Core Points - A passenger transport public service contract was signed between the Ministry of Regional Development and Agriculture and OÜ TS Laevad for a seven-year period starting on 1 October 2026 [1] - TS Laevad will operate passenger transport services on the Virtsu-Kuivastu and Rohuküla-Heltermaa ferry routes using four of its own ferries and one additional state-owned ferry [2] - An amendment to the agreement allows the ferry Regula, owned by TS Laevad, to be used instead of the state-owned ferry until 31 December 2028 [3] - Regula is expected to make up to 800 trips per year from 1 October 2026 to 31 December 2028, with the Ministry paying both a fixed and variable fee for its use [4] - The contract amendment is seen as beneficial for TS Laevad and investors of the Port of Tallinn, providing stable income and return on assets [5] - Tallinna Sadam operates one of the largest cargo and passenger port complexes in the Baltic Sea region, with subsidiaries involved in ferry services and shipping [5]
Agreement to use the ferry Regula as a replacement vessel until the end of 2028
Globenewswire·2026-01-15 06:00