{"id":12847,"date":"2020-07-03T05:20:00","date_gmt":"2020-07-03T02:20:00","guid":{"rendered":"https:\/\/www.al-sindbad.net\/tallink-makes-ropax-purchase-amid-covid-19\/12847\/"},"modified":"2020-07-03T05:20:00","modified_gmt":"2020-07-03T02:20:00","slug":"tallink-makes-ropax-purchase-amid-covid-19","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/tallink-makes-ropax-purchase-amid-covid-19\/12847\/","title":{"rendered":"Tallink makes RoPax purchase amid COVID-19"},"content":{"rendered":"<p><\/p>\n<p><strong>Estonian ferry company AS Tallink Grupp has strengthened its fleet with the purchase of a roll-on\/roll-off passenger (RoPax) vessel from compatriot firm Navirail O\u00dc. <\/strong><\/p>\n<p>The ship, MS Sailor, was acquired by Tallink&#8217;s subsidiary Baltic SF VIII Ltd on 30 June 2020. The RoPax is scheduled to be handed over to its new owner in Paldiski on 9 July 2020. Tallink will announce the vessel\u2019s route and schedules in the near future. <\/p>\n<p>Built in 1987 at the Gdansk shipyard in Poland, the vessel is 157 metres long and 25 metres wide with a gross tonnage of 20,921. MS Sailor has a total of 60 cabins, accommodating 23 crew and 119 passengers. In addition, it has 1,500 lane metres for RoRo cargo and pax vehicle transportation on board. The vessel\u2019s speed is about 19 knots.<\/p>\n<p>Until recently, MS sailor has been chartered out to Danish shipping company DFDS, operating on the Paldiski-Kapellsk\u00e4r route. <\/p>\n<p> Originally built in late 1980s for Neste OY, the vessel has previously been owned by Nord\u00f6 Link and Finnlines and operated until 2015 under the name Finnsailor. <\/p>\n<p>MS Sailor is registered\u00a0in the Cyprus Ship Registry and is going to sail under the Estonian flag, according to Tallink. <\/p>\n<p><em>&#8220;The purchase of the RoPax vessel will strengthen Tallink fleet\u2019s cargo capacity,&#8221;<\/em> the ferry company said.<\/p>\n<p><em>&#8220;The transaction price is  \u20ac8.5 million, the the investment is not significant to the consolidated results of AS Tallink Grupp<\/em>.&#8221;<\/p>\n<p><em>\u201eThe recent crisis has made it very clear that we need to strengthen our fleet with RoPax vessels to ensure that whatever happens in the world, we are able to react to any changes fast and have the necessary flexibility within our fleet to scale up either RoRo cargo or passenger transport as necessary,&#8221;<\/em> <strong>Paavo N\u00f5gene<\/strong>, Tallink Grupp\u2019s CEO, explained.<\/p>\n<p><em>&#8220;During the COVID-19 pandemic, there was an urgent and great need to secure RoRo cargo transportation between our home markets and this was mainly done with our passenger ferries, that are geared for operating feasibly if they carry both cargo and passengers. Carrying only RoRo cargo with a minimum number of passengers with such large passenger ferries is not economically viable and can only be done for a short time with subsidies.&#8221;<\/em><\/p>\n<p><em>\u201eFor example, at present we have increased cargo capacity on the only Estonia-Sweden route between Paldiski and Kapells\u00e4r with our passenger ferry Isabelle.\u00a0The vessel predominantly transports cargo only as tourism between Estonia and Sweden is still not recommended due to the Swedish coronavirus situation, which in essence means that we are transporting over 600 empty cabins back and forth between the two countries every day. Operating passenger ferries for cargo transportation alone isn\u2019t cost effective for our business,&#8221;<\/em> he further said.<\/p>\n<p><em>\u201eWith the above in mind and with several lessons learned from the recent pandemic, it thus makes perfect sense to diversify and strengthen our fleet for the future,&#8221; <\/em>N\u00f5gene concluded.<\/p>\n<p>Ferry and cruise companies are among those that have been hurt the most from the global coronavirus outbreak. The COVID-19 crisis caused financial woes to many companies which are now fighting to stay afloat.<\/p>\n<p>In May, Tallink secured clearance from the government on the terms of a loan worth up to \u20ac 100 million. The three-year government loan is expected to help mitigate the economic pressures the company has been experiencing as a result of the COVID-19 impact on the ferry industry.<\/p>\n<div class=\"section\">\n<div class=\"block block-related-article\">\n<div class=\"card-rich \">\n\t<a href=\"https:\/\/www.offshore-energy.biz\/tallink-secures-govt-approval-for-e100-million-loan\/\" class=\"card__lazyload card-rich__image lazyload\" data-bgset=\"https:\/\/cdn.offshorewind.biz\/file\/sites\/6\/2020\/05\/15131619\/Tallink1.jpeg\"><\/p>\n<div class=\"card-rich__element card-rich__time-ago\">\n\t\t\t\t<span class=\"screen-reader-text\">Posted:<\/span> about 1 month ago\n\t\t\t<\/div>\n<p>\t\t\t<\/a><\/p>\n<div class=\"card-rich__content\">\n<div class=\"card-rich__partner-label\"><\/div>\n<h3 class=\"card-rich__title\">\n\t\t\t<a href=\"https:\/\/www.offshore-energy.biz\/tallink-secures-govt-approval-for-e100-million-loan\/\" class=\"card-rich__link\" aria-label=\"Read more about: Tallink secures govt approval for \u20ac100 million loan\"><br \/>\n\t\t\t\tTallink secures govt approval for \u20ac100 million loan<br \/>\n\t\t\t<\/a><br \/>\n\t\t<\/h3>\n<div class=\"card-rich__element card-rich__meta\">\n\t\t\t\t\t<span class=\"screen-reader-text\">Categories:<\/span><\/p>\n<ul class=\"card-category-list no-list\">\n<li class=\"card-category-list__item\">Business &amp; Finance<\/li>\n<\/ul><\/div>\n<div class=\"card__element card-rich__time-ago\">\n\t\t\t<span class=\"screen-reader-text\">Posted:<\/span> about 1 month ago\n\t\t<\/div>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<p>Apart from the newest fleet addition, Tallink owns 14 vessels and operates seven ferry routes under the brand names of Tallink and Silja Line.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.offshore-energy.biz\/tallink-makes-ropax-purchase-amid-covid-19\/\">Tallink makes RoPax purchase amid COVID-19<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.offshore-energy.biz\">Offshore Energy<\/a>.<\/p>\n<p>world maritime news<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Estonian ferry company AS Tallink Grupp has strengthened its fleet with the purchase of a roll-on\/roll-off passenger (RoPax) vessel from compatriot firm Navirail O\u00dc. The ship, MS Sailor, was acquired by Tallink&#8217;s subsidiary Baltic SF VIII Ltd on 30 June 2020. The RoPax is scheduled to be handed over to its new owner in Paldiski &hellip;<\/p>\n","protected":false},"author":1,"featured_media":12848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[1154,1107,612,399],"class_list":["post-12847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","tag-covid19","tag-purchase","tag-ropax","tag-tallink"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/12847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=12847"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/12847\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/12848"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=12847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=12847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=12847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}