Market announcement
AS Tallink Grupp
LEI code
529900QRMWAKKR3L9W75
Size of the entity
Large group
Economic activities
Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles, Transportation and Storage, Accommodation and Food Service Activities, Administrative and Support Service Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
3017
Submission date and time
07.03.2011 09:50:00
Content of announcement in Estonian
Title
Superfast aluste prahtimine
Message
Tallinn, 2011-03-07 08:50 CET (GLOBE NEWSWIRE) --Superfast aluste prahtimine
AS-i Tallink Grupp tütarettevõtted Baltic SF VII Ltd ja Baltic SF VIII Ltd on
sõlminud prahilepingu Stena Line Ltd-ga M/L Superfast VII ja M/L Superfast VIII
prahtimiseks. Laevad antakse üle prahtijale pärast kõrghooaega, 2011 aasta
augustis, mil Tallink lõpetab opereerimise nende laevadega Soome-Saksamaa
liinil. Prahileping kestab kolm aastat ning annab prahtijale võimaluse lepingut
pikendada veel üheks täiendavaks aastaks. Laevu hakatakse opereerima
Suurbritannia vetes.
Tallink on opereerinud laevadega M/L Superfast VII ja M/L Superfast VIII Soome
ja Saksamaa vahel alates 2006 aasta aprillist. Tulenevalt suurenenud
konkurentsist liinil, kütusehindade tõusust ning ülemaailmsest
majanduslangusest on viimaste aastate jooksul Tallinki Soome-Saksamaa liini
tulem kujunenud negatiivseks. 2009/2010 majandusaastal raporteeris Tallink
Soome-Saksamaa segmendis 14 miljoni euro suuruse kahjumi. Planeeritud
prahtimine aitab alustel saavutada kasumlikkuse.
Harri Hanschmidt
Investorsuhete juht
AS Tallink Grupp
Sadama 5/7, 10111 Tallinn
Tel +372 640 8981
E-mail [email protected]
Content of announcement in English
Title
Chartering of Superfast vessels
Message
Tallinn, 2011-03-07 08:50 CET (GLOBE NEWSWIRE) --Chartering of Superfast vessels
The subsidiaries of AS Tallink Grupp, Baltic SF VII Ltd and Baltic SF VIII Ltd
have concluded the charter agreements with Stena Line Ltd for M/S Superfast VII
and M/S Superfast VIII. The vessels will be delivered after the end of the high
season in August 2011. Until then they are operated on their current route by
Tallink. The agreed charter period is three years with the charterers' option
to extend for one additional year. The vessels will be operated in the UK
waters.
Tallink has been operating M/S Superfast VII and M/S Superfast VIII between
Finland and Germany since April 2006. As a result of the increased competition
on the route, the increased fuel prices and global recession in the past few
years the financial result of Finland-Germany segment of Tallink has become
negative. For the 2009/2010 financial year Tallink reported a loss of EUR 14
million from this segment. The prospective charter will improve the result of
these vessels so that they will be generating a profit.
Harri Hanschmidt
Head of Investor Relations
AS Tallink Grupp
Sadama 5/7. 10111 Tallinn
Tel +372 640 8981
E-mail [email protected]