The subsidiary of AS Tallinna Sadam, OÜ TS Laevad, signed an additional agreement with the Ministry of Regional Affairs and Agriculture (hereinafter: the “Ministry”) based on the public passenger transport service signed 11 December 2014. The Ministry will order additionally up to 485 trips with the ferry Regula on Virtsu-Kuivastu line from 19 June to 31 August 2025 and for 3 days in October during the Saaremaa Rally (10 – 12 October 2025).
For the summer period additional trips, TS Laevad will earn the fixed fee of EUR 931,700 plus a voyage fee of EUR 465 per each trip. The maximum total amount for additional trips is EUR 1,157,225. In 2024 there was an agreement for 525 additional trips and Regula made 410 trips based on demand during the period from June till September and 10 trips in October. Last year TS Laevad earned for the summer period additional trips the fixed fee of EUR 897,615 and voyage fee of EUR 465 per each trip. Total fees earned for summer period additional trips in 2024 were EUR 1,092,915.
Similar to the previous years, the additional trips are based on the demand and TS Laevad will perform additional voyages if at least 200 line meters of vehicles have been left behind on the scheduled voyage, for the transfer of which a ticket for the scheduled voyage of the main vessel has been purchased, or it is optimal to perform a dangerous cargo voyage with an additional vessel. No additional voyages shall be made at a time when Regula is required to perform the function of a replacement vessel in the event of a breakdown of other TS Laevad ferries or if the vessel itself fails.
TS Laevad services Virtsu-Kuivastu line with ferries Piret and Tõll and Rohuküla-Heltermaa line with ferries Leiger and Tiiu. The company also owns replacement ferry Regula.
Tallinna Sadam is one of the largest cargo- and passenger port complexes in the Baltic Sea region. 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 offshore services in Estonia and projects abroad. Tallinna Sadam group is also a shareholder of an associate AS Green Marine, which provides waste management services.
Additional information:
Angelika Annus
Head of Investor Relations
Tel +372 5649 6230
angelika.annus@ts.ee
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