TS Laevad
Company based in Estonia / From Wikipedia, the free encyclopedia
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TS Laevad ("TS Ships") is an Estonian ferry company which operates two routes between the Estonian mainland and the islands of Hiiumaa and Muhu in the Baltic Sea. Muhu is connected by a causeway to Estonia's largest island, Saaremaa.[2]
Not to be confused with TS Shipping, another subsidiary of the Port of Tallinn
Quick Facts Industry, Founded ...
Industry | Maritime transportation |
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Founded | 19 June 2014 |
Headquarters | , |
Area served | West Estonian archipelago |
Key people | Indrek Randveer (CEO) |
€34.78 million (2022)[1] | |
Parent | Port of Tallinn |
Website | Official website |
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The company is a fully owned subsidiary of the Port of Tallinn (Estonian: Tallinna Sadam), which is in turn majority-owned by the Estonian state.[3] The state subsidises the ferry routes with a sum of over €20 million per annum.[4]
The company operates five ice class ferries, four of which were purpose-built, with an additional zero-emission ferry expected to be delivered in 2026.[5]