Finnlines made good financial results
The Finnlines Group’s revenue for January–March 2019 was EUR 137.6 million, which was an increase of 2.0 per cent compared to the same period last year. The result for the reporting period was EUR 16.2 million compared to EUR 16.5 million in January–March 2018. Earnings before interest, taxes, depreciation and amortisation, EBITDA, was EUR 34.2 million compared to EUR 34.3 million in January–March 2018.
– This result can be considered to be very good taken into account the fact that the growth of Finnish exports and imports has slowed down compared to the previous year, says president and CEO Emanuele Grimaldi.
Stockholm Norvik Port – A game changer in the Baltic Sea
In one year the brand new Stockholm Norvik Port will open. The Hong Kong Chamber of Commerce in Sweden arranged a seminar in the heart of Stockholm together with The Ports of Stockholm and Hutchison Ports in order to highlight the benefits the new port will deliver for Swedish businesses.
Wärtsilä Transverse Thrusters the preferred choice for cruise ships
During the past year, the technology group Wärtsilä has received orders to supply more than sixty of its transverse thrusters for twelve new cruise ships being built in four shipyards on behalf of six different owners. This represents the dominant share of newbuild vessels within the cruise sector during this period. The efficiency and performance of Wärtsilä’s transverse thrusters is particularly important for large cruise ships, since manoeuvring and mooring in often crowded harbours is mission critical.