AS Tallinna Sadam operational volumes for Q4 and 2024 full year

Core Insights - In 2024, Tallinna Sadam experienced significant growth in both passenger and cargo volumes, with cargo volume increasing by 4.4% and passenger numbers rising by 3.6% compared to the previous year [2][3]. Operational Performance - In Q4 2024, 1.9 million passengers and 3.4 million tons of cargo passed through Tallinna Sadam, marking a 4.8% increase in passenger numbers and an 11.7% increase in cargo volume year-over-year [1]. - The total cargo volume for 2024 reached 13.134 million tons, up from 12.586 million tons in 2023, reflecting a 4.4% increase [5]. - The number of vessel calls increased by 1.4% to 7,127 visits in 2024, with cargo vessel visits rising by 18.5% [2][5]. Cargo Breakdown - Dry bulk cargo saw the largest growth, increasing by 41.0% in Q4 2024 compared to Q4 2023, while container volumes rose by 18.9% [5]. - Liquid bulk cargo, however, decreased by 14.7% in Q4 2024 compared to the same period in 2023 [5]. Passenger Traffic - The number of passengers traveling between the Estonian mainland and the main islands increased by 4.3% in Q4 2024, with vehicle numbers rising by 6.0% [1][6]. - The Tallinn-Helsinki route accounted for the majority of passenger traffic, with a 5.0% increase in Q4 2024 [5]. Icebreaker Operations - The utility rate of the icebreaker Botnica was 55% in Q4 2024, a decrease of 12 percentage points from the previous year [1][6]. - Charter days for Botnica decreased by 4.3% in 2024 compared to 2023 [6]. Management Commentary - Valdo Kalm, Chairman of the Management Board, expressed satisfaction with the operational volumes, noting a total cargo increase of 12% and a 5% rise in passenger numbers [3].