Tallink Grupp
Company Announcement

Letter of Intent for the construction of new LNG powered shuttle ferry

AS Tallink Grupp and Rauma Marine Constructions signed a Letter of Intent for the construction of a new LNG powered shuttle ferry for the Tallinn-Helsinki route. The estimated cost of the project is approximately 250 million euros and the new vessel will be built at the Rauma shipyard in Finland. The construction of the new ship is expected to be completed by the end of 2021. The project will provide approximately 1500 man-years employment for the shipyard.

The new ferry will be dual fuel operated, using LNG as its main fuel and will have capacity for 2800 passengers. It will start operating on the Tallinn-Helsinki route, further developing this important route between the two capital cities. The new ferry will be built using all the latest technologies and the most innovative solutions available and the group’s aim is to build the most energy efficient and environmentally friendly vessel operating on the Baltic Sea.  

Historically four Tallink Grupp ships have been built at the Rauma shipyard and in addition to this, two vessels have been designed in Rauma shipyard. The last ship built at the shipyard was the group’s vessel Baltic Queen, delivered in 2009 and currently operating on the Tallinn-Stockholm route.

Over the coming months Tallink Grupp and Rauma shipyard will work towards the shipbuilding contract and financing arrangements.

Paavo Nõgene
CEO

AS Tallink Grupp
Sadama 5/7
10111 Tallinn, Estonia
Tel. +372 640 9800
E-mail Paavo.Nogene@tallink.ee