Nearly 5.5 million passengers traveled (down 0.9% from 5.58 million in 2024), along with 245,004 cargo units (down 19.2% from 303,234 in 2024) and 760,473 passenger vehicles (down 2.2% from 777,592 in 2024). The Estonia–Finland route carried 3.6 million passengers (up 1.8% from 2024), Finland–Sweden about 1.4 million (down 2.4% from 2024), and Estonia–Sweden over 0.5 million (down 12.5% from 2024, partly due to changes in vessel operations on the route during summer 2024).

CEO Paavo Nõgene noted challenges from economic uncertainty in Finland, reduced cargo flows (though improving early 2026), and lack of maritime support in Estonia, creating competitive disadvantages. Internal adaptations, including selling three vessels and reducing debt by EUR 94 million, helped optimize costs. Investments rose to EUR 33 million (up EUR 11 million from EUR 22 million in 2024), mainly for upgrades on SILJA SERENADE and BALTIC PRINCESS.

Progress on sustainability included bunkering biomethane on shuttle vessels, reaching 75% of supply targets. The company extended cruise vessel useful life to 45 years and sold green units under FuelEU Maritime.

Overall, 2025 was difficult but satisfactory given the environment, with focus on debt reduction and green initiatives.

© Shippax