Wasaline continues to reduce environmental impact

2024-03-01T18:14:20+00:00 March 1st, 2024|Finance|

During the financial year, further measures were taken to reduce Baltic ferry operator Wasaline’s energy consumption and environmental impact.

Emissions of CO2 decreased by 23%, while the use of LNG increased.

In the autumn, ‘Aurora Botnia’ operated one day a week with certified biogas. Utilisation of the battery technology was also optimised. All of which contributed to the decrease.

Since the entry into traffic of ‘Aurora Botnia’ in 2021, Wasaline has reduced its CO2 emissions by 29% per trip and in 2023, CO2 emissions were reduced by 23%, the company claimed.

The passenger sector showed an increase last year, compared to 2022, despite the bookings decreasing significantly in the last quarter, due to the recession.

In 2023, passenger volumes increased by 4.4% and turnover by 5.4%. Departures increased by 2.7% to 1,164 departures.

In the cargo sector, it was mainly Finnish imports that decreased. All shipping to Russia was cancelled and demand for paper dropped, which led to the amount of cargo units falling by 5.9%

The result before appropriations and taxes amounted to €3.2 mill (2022 = €3.3 mill).

”The year was challenging due to Russia’s invasion of Ukraine, which brought uncertainty to the market and increased costs. Despite that, we have succeeded in further developing the traffic in Kvarken and can present a result that exceeds expectations and enables continued investments in environmental work and a prosperous emergency traffic between Finland and Sweden,” said Peter Ståhlberg, Wasaline Managing Director (pictured).

”The personnel are very committed, which enables the shipping company to stand on a stable basis for 2024, which has started well”, he concluded.