Posts tagged as Port of Tallinn

Tallink takes Port of Tallinn to court

Tuesday, March 2, 2021

Shipping line Tallink Grupp is suing state owned Port of Tallinn over fees covering a three-year period. Tallink, whose claim totals €15.4 million, says the fees were excessively high. Tallink filed the legal claim at Harju County Court Monday. The port fees concern the main ferry harbor in central Tallinn, and Tallink is citing the terms of the Competition Act in its claim. Tallink CEO Paavo Nõgene said: “Tallink Grupp…

Port of Tallinn takes €20 million loan for Old City Harbor construction

Wednesday, May 27, 2020

The Port of Tallinn entered into an unsecured loan agreement with SEB Bank for up to €20 million, with a term of five years, to develop Tallinn’s Old City Harbor. The base interest rate of the loan is six-month Euribor, plus an interest margin. The loan can be drawn in two payments, the first of €10 million must be drawn by July 30 at the latest and the second tranche…