AS Tallink Grupp Appoints Peep Jalakas as New CEO
The Supervisory Board of AS Tallink Grupp has appointed Peep Jalakas as the new Chairman of the Management Board of the Group. His term will begin on April 6, 2026, and will last for three years. As of tomorrow, February 27, Margus Schults will step down from the Group’s Management Board and will continue working in the company as the head of the Finnish unit. Jalakas has been a member of the Management Board of AS SEB Pank and Head of Corporate Banking since 2023. Over the past 20 years…
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.
Tallink Shuttle to Run Entirely on Renewable Energy
Tallink's shuttle ships on the Tallinn–Helsinki route are making a big leap towards using cleaner fuel, soon to be fully powered by renewable energy. In January, 74% of the fuel used by Megastar and MyStar was liquefied biomethane (LBM). The company aims to replace its entire LNG demand with liquefied biomethane in the near future."The Megastar and MyStar, which operate with the busiest schedule between Tallinn and Helsinki, are real examples of how cleaner maritime transport is not just a topic for the future, but a reality today.
Tallink Passenger Numbers Remained Stable in 2025
AS Tallink Grupp has published the Group’s passenger and cargo statistics for the fourth quarter and December 2025 to the stock exchange. Compared to the same period in 2024, passenger numbers decreased by 0.3%. During the holiday season in December, passenger numbers grew by 0.2%. For the year as a whole, results stabilized at the level of 2024.“2025 was full of challenges, ranging from the generally unfavorable economic climate in the region to weak consumer confidence. Our results are particularly affected by the situation in our largest market, Finland.
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.
Regal Star Cargo Vessel Changes Hands
Tallink Grupp’s subsidiary, Tallinn–Helsinki Lin, has sold the cargo vessel Regal Star to the Turkish company Ams Line Shipping.The vessel was officially handed over to its new owner on August 6, 2025, and the details of the transaction have not been disclosed.In April, following the sale of passenger vessel Star I, the Paldiski - Kapellskär route began operating with Superfast IX, which returned from long-term charter service in Canada.Regal Star previously served on the same route mainly as a cargo vessel…
Tallink’s Passenger Numbers on the Rise
Tallink Grupp transported 1,488,128 passengers with its vessels in the second quarter of 2025, marking a 2.5% increase compared to the same period last year.In June alone, passenger numbers rose by 4.9%, reaching 598,977.Growth in passenger numbers was led particularly by the Estonia–Finland route, which saw a 4.9% increase over the quarter and a notable 14.8% surge in June. The Finland–Sweden route experienced steady growth of 2.8% in Q2. The 10.9% decline in passenger numbers…
Tallink Charters Cruise Ship to Algeria
AS Tallink Grupp has signed a charter agreement with Algeria’s state-owned company Madar Maritime Company for the cruise ship Romantika.Romantika will be chartered along with its technical crew for nine months starting Saturday, May 31. The agreement includes an option to extend the charter for two additional periods of six months each.Romantika has previously operated in the Baltic Sea on routes to Helsinki, Stockholm, and Riga. Built in Finland in 2002, it was the first ferry commissioned by Tallink and the first built specifically for an Estonian shipping company.A few weeks ago…
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.
Tallink Silja Line: New Cooperation with John Nurminen Foundation Protects Baltic Sea
Tallink Grupp has entered into new cooperation agreement for 2025 with Finnish non-profit organisation John Nurminen Foundation, whose activities are aimed at protecting the Baltic Sea. In 2025, about USD $0.20 (EUR 0.20) from each Captain’s chocolate bar sold onboard company’s vessels will be donated to the foundation towards key partnership projects aimed at saving the Baltic Sea, its environment and culture. Tallink Grupp’s travel retail subsidiary, Tallink Duty Free, is in its third year of partnering with the foundation.
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.
Rauma Shipyard Launches Second RoPax Ferry for Tasmania
Finnish shipbuilder Rauma Marine Constructions celebrated the launch of the Spirit of Tasmania V, a the second of two new car and passenger ferries for the Tasmanian TT-Line Company.The vessel’s godmother is Her Excellency the Horourable Barbara Baker, Governor of Tasmania.The vessels will operate between Geelong and Devonport on Australia’s Bass Strait, a route known for its challenging sea conditions. The ferries will replace their sister ships built in Finland in the 1990s.
Meyer Turku Highlights Environmental Achievements
Meyer Turku has outlined some of the highlights of its environmental policy developments, noting that it has used only certified carbon neutral electricity since 2018. Starting from 2023, also all district heating used the shipyard has been carbon neutral.“We are lucky to partner with Turku Energia who is able to supply up-to-date electricity and heating solutions. The impact we make together is big and encourages us further with our sustainability ambitions. This decision showcases our deep-rooted values and our forward-thinking approach and commitment to embracing cleaner energy solutions.
Silja Symphony Adopts nauticAi Log Electronic Logbooks
Northern Baltic Sea ferry operator Tallink Grupp, which operates vessels under the Silja Line and Tallink brands, has selected the Finnish-developed nauticAi Log type approved electronic record book for its fleet of ships, with the Swedish-flagged cruise ferry Silja Symphony as the first one to go paperless. “We switched to paperless engine logbooks here on Silja Symphony from 1 June and feel that this is a good step towards even more modern and digitalised operations as well as our overall sustainability goal of going paperless.
Silja Europe Propulsion Control Makeover Aims to Save 6% on Fuel
Qtagg recently secured an order on a total upgrade of Silja Europa’s propulsion control system, a makeover designed to decrease the ship’s fuel consumption by 6% and CO2 emissions by 2096 tons yearly, according to the manufacturer. The overhaul includes engine speed governors, fuel rack actuators, pitch control and voyage optimization with EcoPilot.At 59,912 gt, Silja Europa is Tallink’s largest cruise vessel. Until the summer of 2022 it operated on the Baltic Sea, between Helsinki (Finland) – Tallinn (Estonia).
RMC Begins Building Spirit of Tasmania RoPax
Finnish shipbuilder Rauma Marine Constructions said it has started building the first of two new car and passenger ferries for Spirit of Tasmania (TT-Line Company). The construction of the Spirit of Tasmania IV, set to operate between mainland Australia and Tasmania, kicked off with a traditional steel cutting ceremony.“Although the actual construction of the first ferry started today, RMC and Spirit of Tasmania already have a long history. The pandemic, among other things, disrupted our plans, but the agreement for the vessels was re-signed in 2021.
Tallink Charters Out Additional Vessel to COP26
Tallink Grupp announced it recently signed a charter agreement for its Latvian-flagged cruise vessel Romantika, which has also been hired to provide accommodation at the 26th United Nations Climate Change Conference of the Parties (COP26), taking place in Glasgow, Scotland on October 31– November 12.Several weeks ago, the company said it signed a charter agreement for its Tallinn-Helsinki route cruise vessel Silja Europa to provide accommodation services at the global climate conference in Glasgow from October 21 to November 14.
ABB to Fit Tallink's Ferry Megastar with Shore Connection
ABB’s shore connection solution will allow Tallink shuttle vessel Megastar to plug into the local grid for quiet and emission-free overnight layovers in the Port of Tallinn.Fueled by low-emission liquefied natural gas (LNG), passenger and car ferry Megastar makes three return journeys between the Estonian and Finnish capitals per day, with an overnight stay in Tallinn where it needs to keep generators running to ensure energy availability for onboard systems. With ABB’s shore connection solution…
ABB Software to Unlock Energy Savings for Tallink’s New Ferry MyStar
Estonian ferry operator Tallink will tap sustainability and efficiency gains enabled by ABB Ability Marine Advisory Systems – OCTOPUS for its new passenger and car ferry MyStar due for delivery from the Finnish Rauma Marine Constructions shipyard in 2022.The liquefied natural gas (LNG)-powered MyStar will be deployed on the 80-kilometer trans-Baltic route between Tallinn, Estonia, and Helsinki, Finland, and the OCTOPUS optimization software will collect and transfer operational…
TT Line Circles Back to Rauma Shipyard for RoPax Pair
Finnish shipbuilder Rauma Marine Constructions (RMC) said on Wednesday that it has secured an order from Australian shipping company TT Line Company to build two car and passenger ferries at the Rauma shipyard.The newbuild order comes after TT Line, also known as Spirit of Tasmania, withdrew from a previous memorandum of understanding (MOU) last July while the Tasmanian government-owned company investigated options to produce the vessels locally to help offset economic impacts from the coronavirus pandemic.RMC revealed Wednesday that negotiations resumed in March this year…
Rauma Shipyard Resumes Operations After Coronavirus Outbreak
Finnish shipbuilder Rauma Marine Constructions (RMC) said it resumed production on Thursday after it paused operations last week following a COVID-19 outbreak among its workforce.The company halted production last Friday after a cluster of coronavirus infections was discovered at the Rauma shipyard. Authorities tested all shipyard employees and quarantined those who had been exposed to the virus.RMC said the yard was thoroughly cleaned and sanitized during the weeklong shutdown, and that production will recommence in phases, in a controlled manner.
TT Line Puts RoPax Orders on Hold as it Looks to Build Locally
Australian ferry operator TT Line has withdrawn from a memorandum of understanding with Finnish shipbuilder Rauma Marine Constructions for the construction of two new car and passenger ferries as it investigates options to build the vessels domestically.The Tasmanian government-owned operator, also known as Spirit of Tasmania, signed the MOU with RMC after canceling an initial contract with German shipyard Flensburger Schiffbau-Gesellschaft in February. Under the MOU, RMC was scheduled to begin building the two new 1…
Tallink to Get $108 Mln Loan from Estonia
Estonia will give the Baltic Sea shipping firm Tallink, which has been badly hit by lockdowns, a 3-year loan of 100 million euros ($108 million), the government of the small EU member said on Friday.Tallink - which operates large ferries between Estonia and Finland, and from Latvia, Estonia and Finland to Sweden - is approaching its peak season of June-August with most of the countries around the Baltic closed to travelers because of the coronavirus pandemic.The firm's passenger traffic dropped 96% in April, while cargo traffic fell 14%.Tallink this week reported a gross loss of 0.2 million eu