Tallink Grupp Sells Cargo Vessel Regal Star with Minimal Impact
Sale of Regal Star Cargo Vessel Announced
AS Tallink Grupp has confirmed a significant development in its operations with the sale of the cargo vessel Regal Star. This transaction, executed through its subsidiary, Tallinn-Helsinki Line Limited, involved an agreement with AMS LINE SHIPPING CO for the transfer of ownership.
Implications of the Sale
The handover of the Regal Star to its new owners occurred recently, marking a noteworthy moment for the company. However, it's essential to highlight that this sale is not expected to exert a considerable influence on AS Tallink Grupp's financial outcomes for the year 2025. Strategic decisions like this are often part of broader efforts to streamline operations and focus on core assets.
About AS Tallink Grupp
AS Tallink Grupp is a recognized leader in the Baltic Sea shipping sector, providing essential passenger and freight services across numerous routes. The company continuously seeks to enhance its fleet and service offerings while maintaining operational efficiency and financial stability.
Company Contact Information
For further inquiries regarding this transaction or any aspect of AS Tallink Grupp, please reach out to:
Anneli Simm
Investor Relations Manager
AS Tallink Grupp
Sadama 5
10111 Tallinn
Email: Anneli.simm@tallink.ee
Phone: +372 56157170
Frequently Asked Questions
What is the Regal Star?
The Regal Star is a cargo vessel formerly operated by AS Tallink Grupp.
Who purchased the Regal Star?
The vessel was sold to AMS LINE SHIPPING CO.
Will the sale impact Tallink Grupp financially?
No, the sale is not expected to have a significant impact on the company’s financial results for 2025.
Where can I find more information about AS Tallink Grupp?
Detailed information is available on their official website and through their Investor Relations contact.
How can I contact AS Tallink Grupp?
You can reach out via email to Anneli Simm at Anneli.simm@tallink.ee or by phone at +372 56157170.
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