• Home
  • News
  • Tallink Grupp cargo transport remained strong in September with passenger number having dropped sharply
  • 2020 October 5 14:51

    Tallink Grupp cargo transport remained strong in September with passenger number having dropped sharply

    Tallink Grupp has today published to the stock exchange the company’s September and third quarter passenger and cargo transport statistics.

    According to the September statistics, the month remained strong on the cargo transport side with a total of 32 672 units of cargo carried by the company’s vessels on all the current routes, which is a mere 1% less than in the same month in 2019 (32 843 in 2019).

    At the same time, however, the number of passengers transported by the company in September took an immediate dive after new travel restrictions were introduced by the governments of the company’s home markets. During the month a total of 243 215 passengers were carried on the company’s vessels, which is  66% less than in the same month in 2019 (718 354 in 2019). The year-on-year drop in passenger numbers on the different routes ranged from 56% on the Estonia-Finland routes to 91% on the Estonia-Sweden routes.

    The number of passenger vehicles carried also reduced in September by 25% with 62 138 vehicles carried in the month in 2020 (83 089 in September 2019).

    The statistics for the third quarter as a whole echo a similar trend with passenger numbers dropping by 56% compared to last year and totalling 1 314 301 in Q3 2020 (2 974 790 in Q3 2019), cargo units carried reducing by 2% and totalling 91 578 in Q3 2020 (93 329 in Q3 2019), and passenger vehicles reducing by 22% and totalling 275 735 in Q3 2020 (353 725 in Q3 2019).

    Commenting on the statistics, Paavo Nõgene, CEO of Tallink Grupp said:

    „It was becoming clear already in August that we were heading towards new travel restrictions again in September, so the month’s passenger figures turned out as we expected. They of course still make difficult reading and are nothing to please investors with. Although the fact that our cargo transportation figures have remained strong throughout this crisis and also in the last month and quarter is the one positive to take from all this, it is also clear that these figures are achieved at a cost, as we need both passengers and cargo on the types of vessels we operate to continue providing the service without making a loss with every departure.

    „As we move ahead into our traditional low season with new travel restrictions in place and a third of our fleet once again temporarily suspended in the ports of our home markets, we continue to take every possible step to limit and reduce our cost base and to identify and swiftly react to any opportunities for extra revenue or business, in order to sustain our business through this extremely challenging time.

    „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.“

2021 December 6

18:37 The Port of Bergen changes the name of the Hurtigruten terminal
18:22 Preliminary results of Volga Basin cargo traffic – 41.39 million tonnes
18:14 Equinor invests in battery storage company
17:55 ENGIE and Masdar form US$5 billion strategic alliance to drive UAE’s green hydrogen economy
17:38 Moody’s upgrades Global Ports’ rating to Ba1 with stable outlook
17:16 Solstad Offshore announces long-term contracts in Brazil
16:44 Port of HaminaKotka cargo turnover in 11M’2021 fell by 1.5%
16:20 TezMedz and Tabiyat.pk signs contract with Maersk for integrated cold chain solutions
16:05 “K” Line obtains VSPS regarding Australian quarantine for car carrier
15:55 LR and InterManager share new insights into the causes of lifeboat accidents
15:50 Sea Port of Saint-Petersburg upgrades its infrastructure
15:14 Diana Shipping announces the acquisition of a resale new-building Capesize dry bulk vessel
14:57 Arctia’s IB Otso sets off for the Bay of Bothnia as the season’s first icebreaker
14:35 Cargo traffic within Azov-Don Basin of Russia’s IWWs fell by 14.2% in 2021
14:03 Jan De Nul receives the transport & installation for Vesterhav Nord & Syd wind farm in Denmark
13:48 Onezhsky Shipyard lays down sixth crab catching ship for Russian Crab Group
13:16 DOTr, PPA unveil P316 million Zamboanga port expansion
12:42 Cargo transportation by Volga-Don Canal decreased by 10.6% in navigation season 2021
12:14 New technology risks must be tackled despite decade of progress in ship safety, warns DNV
11:57 Сruise ship Peotr Veliky made first technological voyage
11:38 Mohammed bin Rashid and Mohamed bin Zayed launch UAE Rail Program
11:14 IAA PortNews’ summary of previous week news
10:51 MABUX: No firm trend on Global bunker market on Dec 06
10:20 New shipyard for large-capacity facilities should be built in Russia – opinion
09:29 Crude oil market sees recovery of prices
09:12 Baltic Dry Index as of December 3

2021 December 5

15:03 GasLog Ltd. places order at DSME for four 174000m3 gas carriers
13:27 USCG holds annual SaR exercise off Maui
12:33 Port of Felixstowe tops 100 million TEU
11:51 Vuosaari fairway deepening project completed on schedule, safely and under budget
10:47 New regional technology clusters in WA and Qld driving growth in Australia’s hydrogen sector

2021 December 4

15:21 MOL and Flotation Energy to explore offshore floating wind in Japan
14:51 Sembcorp Marine's LMG Marin to design world’s first zero-emission fuel tanker
13:09 USCG, royal Turks and Caicos Islands Police Force sign MOU
12:34 The Hurtigruten terminal has been renamed Jektevik terminal
11:02 Port of Rotterdam Authority embarks on partnerships with three promising maritime companies

2021 December 3

18:26 Hydrographic Company set to establish Center of Engineering and Technical Expertise
18:07 ABP Humber complete oil spill incident management exercise
17:52 Wärtsilä OPTI-DP Engagement Tool supporting the marine industry to configure optimised propulsion arrangements for DP vessels
17:45 Ocean Network Express conducts a joint crisis management drill with Seaspan Corporation
17:40 Transport Strategy of Russia until 2030 with forecast until 2035 published on official portal
17:22 MSC adds Hamburg to its feeder service „Baltic Loop 3“
17:02 Vyborg Shipyard launches KMT01 trawler named Kara Sea
16:32 South African minister visits Port of Rotterdam to discuss hydrogen exports
16:05 PD Ports contracts Konecranes to convert four RTGs to electric
15:31 Four Jones Act CTVs built to ABS Class to support U.S. offshore wind development
15:17 ABS, NYK, MTI and WinGD team-up to verify design with modeling and simulation
14:03 Jurong Port joins the Castor Initiative
13:30 ABS awards sustainability notations to two Harvey Gulf vessels
13:04 Kapitan Dranitsyn and Admiral Makarov icebreakers reinforced icebreaker group on NSR
12:57 Royal IHC delivers key components for “R.B. Weeks” to Weeks Marine
12:42 Icebreaker assistance season begins in White Sea waters
12:17 Sailing practice of 2021 on Mir sailing ship successfully completed
11:21 NCSP Group's consolidated revenue for 9M’2021 rose by 9.3%
10:53 Foreign contractors can be involved to build LNG-powered icebreakers for Arctic
10:38 MABUX: Bunker prices may demonstrate multidirectional changes with tendency to grow on Dec 3
10:29 The Korean Register publishes guidance for containers loading on bulk carriers
10:20 MSU-1 to perform reconstruction of Gorodetsky hydrosystem locks
09:57 Annual repair dredging in Gulf of Ob from 2023 estimated at 5 million cbm
09:35 Crude oil prices rise on OPEC+ decision to keep oil output increase in January