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

Digitalization of maritime transport now and in the future

For decades I have been speaking in lectures and writing in textbooks about the digitalization of shipping as if it were a future possibility. Now the situation has changed, the digitalization of shipping is today. Digitization is everywhere in shipping and its use and applications are increasing all the time. In a way, we have … Continue reading Digitalization of maritime transport now and in the future

Exploring the Blue Economy: PlanWiseBlue reveals insights into the Baltic Sea’s balance

The Blue Economy embodies a sustainable development approach to the responsible utilization and conservation of coastal and marine resources. PlanWiseBlue tool allows use to make use of marine resources with understanding the consequences of our actions and to improve the sustainability of the Baltic Sea. Defined by the World Bank as the "sustainable use of … Continue reading Exploring the Blue Economy: PlanWiseBlue reveals insights into the Baltic Sea’s balance

Finland’s international accessibility in an era of shrinking budget funding

The security of supply for Finland's foreign trade in the era of shrinking budget funding requires management of the entire supply chain, increasing the competition of ports and cooperation with our neighbors Sweden and Norway. We are now thinking about how to make the next 12-year transport system plan. The challenge is great. How to … Continue reading Finland’s international accessibility in an era of shrinking budget funding