Insights into AS Tallink Grupp's November Performance Data

AS Tallink Grupp's Passenger and Cargo Performance for November

In November, AS Tallink Grupp, a leading name in the passenger and cargo shipping industry, recorded the transportation of 369,996 passengers. This figure indicates a slight decrease of 1.9% from the November figures of the previous year. The company also witnessed a significant drop in the number of cargo units transported, which fell by 19.4% to a total of 21,409 units. Furthermore, the number of passenger vehicles showed a decrease of 6.3%, bringing the total to 47,101 vehicles for the month.

Detailed Statistics for November

Here’s a closer look at the passenger, cargo units, and passenger vehicles statistics for November:

Passenger Statistics

The following details outline the passenger numbers compared to the same month last year:

• Total Passengers: 369,996 (down from 376,997)
• Finland - Sweden: 102,254 (down from 116,913)
• Estonia - Finland: 235,048 (up from 225,068)
• Estonia - Sweden: 32,694 (down from 35,016)

Cargo Unit Summary

The cargo statistics reveal a downward trend in the transport of cargo units:

• Total Cargo Units: 21,409 (down from 26,547)
• Finland - Sweden: 2,928 (down from 3,418)
• Estonia - Finland: 15,460 (down from 19,036)
• Estonia - Sweden: 3,021 (down from 4,093)

Passenger Vehicle Statistics

A further breakdown of the passenger vehicles transported shows:

• Total Passenger Vehicles: 47,101 (down from 50,244)
• Finland - Sweden: 2,333 (down from 2,840)
• Estonia - Finland: 43,690 (down from 46,229)
• Estonia - Sweden: 1,078 (down from 1,175)

Operational Insights for Different Routes

Finland - Sweden: The performance for this route encompasses the operations between Helsinki and Stockholm, as well as Turku and Stockholm.

Estonia - Finland: This route's results are derived from the operations of key shuttle vessels including the MyStar and Megastar along with the cruise vessel Victoria I.

Estonia - Sweden: The operations for this route include the Tallinn-Stockholm route and the Paldiski-Kapellskär route which utilize one cruise ferry and two cargo vessels. It's noteworthy that one cargo vessel, Sailor, was inactive for 14 days due to technical difficulties.

Conclusion

The statistics for November present a mix of challenges and opportunities for AS Tallink Grupp. While there is a noticeable decline in passenger and cargo transport, particularly in the Finland-Sweden route, there is also a positive growth in the Estonia-Finland route. Such insights are critical as the company navigates through changes in the maritime transport landscape.

For further inquiries or detailed information, please contact:

Anneli Simm
Investor Relations Manager
AS Tallink Grupp
Sadama 5
10111 Tallinn
Phone: +372 56157170
E-mail: anneli.simm@tallink.ee

Frequently Asked Questions

What factors contributed to the decline in passenger numbers?

The slight decrease in passenger numbers can be attributed to several factors including seasonal variations and competition in the maritime sector.

How does AS Tallink Grupp plan to improve its performance?

The company is exploring new routes and enhancing service quality to attract more passengers and cargo clients.

Which route saw the most significant growth in passenger numbers?

The Estonia-Finland route saw a positive growth of 4.4%, highlighting its resilience and potential for further development.

What measures are being taken to address cargo transport declines?

AS Tallink Grupp is working on strategic partnerships and efficiencies in logistics to revive cargo transport figures.

Where can I find more information about AS Tallink Grupp's services?

For more details about services and travel options, the company's official channels provide updated information and resources.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.