Tallink Grupp 2025 Net Profit Exceeds EUR 17 Million
AS Tallink Grupp has published its unaudited financial results for the 2025 financial year. The Group’s earnings before interest, taxes, depreciation and amortization (EBITDA) totaled EUR 130 million, and net profit reached EUR 17.3 million. Tallink Grupp and its subsidiaries contributed EUR 97 million in taxes to the Estonian state budget, and the company plans to continue paying dividends in the current year. Nearly 5.5 million passengers traveled on Tallink vessels last year.“Just like in recent years, 2025 was filled with challenges.
Silja Symphony Passenger Vessel in for Service
The Tallink Silja Line passenger ship Silja Symphony will undergo regular technical maintenance from January 7 to 28, 2026.Silja Symphony will visit the BLRT shipyard in Klaipėda, Lithuania for a scheduled dry-docking. The ship's integrated automation system and navigation systems will be upgraded, and regular maintenance will be performed on her underwater parts.“At Tallink, we prioritize innovations that reduce fuel consumption and increase the efficiency of our ships because this directly reduces greenhouse gas emissions.
AS Tallink Grupp: First Quarter Net Loss Amounts to $37 Million
AS Tallink Grupp has published its unaudited financial results for the first quarter of the current financial year to the stock exchange. The net loss for the period amounted to USD$37.7 million (EUR 33.2 million).“The first quarter was undoubtedly challenging for the company. Consumer and business confidence remains low, with the economic situation in our home markets and ongoing global geopolitical tensions setting the tone. Additionally, extended docking periods and four idle vessels had a significant impact on our results,” said Paavo Nõgene, CEO of AS Tallink Grupp. “On the other hand, if we exclude the impact of the four idle vessels, our results are in line with those of the first quarter of 2019.
AS Tallink Grupp: Q1 Sees a Decline in Transportation
In the first quarter of the year, AS Tallink Grupp transported 970,359 passengers, which is 12% less than in the same period last year. There was also a decline in cargo and passenger vehicle transport volumes, as economic uncertainty persisted across the region and part of the fleet was either idle or undergoing extended dry-docking.“In addition to the usual seasonality, the first-quarter passenger numbers reflect the state of the economies in our core markets. Consumer confidence remains low," said Paavo Nõgene, CEO of AS Tallink Grupp. "Four vessels were out of service, and large-scale dry-docking had an impact on passenger numbers.
Sea Containers to Restructure Ferries Division
its ferries division and other matters. Background The company's ferries business is composed of three units. ferries, ro-pax ships, fast ferries and cruise ships. European waters other than in the Baltic. Manhattan. services to Estonia, the unsuccessful m.v. the Swedish market introduced by competitors. reputation for quality, with its core business remaining profitable. large measure to high fuel prices. recover the extra cost through fuel surcharges. earnings. capacity and reduced profits from low tax merchandise sales. Channel. loss in 2005 due largely to high fuel costs. such increases to a certain level before switching to cars, buses and trains. eliminate or greatly reduce the operating losses being incurred. to buy the business. controlled auction of Silja.
The Eagle Has Flown: Royal Caribbean's Voyager Of The Seas Raises The Bar For The Cruise Industry
Slipping out through the Finnish archipelago on a Sunday morning at the end of October, Voyager of the Seas cut a figure of unprecedented scale in the passenger ship sector, symbolizing both the surging growth in the cruise market and the fertility of the Finnish maritime technology cluster. The 137,200-gt cruise ship, whose towering superstructure and an air draught of 208-ft. (63.5-m) belies a relatively tender draft of just over 28-ft. (8.8-m), marks a new highpoint in the industry's unerring endeavors to foster long-term sustainable business development in the seagoing leisure sector. Although the shipbuilding price from Kvaerner Masa-Yards was around $500 million…
Great Ship - Voyager of the Seas
Slipping out through the Finnish archipelago on a Sunday morning at the end of October, Voyager of the Seas cut a figure of unprecedented scale in the passenger ship sector, symbolizing both the surging growth in the cruise market and the fertility of the Finnish maritime technology cluster. The 137,200-gt cruise ship, whose towering superstructure and an air draft of 208-ft. (63.5-m) belies a relatively tender draft of just over 28-ft. (8.8-m), marks a new highpoint in the industry's unerring endeavors to foster long-term sustainable business development in the seagoing leisure sector. Although the shipbuilding price from Kvaerner Masa-Yards was around $500 million…
Aker Yards Signs Refurb Contract
Aker Yards and Silja Oy Ab have signed a contract for modernizing the two passenger-car ferries Silja Serenade and Silja Symphony. The refurbishment includes renewing the vessels passenger areas to conform to the demands of the future The project will be managed by Aker Finnyards Lifecycle services, which offers comprehensive and cost efficient services to cruise and passenger ship operators. The refurbishment will be carried out in cooperation with partners. The Turku Repair yard offers facilities, and the project means work for several turnkey contractors.
