Rendering of the new 'Spirits' for Bass Strait service. © Rauma Marine Constructions (RMC)
Pandemic preys on TT Line
Oct 29 2021
FinanceThe impact of COVID-19 on Tasmania’s TT Line is apparent in the company’s 2020-21 results, with profits and passenger numbers diving but new freight records set.
The operator of the SPIRIT OF TASMANIA ro-paxes across Bass Strait between Devonport and Melbourne fell to an after-tax loss of AUD 6.7 million in the financial year, compared to a profit of AUD 32.4 million in 2019-20. Revenue slumped from AUD 270.7 million to AUD 213.9 million.
The operator of the SPIRIT OF TASMANIA ro-paxes across Bass Strait between Devonport and Melbourne fell to an after-tax loss of AUD 6.7 million in the financial year, compared to a profit of AUD 32.4 million in 2019-20. Revenue slumped from AUD 270.7 million to AUD 213.9 million.
You are not logged in
Login in or become a member to read all the articles on shippax.com
- Access to our online news service
- Extended search function
- Instant access after purchase
- And much more!
Most read
BC Ferries Selects CMI Weihai Shipyard To Construct Four New Major Vessels
Jun 11 2025
STENA FORETELLER Cargo Increase Conversion Complete
Jun 17 2025
La Méridionale Unveils Names for Chinese-built Ro-Pax Pair
Jun 17 2025
DFDS to trial a Guernsey-Jersey high-speed ferry service
Jun 12 2025
SOUTH ENABLER Delivered to WALLENIUS SOL
Jun 12 2025
Refurbished passenger areas on Finnlines’ Finland–Germany vessels welcome summer travellers
Jun 19 2025
Scandlines Gears Up for Future Fixed-Link Competition
Jun 13 2025
North Sea Handling to Supply Cargo/Passenger Access Equipment for Stena RoRo’s Two New E-Flexer Vessels
Jun 19 2025
Products
