How did Finnish sea transport volumes look like in 2023?

Finland's economy is highly dependent on world trade. Due to its geographical location, sea transport is the most significant form of transport in Finland - especially now that trade with Russia has decreased considerably. In 2023, the Finnish foreign trade was just under 230 billion euros, of which almost exactly half was imports and half … Continue reading How did Finnish sea transport volumes look like in 2023?

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

Finland’s export’s dependence on sea transport is decreasing all the time – How in the future?

In 2022, only a good half of the value of Finnish exports was transported by sea. The share of sea transport in exports is decreasing all the time, while the share of services is increasing. What will be the need for Finnish sea transport in the future, when the green transition can even make Finland … Continue reading Finland’s export’s dependence on sea transport is decreasing all the time – How in the future?

How did Finnish sea transport volumes look like in 2022?

In 2022, Finland's foreign trade by sea was 95 million tons. The amount varies every year, but in practice, for the last 20 years, foreign trade by sea has remained at the same level. Figure 1. Finland's foreign trade by sea (source: Statistics Finland, Statfin). About 10 percent of this foreign trade was on trucks, … Continue reading How did Finnish sea transport volumes look like in 2022?

The development of maritime safety in the Baltic Sea, how does the war in Ukraine affect it?

Statistics show that major oil accidents in the world's seas and, above all, the amount of oil spilled into the sea have decreased year by year. This information is of course gratifying, but what is the situation in the Baltic Sea? Figure 1. The amount of oil spilled into the sea in oil accidents 1970-2022. … Continue reading The development of maritime safety in the Baltic Sea, how does the war in Ukraine affect it?