (financial year 2008/09) 8 Other 7 Lat-Swe 6% 6 6% 5 Fin-Ger 5% 4 Fin-Swe 3 44% Est-Swe 2 11% Tallink revenue structure 1 0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 4 Est-Fin 27% Market shares Passenger operations FIN - EST / Helsinki - Tallinn Linda Line 5% 3% 6% 7% 5% 4% 7% 7% 8% 5% 7% 7% 14% Nordic Jetline 13% 10% 20% 20% 25% 19% 18% 13% SuperSeaCat 15% 15% 25% 12% 11% 14% 15% 12% 22% Eckerö Line 19% 19% 20% 15% 15% 22% 16% Viking Line Tallink 55% On Estonia-Sweden & +3%* 50% -12%* +8%* 44% 45% 37% 39% 38% 42% 42% Latvia-Sweden routes Tallink is the only provider of short cruises and daily 2001 2002 2003 2004 2005 2006 2007 2008 2009 Passenger transportation FIN - SWE / Helsinki -Stockholm FIN - SWE / Turku -Stockholm 47% 47% 47% 45% 46% 43% Viking Line Tallink Silja 53% 53% 53% 55% 54% 57% 5 2007 2008 2009 2007 2008 2009 Highlights and milestones Revenues (m€) 800 Routes Finland-Sweden 700 Riga-Stockholm 600 500 St.
    [Show full text]
  • Growing with Finland
    news a Grimaldi Group Company 1/2018 GROWING WITH FINLAND EXTRA CAPACITY TO MEET GROWING DEMAND AND INCREASED ENERGY EFFICIENCY >> Modern >> Reliable >> Efficient Contents Editorial 2 Four ships 30 metres longer 4 Our new fair concept was a great success 6 Explore the Archipelago 8 The new ‘Our Ports’ series: Naantali–Kapellskär 8 Schedules 11–15 ACCOMPANYING FINLAND’S GROWTH THE NEWLY PUBLISHED FINNLINES ANNUAL REPORT REVEALS A SET news OF STRONG FINANCIAL FIGURES Issue 1/2018 seq. no. 22 AND ANOTHER MILESTONE IN Editor in Chief: Finnlines OUR COMPANY’S RETURN TO Printed by: K-Print PROFITABILITY. Published by: Finnlines Plc Komentosilta 1 FI 00980 Helsinki www.finnlines.com press@finnlines.com Printed in March 2018. Circulation: 15,500 copies OUR VESSELS, 18 OF WHICH ARE FINNISH-FLAGGED, CARRY THE MAJORITY OF FINLAND’S UNITISED, WHEELED IMPORTS AND EXPORTS. A POSITIVE RESULT FOR FINNLINES is good news in particular for Finland. Our vessels, 18 of which are Finnish-flagged, carry the majority of Finland’s unitised, wheeled imports and exports. These units contain everything and anything, from vegetables to toys and car parts. If we see volumes grow, trade in Finland and the Baltic region is healthy. Finnlines also employs over 1,600 people. HAVING DONE WELL IN THE LAST FEW YEARS, now is time to invest. To meet demand and even exceed it, we have brought in new capacity and have increased existing capacity via a ship lengthening programme. We recently announced the purchase of the Star class cruise-ferry Europalink from our parent, the Grimaldi Group. She has a capacity of 4,215 lane metres and 554 passengers and will be fitted with exhaust gas scrubbers in mid- March, as is standard for the Finnlines fleet.
    [Show full text]
  • Baltic Sea Vessels Rapidly Getting Cleaner
    Shipowners Finnlines has ordered three hybrid Ro-Ro vessels from the Jinling Shipyard Baltic Sea vessels rapidly in China. getting cleaner Shipping companies operating in Finland’s sea areas have rapidly reacted to requirements for cleaner shipping. In the coming years, dozens of highly advanced cargo and passenger vessels will be completed for the Baltic Sea. ne good example is m/s Aurora Botnia. Its construction will employ about 800 people This ropax vessel commissioned by for a year. The project is worth approximately EUR Wasaline will be one of the most envi- 120 million and the vessel is being built at RMC’s ronmentally friendly vessels in its class. Rauma Shipyard. The vessel’s four main engines will be Aurora Botnia will be the first passenger-car ferry Osupplied by Wärtsilä and will be able to run on both in the world that is qualified to carry Clean Design liquefied natural gas (LNG) and biogas. The vessel will notation. This is due to its hybrid system and electric use biogas produced in Vaasa from recycled materials, azimuth thruster system, which is “quite unusual” and also electrical shore power whilst in port. in passenger-car ferries. This new build was commissioned by Kvarken “RMC wants to provide its clients with cutting- Link, which is owned by the City of Vaasa and the edge end-to-end solutions that harness the latest City of Umeå. It is scheduled for completion in technology. To this end, we have launched R&D spring 2021. The vessel has a passenger capacity of collaboration with Aalto University,” says Jyrki 800 people and a cargo capacity of 1,500 lane me- Heinimaa, President & CEO of Rauma Marine tres for trucks.
    [Show full text]