Finnlines continues EUR 500M green vessel programme

Finnlines continues EUR 500M green vessel programme
Image courtesy of Finnlines.

Finnish ship operator Finnlines is investing EUR 500 million to deploy ultra-green vessels as part of the company’s strategy to reduce fuel consumption and harmful emissions.  

The new ro-ro vessels will be built with the latest technology available to ensure the lowest CO2 emissions. They will be equipped with lithium-ion battery systems that enable zero-emission operations in port. The first ro-ro vessel is expected to start operation as early as next year, and the other two in 2022.

Finnlines has also ordered two giant Superstar eco-efficient ro-pax vessels, which will pioneer in honouring green values. They are designed to provide maximum efficiency and the seamless transfer of cargo and passengers. Finnlines says that its ultra-green superstar ro-pax vessels will lift the maritime bridge between Finland and Sweden to the next level, while keeping in mind the importance of a vital sea connections from Åland Islands to both mainland Finland and Sweden. The Superstar vessels, which are expected to begin operations in 2023, will take up to 1,100 passengers, 200 cars and 250 trucks per voyage.

“The new vessels will help Finnlines strengthen its market-leading position in its core business – rubber-tyred cargo traffic – and increase its share of passenger traffic especially in the Finland–Sweden traffic,” said Tom Pippingsköld, CFO, Finnlines.

“In addition, the environmental footprint of each carried passenger or truck on this bridge will reduce significantly from current level, being already the smallest footprint of all available options. The total investment is EUR 0.5 billion. It is one of the most significant investments recently published by Finnish companies and is a key part of the sustainability measures we are taking to achieve our long-term goals to renew the fleet further – younger ships bring higher environmental standards to grow together with our customers in a sustainable way,” Pippingsköld added.