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NLC Ferry Ab Oy   I  Press release  I  15.2.2024

A strong result for Wasaline – Continued reduction in environmental impact and a record year in the passenger segment

During the financial year, further measures have been taken to reduce energy consumption and environmental impact. Emissions of CO2 have decreased by 23%. During the year, the use of LNG increased. In the autumn, Aurora Botnia operated one day a week with certified Biogas. Utilization of the battery technology was also optimized. All of this contributed to this decrease.

Since the start of 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 passenger side at Wasaline showed an increase compared to 2022, despite that the bookings decreased significantly in the last quarter due to the recession. Passenger volumes increased by 4.4% and turnover by 5.4%. Departures increased by 2.7% to 1,164 departures.

Cargo lost volumes. Mainly it was imports to Finland that decreased. All shipping to Russia was canceled and demand for paper decreased, which led to the amount of cargo units falling by 5.9%

The result before appropriations and taxes amounted to +3.2 million (2022 +3.3 million).

Traffic statistics

  • units/persons
  • Departures
  • Passengers
  • Passenger vehicles
  • Cargo units
  • 2023
  • 1 164
  • 279 590
  • 63 647
  • 20 886
  • 2022
  • 1 133
  • 267 757
  • 55 661
  • 22 191

Key figures

  • (1000 €)
  • Revenue
  • Operating profit
  • Operating profit %
  • Equity ratio
  • 2023
  • 29 107
  • 2 902
  • 10,0 %
  • 61,7 %
  • 2022
  • 29 293
  • 3 292
  • 11,2 %
  • 63,05 %

”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”, says Peter Ståhlberg, Managing Director of Wasaline.

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

For more information:

Managing Director Peter Ståhlberg
[email protected], tel. +358 40 559 2353

 

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About Wasaline

Wasaline is the northernmost shipping line in the world, which transports passengers and freight daily between Vaasa in Finland and Umeå in Sweden. In addition to being the most environmentally friendly sea route between Finland and Sweden, the route is also important for security of supply.

The company’s hybrid ferry, Aurora Botnia, is equipped with dual-fuel engines and batteries. Aurora Botnia is the most environmentally friendly passenger ferry in the world and Wasaline invests in sustainability in all its processes. The Key Flag has been awarded both to Aurora Botnia and Wasaline’s services as a recognition of Finnish work.