In 2019 Q3, 4.3 million tonnes of cargo and 3.6 million passengers passed
through the harbours of Tallinna Sadam. Compared to the same period of previous
year, the cargo volume decreased by 22.1% mainly due to liquid bulk and the
passenger volume increased by 3.5%. The number of ship calls grew by 7.3% to
2290 calls. Cumulative cargo volume for 9 months decreased by 8.3% and the
number of passengers remained at the previous year's level.
According to Valdo Kalm, Chairman of the Management Board of the Port of
Tallinn, the decline in liquid bulk is not extraordinary, as it is caused by the
general decline in market demand for dark oil products due to increasingly
strict requirements for reducing the sulfur content in marine fuels. "The
competition in liquid cargo handling continues to be very intense and the
business is project-based, therefore quarterly volumes are volatile. The 30%
strong growth in dry bulk will partially compensate for the decline in liquid
bulk," Kalm explained.
The number of passengers increased in Q3 mainly due to Tallinn-Helsinki and
Muuga-Vuosaari routes. In total, passenger traffic between Estonia and Finland
increased by 96 thousand passengers or 3.5%. For the first time, Muuga-Vuosaari
has been presented as a separate route in the figures below, as the service for
passengers with vehicles started by Eckerö and Tallink in June has started up
very well and passenger volumes have become statistically significant.
Passengers between Estonia and Finland traveling to destinations further from
city center appreciate the opportunity of cheaper travel while avoiding
congestion in Tallinn and Helsinki. In the cruise business we reached a new
record already in 9 months - 641 thousand passengers, which is 3000 passengers
more than last year's annual result. "We are pleased that the number of Finnish
travellers has recovered and cruise passengers' interest in visiting Estonia is
once again high," noted Valdo Kalm.
In the previous reports of passengers and cargo volumes, the Muuga-Vuosaari
route passengers were presented within the route "other", including Q1 10 th
passengers (Q1 2018: 8 th) and Q2 12 th (Q2 2018: 9 th).
Cargo volume by type of cargo and number of passengers by route in 2019 Q3 and
9 months is presented in the table below:
Q3 2019 Q3 2018 change 9M 2019 9M 2018 change
Cargo volume by type of cargo
(th tonnes) 4 275 5 489 -22.1% 14 284 15 581 -8,3%
Liquid bulk 1 116 2 596 -57.0% 5 161 6 877 -25.0%
Ro-ro 1 352 1 315 2.8% 4 038 4 045 -0.2%
Dry bulk 1 246 979 27.3% 3 202 2 762 15.9%
Containers 447 455 -1.9% 1 395 1 406 -0.8%
in TEUs 56 340 56 184 0.3% 169 636 165 106 2.7%
General cargo 111 144 -22.7% 485 490 -1.0%
Non-marine 3 0 699.2% 4 1 473.2%
Number of passengers by routes
(thousand) 3 600 3 478 3.5% 8 297 8 305 -0.1%
Tallinn-Helsinki 2 779 2 730 1.8% 6 747 6 756 -0.1%
Tallinn-Stockholm 299 301 -0.9% 715 793 -9.8%
Muuga-Vuosaari 56 9 509.7% 78 27 194.7%
Tallinn-St.Petersburg 31 32 -0.4% 59 63 -6.0%
Cruise (traditional) 400 380 5.2% 641 624 2.7%
Other 35 26 35.3% 57 43 31.6%
Number of vessel calls by vessel
type 2 290 2 135 7.3% 5 961 5 811 2.6%
Cargo vessels 453 470 -3.6% 1 357 1 298 4.5%
Passenger vessels (incl. Ro-Pax) 1 627 1 460 11.4% 4 268 4 171 2.3%
Cruise vessels (traditional) 210 205 2.4% 336 342 -1.8%
More detailed statistics of passengers by nationality, gender and routes on
monthly basis, can be viewed on the Port of Tallinn web page:
http://ts.ee/statistics
Tallinna Sadam is one of the largest cargo- and passenger port complexes in the
Baltic Sea region, which in 2018 serviced 10.6 million passengers and 20.6
million tons of cargo. In addition to passenger and freight services, Tallinna
Sadam group also operates in shipping business via its subsidiaries - OÜ TS
Laevad provides ferry services between the Estonian mainland and the largest
islands, and OÜ TS Shipping charters its multifunctional vessel Botnica for
icebreaking and construction services in Estonia and offshore projects abroad.
Tallinna Sadam group is also a shareholder of an associate AS Green Marine,
which provides waste management services. Tallinna Sadam group's sales in 2018
totaled EUR 130.6 million, adjusted EBITDA EUR 74.4 million and net profit EUR
24.4 million.
Additional information:
Marju Zirel
Head of Investor Relations
AS Tallinna Sadam
m.zirel@ts.ee (mailto:m.raid@ts.ee)
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