News zum Sektor Transport aus Estland

 

The subsidiary company of AS Tallinna Sadam, OÜ TS Shipping, signed an agreement with Offshore-Tech Sweden AB-ga for chartering multifunctional icebreaker Botnica to support diving works in the North Sea. The estimated period of work in June or in July 2026 will last up to 26 days. Start of the project will be specified depending on the operational readiness of the works and weather conditions....

In 2026 Q1, 3.1 million tons of cargo and 1.4 million passengers passed through the harbours of Tallinna Sadam. Compared to the same period previous year, the cargo volume decreased by –8% i.e 265 thousand tonnes. Liquid bulk decreased the most, influenced by severe ice conditions on the sea. General cargo volume increased by +57% i.e 66 thousand tonnes and ro-ro by +2% i.e 31 thousand tonnes. The number of passengers decreased by –3.3% i.e. 47 thousand passengers. Passenger business was influenced by dock works of four passenger ships. The total number of vessel calls decreased by –7%. The number of vehicles travelling between the Estonian mainland and the main islands increased by +0.9%, the number of passengers decreased by –1.2%. The number of charter days of the icebreaker Botnica stayed at the same level as previous year, utility rate of the vessel was 100%....

On 2 April 2026, the Tallinn City Council adopted two detailed plans for the areas belonging to AS Tallinna Sadam (hereinafter Tallinna Sadam) – the area of ​​the passenger terminal A and the cruise terminal, and the terminal D and the surrounding area. After the adoption of plans, the Tallinn City Planning Board and the City Government is organising a public review....

The supervisory board of AS Tallinna Sadam (hereinafter: “Tallinna Sadam”) approved the audited annual report for 2025 presented by the management board. Compared to the unaudited interim report published on 26 February, there are no differences in the audited financial results....

Dear shareholder!...

On 26 February, Tallinna Sadam held webinars for investors where the Chairman of the Management Board Valdo Kalm and the Head of Investor Relations Angelika Annus presented unaudited results of the Group for the year 2025 and Q4....

Sales revenue of Tallinna Sadam in 2025 was 119 million euros. Adjusted EBITDA was close to 57 million euros and profit more than 22 million euros. Comparing to the preceding year sales revenue decreased slightly by –0.8% but adjusted EBITDA increased by +6% and profit by +17%. Sales revenue in the fourth quarter was more than 29 million euros, adjusted EBITDA was 11 million euros and profit 3.6 million euros. Comparing to the same period last year sales revenue increased by +1.3%, adjusted EBITDA decreased by –8% and profit by –16%. During 2025 we invested the total of above 33 million euros, of which 12 million euros were invested in the fourth quarter....

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The new multifunctional quay of AS Tallinna Sadam (hereinafter: Tallinna Sadam) was completed last year. The total investment was 64 million euros, of which 20 million euros were co-financed by the European Commission through the military mobility project EstMilMob. The new quay of Paldiski South Port is unique in the region – it is 310 meters long, the depth in front of the quay is 13.5 meters and the quay includes a 10-hectare hinterland area. The issuance of the use permit enables to start using the quay immediately, and the first planned vessel calls will bring components of the onshore wind farm being built in Latvia. The new quay will also allow to receive other oversized and heavy project goods....

AS Tallinna Sadam and TS Laevad OÜ filed a cassation appeal in July 2025 and requested that the decision of Harju County Court of 27 June 2024 and the decision of Tallinn Circuit Court of 4 June 2025 in the criminal case was annulled in the part in which the accusation was reclassified as a private sector bribery offense, the proceedings were terminated due to the statute of limitations, the civil action was dismissed, the measures taken to secure the civil action were canceled, and the procedural costs of the victims were not fully compensated....

AS Tallinna Sadam subsidiary, OÜ TS Shipping (hereinafter: "TS Shipping"), and Baffinland Iron Mines Corporation (hereinafter: Baffinland) extended the long-term cooperation agreement in 2024 for the chartering of the multifunctional icebreaker MS Botnica to assist cargo vessels in Canadian Arctic waters. MS Botnica escorts Panamax-type ships loaded with iron ore from Milne Inlet Port to the open sea. The agreement covers the period from 2024 to 2028 and includes annual call options for chartering the vessel for at least 60 days per year from September to December....

In 2025 Q4, 3.6 million tonnes of cargo and 1.9 million passengers passed through the harbours of Tallinna Sadam. Compared to the same period of the previous year, cargo volumes increased by +6% i.e. 191 thousand tonnes, mainly supported by liquid bulk and ro-ro, and the number of passengers increased by +0.9% i.e. 17 thousand passengers due to the increase in the number of cruise passengers. The number of vessel calls decreased by -4.8%. The number of vehicles travelling between the Estonian mainland and the main islands increased by +7% and number of passengers by +4.5%. The number of charter days of the icebreaker Botnica declined -3.9% comparing to the same period last year....

The European Union approved funding for AS Tallinna Sadam  (hereinafter: Tallinna Sadam) project PoTOPS (Port of Tallinn Onshore Power Supply), which aims to create onshore power supply for cruise ships at two quays in the Old City Port by 2030....

In 2026, AS Tallinna Sadam plans to disclose the results and hold annual general meeting according to the following schedule:...

The Supervisory Board of AS Tallinna Sadam's subsidiary OÜ TS Laevad (hereinafter: "TS Laevad") extended powers of Katrin Aron as a member of the Management Board for three years from 20 March 2026....

On 26 November 2025, the Estonian Competition Authority approved the amendment to the price list of electricity network charges of the distribution network operator AS Tallinna Sadam (hereinafter referred to as “Port of Tallinn”). The revised charges will come into effect on 1 March 2026....

The Supervisory Board of TS Shipping OÜ (hereinafter: “TS Shipping”), a subsidiary of AS Tallinna Sadam, has decided to appoint Margus Raad as a new Member of the Management Board, with a term of office of three years starting from 15 January 2026. Margus Raad will be responsible for international business development and sales. ...

The Supervisory Board of TS Shipping OÜ (hereinafter: “TS Shipping”), a subsidiary of AS Tallinna Sadam, has, by mutual agreement, recalled Damir Utorov from the Management Board, effective from 30.11.2025....

 On 10 November 2025, Tallinna Sadam held a webinar for investors where the Chairman of the Management Board Valdo Kalm and the Member of the Management Board CFO Andrus Ait presented unaudited results of the Group for 2025 Q3....

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