The Wasaline result remained at a good level despite the situation on the challenging market situation.
Due to new regulations, emission trading system (ETS) fees were added as a new expense for the company. Wasaline is the only passenger shipping company in Finland that does not have an exemption from this, which naturally affects the competitiveness of the company. The so-called Island Exemption, which grants relief from paying ETS, applies between Finland and Åland.
Wasaline continued its sustainability efforts and managed to reduce total CO₂ emissions by 5% in 2024. The use of green shore power increased by 22% during the year. At the beginning of 2024, the concept of emission-free conferences was introduced onboard Aurora Botnia. LNG remained the primary fuel, and as a hybrid vessel, Aurora Botnia extensively utilized its batteries. Both passengers and cargo customers have been able to offset their journeys to make them climate neutral.
Cargo meters increased by 3.2% in 2024, and cargo units by 1.4%. The number of passengers decreased by 9.4%. Passenger vehicles declined by 9%, and buses decreased by 1.3%. Revenue fell by 3.7%.
The operating result amounted to +2.75 million (2023: +2.9 million).
