Tallink saw its net loss for the first quarter grow as it carried fewer passengers during the “low season”.
The Estonian ferry owner posted a net deficit of EUR 20m ($21.8m), compared to EUR 12m in the corresponding quarter.
Its revenue was relatively stable at EUR 191.5m, against EUR 192.8m.
Tallink scheduled the maintenance of five cruise ferries in the first quarter, resulting in a reduction of 52 operating days.
