On the basis of the successful tender, a passenger transport public service contract will be awarded between the Ministry and TS Laevad for the provision of transport services for a period of seven years, between 1 October 2026 and 30 September 2033. Currently, TS Laevad provides passenger transport services on the Rohuküla-Heltermaa and Virtsu-Kuivastu ferry routes until 30 September 2026 in accordance with the passenger transport public service contract awarded with the Transport Administration on 11 December 2014. TS Laevad services Virtsu-Kuivastu route with ferries PIRET and TOLL and Rohuküla-Heltermaa route with ferries LEIGER and TIIU. The company also owns replacement ferry REGULA.

Valdo Kalm, chairman of the supervisory board of TS Laevad, highly appreciates the opportunity to continue offering high-quality service in one of the more stable business areas of the Port of Tallinn. "The satisfaction of TS Laevad' customers has been high throughout the years, and our goal is to ensure this in the new contract period as well. For TS Laevad and, more broadly, for the investors of the Port of Tallinn, the contract for the new period means the continuation of a stable income stream and the opportunity to achieve the same average profitability in the ferry business segment as in the case of the current contract."

© Shippax