Ferry Regula additional trips in August 2024
July 23 2024 - 3:40AM
UK Regulatory
Ferry Regula additional trips in August 2024
The subsidiary of AS Tallinna Sadam, OÜ TS
Laevad, signed an additional agreement with The Ministry of
Regional Affairs and Agricultural (hereinafter: "Ministry") based
on which the public passenger transport service Ministry will order
additionally up to 150 trips with the ferry Regula on
Virtsu-Kuivastu line from 5 August to 18 August 2024.
For additional trips in August, TS Laevad will
earn a fixed fee of EUR 206 010, plus a voyage fee of EUR 465 per
each trip. The parties have previously agreed that the fixed fee of
TS Laevad for the period from 20 June to 4 August for additional
trips is 676,890 euros, plus a voyage fee of 465 euros per trip.
Together with the additional fixed fee for the extended period, the
maximum total amount for additional trips is EUR 1,127,025.
In 2023 Regula made 474 trips based on demand
during the period from 1 June to 17 September.
Similar to the last four years, the additional
trips are based on the demand and TS Laevad will perform additional
voyages if at least 200 line meters of vehicles have been left
behind on the scheduled voyage, for the transfer of which a ticket
for the scheduled voyage of the main vessel has been purchased, or
it is optimal to perform a dangerous cargo voyage with an
additional vessel. No additional voyages shall be made at a time
when Regula is required to perform the function of a replacement
vessel in the event of a breakdown of other TS Laevad ferries or if
the vessel itself fails.
TS Laevad services Virtsu-Kuivastu line with
ferries Piret and Tõll and Rohuküla-Heltermaa line with ferries
Leiger and Tiiu. The company also owns replacement ferry
Regula.
Tallinna Sadam is one of the largest cargo-
and passenger port complexes in the Baltic Sea region. In addition
to passenger and freight services, Tallinna Sadam group also
operates in shipping business via its subsidiaries – OÜ TS Laevad
provides ferry services between the Estonian mainland and the
largest islands, and OÜ TS Shipping charters its multifunctional
vessel Botnica for icebreaking and offshore services in Estonia and
projects abroad. Tallinna Sadam group is also a shareholder of an
associate AS Green Marine, which provides waste management
services.
Angelika Annus
Head of Investor Relations
Tel. +372 5649 6230
E-mail: angelika.annus@ts.ee