Category: In English

Does Finland’s NATO membership provide an opportunity to improve maritime security of supply?

At the beginning of February, I was taking a course to update my know-how of national defence, security of supply chains and crises situations. It was a continuation of the previous course. Six years ago, the things studied were distant and theoretical, today they are far too close. We have just survived the pandemic. A … Continue reading Does Finland’s NATO membership provide an opportunity to improve maritime security of supply? →

Emissions trading increases sea transport prices, doesn’t it?

Recently, it has been widely discussed that the emissions trading increases the prices of sea transport. However, economic theories tell us that the price of a product is not based on costs, but it is formed by supply and demand. The price is an agreement between the seller and the buyer. In principle, the seller … Continue reading Emissions trading increases sea transport prices, doesn’t it? →

The government must not slow down the green transition of shipping

If subsidies for shipping are really wanted, they should be allocated to innovations and the introduction of new technology. In November, it was reported that Finland will switch to shipping emissions trading, but companies have not yet taken it into account (HS 15.11). The news mentioned that the emissions trading will increase Finland's export costs … Continue reading The government must not slow down the green transition of shipping →

Risk management in supply chains is increasingly important

I'm sure I'm not the only one who feels like the world has gone unstable. One of our concerns is our country's security of supply. How will consumers get the products they need from abroad in the future, and how will industry handle the necessary transportation? The war in Ukraine is the third consecutive global … Continue reading Risk management in supply chains is increasingly important →

Money Guides the Maritime Green Transition

It is often said that ‘the only green the maritime sector follows is the dollar’. The maritime green transition will become true when it is financially justifiable and increases the competitiveness of shipping companies. Environmental regulations In 2018, the International Maritime Organization (IMO) set a goal of reducing greenhouse gas emissions of shipping by 50 … Continue reading Money Guides the Maritime Green Transition →

Helsinki and Tallinn create a Green Corridor together: “This is the only way forward”

"FIN-EST Green Corridor - stands out from other projects, among other things, because in addition to the ports, all three passenger-car ferry companies and cities are part of it." On Monday, October 9, the ports and cities of Helsinki and Tallinn, and three shipping companies Tallink, Viking Line and Eckerö, signed the FIN-EST Green Corridor … Continue reading Helsinki and Tallinn create a Green Corridor together: “This is the only way forward” →

Estonian maritime transport: Importance of Russian transit is decreasing

For decades cargoes handled in Estonian ports have been mainly Russian transit traffic. The situation is changing. In 2022 Russian transit traffic was only about 44 per cent of Estonian sea traffic, while Finnish traffic (trade plus transit) was already 26 per cent of volumes. In summary, Finland is not yet as big maritime partner … Continue reading Estonian maritime transport: Importance of Russian transit is decreasing →