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Finnlines: 400k ro-ro cargo units carried in H1 2024 (+12.4% yoy)

July 30, 2024

The company's fleet also transported 409 thousand private & commercial passengers, up 33.7% on the result of 2023's first half.

Finnlines also transported 658 thousand tonnes of non-unitised freight (-6.9% year-on-year) and 47k vehicles other than passenger cars (-45.3% yoy).

"Our EUR 500 million Green Newbuilding Programme was completed in February this year when our new ro-pax vessel, Finncanopus, started to operate from Naantali via Långnäs to Kapellskär. During the last two years, four other new vessels, one other ro-pax vessel, Finnsirius, and three Finneco ro-ro-vessels, which all have considerably added our fleet capacity, and all are equipped with many energy-saving and advanced green technology equipment, have been delivered to us and started in our traffic. Therefore, we are able to reduce our older fleet and cut our costs for greater efficiency and for improved logistic service. We are also seeking further improvement by adjusting our fleet operations so that we can combine cargo flows more efficiently and fully utilise the economies of scale of our vessels and the whole fleet. This also includes that we sell vessels, which have too small capacity and/or no longer fulfil our environmental requirements," commented Tom Pippingsköld, Finnlines' President and CEO.

 

He also highlighted, "Finnlines opened a new line between Malmö and Świnoujście on 10 April 2024 […]. The Polish economy has grown faster compared to many other European countries during the last 30 years. The line has opened a new important sea bridge between Sweden and Poland and, therefore, secures an important commercial trade route between the two ports and countries […]."

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