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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. -
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. -
The Finnish CONNECTION the Saimaa Canal a Great Lakes Maritime Research Tour to the Baltic Sea Finds Many Shared Interests
The Finnish CONNECTION The Saimaa Canal A Great Lakes maritime research tour to the Baltic Sea finds many shared interests The Great Lakes delegation to Finland included (from left) Stacey Carlson, Research Assistant, and Richard Stewart, Co-Director of the Great Lakes Maritime Research Institute; James Frost, Senior Consultant with Halifax-based CPCS Transcom; Adolf Ojard, Executive Director of the Duluth Seaway Port Authority; Craig Middlebrook, Deputy he Great Lakes and the Baltic Sea have Administrator of the Saint Lawrence Seaway Development Corporation; and Dave Knight, Special Projects Manager a strong – and multi-dimensional - for the Great Lakes Commission. Tmaritime kinship.Both water bodies represent vital marine trade routes that helped define their respective regional economies and cultures. Both play strate - gic geopolitical roles on their respective con - tinents. The two share many physical similarities such as relative size, climate, hy - drography and topography. And both share a number of pressing environmental issues including ballast-borne invasive species, the threat of toxic spills, non-point source pol - lution and nutrient loading. Even the salinity difference is not as pro - nounced as many might think; while the Baltic is technically “brackish,” its salinity is much lower than ocean water and in some reaches with heavy tributary inflow Applied Sciences in Kotka, Finland, initially Centre of Finland and Kymenlaakson Uni - the water is almost as fresh as the Lakes. began sharing information in June of 2007 versity. Thus it was only natural that when two on project work Rytkönen has done in - Over a five-day period, the six-member maritime researchers met in 2007, one from volving vessel tracking and automated iden - Great Lakes delegation travelled from its the Baltic nation of Finland and the other tification system (AIS) technology. -
Seatec International Maritime Review 2/2014
International Maritime Review The French Connection Finnish companies are actively involved in building Oasis 3 Mein Schiff 3 First TUI cruiser delivered from STX’s Turku shipyard seatec.fi/magazine smm-hamburg.com 53° 33‘ 47“ N, 9° 58‘ hamburg 33“ E keeping the course 9 – 12 september 2014 HAMBURG the leading international maritime trade fair new in 2014: THE3-- THEMEDAYS SEPT fi nance day SEPT environmental protection day SEPT security and defence day SEPT offshore day SEPT recruiting day scan the QR code and view the trailer or visit smm-hamburg.com/trailer DNV GL In the maritime industry DNV GL is the world’s leading classification society and a recognized advisor for the maritime industry. We enhance safety, quality, energy efficiency and environmental performance of the global shipping industry – across all vessel types and offshore structures. We invest heavily in research and development to find solutions, together with the industry, that address strategic, operational or regulatory challenges. SAFER, SMARTER, GREENER editorial seatec 2/2014 COME TOGETHER PUBLISHER The Finnish marine cluster is certainly an interesting industry. Presently, PubliCo Oy it has been reported that the German shipyard Meyer Werft is looking Pälkäneentie 19 A FI-00510 Helsinki to buy the Turku shipyard from its South Korean owner, STX Europe. Finland According to the plans, also the State of the Finland would be involved Phone +358 9 686 6250 [email protected] in a small ownership role, helping to secure the deal. www.publico.com The Finnish marine cluster is finding other ways to cope in a brave new world, too. -
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. -
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%). -
Public the Risk Reducing Effect of VTS in Finnish Waters Deliverable No. D WP6 5 01 Date
Title Efficient, Safe and Sustainable Traffic at Sea Acronym EfficienSea Document Access: Public The Risk Reducing Effect of VTS in Finnish Waters Part A: The Risk Reducing Effect of VTS in Open Water Part B: The Risk Reducing Effect of VTS in Winter Navigation Deliverable No. D_WP6_5_01 Date: 21.10.2011 Contract No. 013 efficiensea.org Part-financed by the European Union Public DOCUMENT STATUS Authors Name Organisation Kati Westerlund Finnish Transport Agency Reviewing/Approval of report Name Organisation Signature Date Tommi Arola FTA Tuomas Martikainen FTA Document History Revision Date Organisatio Initials Revised Short description of n pages changes 1 19.11.2010 FTA First draft of Part A 2 30.11.2010 FTA Part A: Corrections, diagrams, additional text 3 31.03.2011 FTA Appendix 4 Part A: Additional statistics and text 4 06.04.2011 FTA First draft of Part B 5 05.07.2011 FTA Front page Combined two reports 6 21.10.2011 FTA Combined common parts of Part A and Part B. Combined the text ‘Background’ from both reports to the one single. efficiensea.org Part-financed by the European Union Public Abbreviations/Definitions AIS Automatic Identification System COLREG Convention on the International Regulations for Preventing Collisions at Sea CPA Closest Point of Approach DW Deep Water (Route) DWT Dead Weight Tonnes GOFREP The Mandatory Ship Reporting System in the Gulf of Finland OOW Officer of the Watch SRS Ship Reporting System TSS Traffic Separation Scheme TSZ Traffic Separation Zone VTS Vessel Traffic Service VTT Technical Research Centre of Finland (Teknologian tutkimuskeskus VTT; Valtion Teknillinen Tutkimuslaitos until 1st December 2010) efficiensea.org Part-financed by the European Union Public TableofContents Abbreviations/Definitions ....................................................................................... -
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. -
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. -
Passion News 1 2018 Sivut.Cdr
Aker Arctic Technology Inc Newsletter March 2018 Arctic PassionNews 1 / 2018 / 15 First luxury Arctic LNGs hipments icebreaking cruise commence vessel Page 10 Page 3 New Chinese polarr esearch vessel under construction Page 7 Aker Arctic Technology Inc Newsletter March 2018 In this issue Dear Reader, Page 2 From the Managing Activity in the global shipping and While you are reading this magazine, Director shipbuilding market continues to be at a LNG shipments are going at full pace Page 3 First luxury low ebb, as it also is in offshore activity from the Sabetta terminal. The operation icebreaking cruise related to the oil and gas industry. to bring these first-ever Arctic LNG vessel However, some new and remarkable carriers on line has been a success. things are happening with ships intended Not many major LNG production projects Page 6 Expert in adventure for use in icy conditions. have started on time and able to deliver expeditions The announcement in December by their planned capacity of LNG to the Page 7 New Chinese polar French cruise operator PONANT that market. So far, over a million tonnes of research vessel they are planning to build an icebreaking LNG has been loaded from Sabetta on under construction cruise vessel introduced a completely the first four arctic LNG carriers. This also Page 10 Arctic LNG new vessel type to the world. At the same demonstrates their capability to break shipments time, we revealed that we had been through the ice and bring results for commence working in close technical co-operation for Yamal LNG. -
POHJOLAN VOIMA Annual Report 1999 CONTENTS
POHJOLAN VOIMA Annual Report 1999 CONTENTS Key figures for the Group 1999 4 Company Structure, 1 April 2000 5 Production and services 6 Review by the President of Pohjolan Voima Oy 8 Review by the President of PVO-Palvelut Oy 10 Strategy outline 12 Pohjolan Voima, environment and society 14 Events in 1999 17 Production 18 Services 25 Environmental year 1999 32 Administration 34 Accounts for 1999 Review by the Board of Directors 36 Consolidated Profit and Loss Account 39 Consolidated Balance Sheet 40 Consolidated Cash Flow Statement 41 Profit and Loss Account of Parent Company 42 Parent Company Balance Sheet 43 Parent Company Cash Flow Statement 44 Accounting Policies 45 Notes to the Accounts 46 Notes to the Balance Sheet 48 Report of the Auditors 58 Information on Shares 59 Management 60 Adresses 62 The Annual General Meeting The Annual General Meeting of Pohjolan Voima Oy will be held on Thursday, 27 April 2000 at 10 am in Mikonkatu 15A, 00100 Helsinki. P o h j o l a n V o i m a 2 CHANGE IS AN OPPORTUNITY. CHANGING IS ESSENTIAL. OPERATING IDEA Ability and long-term commitment are re- As a whole, Pohjolan Voima will be de- The Pohjolan Voima Group is a privately- quired to ensure future operating conditions veloped into an international operator, able owned group of energy sector companies, in the energy field. to offer its shareholders and other customers which generates and purchases power In 1999, Pohjolan Voima’s energy gen- competitive energy solutions, through a wide and heat for the shareholders. -
People. Passion . Power
PEOPLE. PASSION. POWER. A Special Edition Generations People, passion, and power When you set out to write a book, you should always know why. Writing a book is a big job, especially when there is a big story to tell, like the one of innovation in ABB’s marine and ports business. When we decided to produce a spe- is our motivation, and the catalyst to cial edition of our annual publication growth in our industry. Generations, it was to acknowledge Though we live and work on the customers who have served as the leading edge, we recognise that our inspiration, to share the ABB spirit lessons learned along the way have of striving to learn, develop and innov- formed the foundation for ABB’s ate, but also to say thank you to the current success. By sharing these people who have worked to make our lessons, we hope to raise the under- success possible. standing of our unique approach to Innovation can be defined as marine and ports innovation. The mar- something original and more effective ine and ports segment also reflects and, as a consequence, something ABB’s corporate history, with its roots new that ‘breaks into’ the market. in the national industrial conglomer- Innovation can be viewed as the ap- ates of four countries, merging and plication of better solutions that meet emerging with the goal of becoming new requirements or market needs. ‘One ABB’. This is achieved through more effect- We hope you enjoy reading about ive products, processes, services, the remarkable people of ABB’s mar- technologies, and ideas.