Tallinn-Helsinki sea connection in €29 million EU boost ({{commentsTotal}})

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Business

The Port of Tallinn, the Port of Helsinki and Tallink will receive 29 million euros from the EU to develop the nautical connection between the two capitals in a project named Twin-Port II.

The Port of Helsinki is the biggest winner, with 19 million EU-euros going towards development of port infrastructure, including a new terminal and better connections with the city center. The total cost of that project will be 64 million euros.

The state-owned Port of Tallinn will receive slightly over 5 million to expand the D terminal, improve traffic in front of terminal A and better connect the two terminals. A sewage system to collect waste from ships will also be developed. The total cost is close to 18 million euros.

Tallink will receive nearly 5 million euros towards a LNG-powered ship, which is expected to cost 230 million euros and will begin on the route in 2017.

The Tallinn-Helsinki route is one of the world's busiest passenger sea lanes with around eight million passengers and three million tons of cargo traveling on the line.

Editor: J.M. Laats



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