Ferry Star I and Superfast IX, previously owned by Tallink, have been sold to maintain services on the Paldiski-Kapellskär route.
Here's the rewritten article:
AS Tallink Grupp Parts Ways with Star I and Welcomes Superfast IX
It's time for a change on the Paldiski-Kapellskär route, as AS Tallink Grupp bids adieu to the vessel Star I and welcomes the modern Superfast IX!
In a bid to keep their promise of adapting to market demands and maintaining flexibility, Tallink Grupp has seized the opportune moment to sell Star I to Irish Continental Group plc. This move will allow the company to continue providing top-notch services to passengers without holding on to an idle vessel.
According to Paavo Nõgene, Chairman of the Management Board of AS Tallink Grupp, there has been growing interest in snapping up Star I, which the company found difficult to resist. The sale made sense, especially since Superfast IX, a suitable replacement, had already returned from a long-term charter in Canada.
So, what can passengers expect from this update? Worry not, for the schedule and onboard services will remain unchanged upon Superfast IX's arrival on April 12. Moreover, rest assured that your pocket won't be hit, as ticket prices will remain consistent.
Tallink Group is pulling out all the stops to ensure a seamless transition to the new vessel, starting with adjustments in its ticket sales and booking systems. You can unwind, knowing that Superfast IX is a comfortable, modern vessel that delivers the same premium experience as Star I. The catering and retail services you've come to love on Star I will now be available on Superfast IX.
Since the route runs overnight, it's worth noting that Superfast IX boasts more spacious cabins and offers ample room for cargo transport. This modern behemoth has seen its fair share of action, having been built in 2002 in Kiel, Germany, purchased by Tallink in 2006, and operating in various regions under different flags, including Canadian waters.
Will this change affect Tallink's financial results? The sale of Star I won't cast a significant shadow over Tallink's financial results, but it will undeniably help optimize their operations. In the coming weeks, Star I will be passed on to Irish Continental Group.
So here's to a new chapter – for lasting adventures, exciting journeys, and smooth sailing ahead with the mighty Superfast IX taking the helm on the Paldiski-Kapellskär route!
Enrichment Data:
- AS Tallink Grupp, a prominent player in the Baltic region, operates passenger ferries, with the Paldiski-Kapellskär route being one of its routes.
- The economic climate in the Baltic region has posed a challenge for Tallink Grupp, leading to a decline in passenger traffic.
- The sale of the vessel, Star I, to Irish Continental Group plc represents Tallink Grupp's strategic response to market demands, ensuring resources are utilized effectively, and only active vessels are in operation.
- Investors have taken notice of AS Tallink Grupp's strategic move to sell the ferry, Star I, to Irish Continental Group plc, as it signifies the company's dedication to maintaining effectiveness and flexibility in the business.
- Noted businessman Paavo No cfgene acknowledges that there has been significant investor interest in acquiring Star I, a decision Tallink Grupp found hard to resist, given the prospect of welcoming the superfast and modern Superfast IX.
- The superfast ferry, Superfast IX, is set to bring a premium experience to passengers on the Paldiski-Kapellskär route, offering spacious cabins, ample cargo transport capabilities, and maintaining the same onboard services passengers have come to love on Star I.
- AS Tallink Grupp's investment in the Superfast IX, a significant asset in their fleet, is expected to contribute positively to their financial results, despite the sale of Star I, as it optimizes operations and aligns with the changing demands of the transport industry.
