Q1 2025 Tallinna Sadam AS Earnings Call Transcript
Good morning. My name is Valdo Kalm. And our CFO, Andrus Ait, to my right, we both are ready to comment results from Q1. And as usually, we will start from the main events from first Q.
And here we are with that. The most important thing is that we had quite a nice increase of vessel calls in Q1, and it mainly came from Cargo side, but also we had growth on passenger vessels. Good news is that we got new contracts and new container, regular container line to Muuga Harbour, Ocean Network Express, ONE, started to operate in February. And we had a long-term charter agreement with Baffinland for the Botnica. But this year Baffinland doesn't need Botnica, although we have a couple of jobs in pipeline, and there will be concrete figure for summer and the autumn period, we will report that immediately.
Also, as you know, we heavily supporting Rail Baltica and Rail Paldiski station to Muuga Harbour. And there are already many concrete steps ongoing. And in January, we signed agreement with Rail Baltica and
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