Unchanged good result for Wasaline
Wasaline’s result was good despite the challenging year. Wasa Express was on shipyard for 3 weeks in January (6.127.1). The Finnish Seafarer’s Union’s support strike was in November, which affected that 8 departures were cancelled, and 4 departures was without cargo.
Turnover landed at the same level as the year before, at EUR 19.6 million. Passenger traffic sales increased by 6.3% and cargo sales decreased by 6.2%.
Profit before appropriations and taxes remained unchanged +EUR 2.1 million, despite the additional cost for the drydock which was approx. EUR 1 million.
Investments in the energy efficiency project continued during the year. The battery backup system for the auxiliary engines will be completed during the first quarter of 2020. On-board electricity consumption has decreased by 28.8% compared to 2018 with all this measures.
The average price of fuel decreased by 2.5% during the financial year. Due to this combined with the investments for energy savings, the fuel cost has decreased by 8.4%. The total fuel savings was 9.6%. The ice winter was mild, and the year’s maximum ice spread occurred already at the end of January. It was also a mild autumn / winter and ice-free throughout the end of the year.