No major cargo ship registered in Estonia
High taxes have caused what few cargo ships remained to leave the Estonian register, whereas it might be too late to bring them back.
29.09.2016, Adele JohansonPM
Leedo says Padar blabs too much
Interview by businessman Ärimees Vjatšeslav Leedo to local newspaper Saarte Hääl that he owns.
The tardy ferries and a triumphant Leedo
Come fall, the Estonian taxpayer is faced with the next hefty additional bill due to rearrangements of mainland-islands ferry traffic. For a month now, the grapevine is confidently declaring that of the four new vessels only one will be completed on time - with luck. Therefore, at least for a while the state desires to buy operating service from the businessman Vjatšeslav Leedo.
28.07.2016, Andres EinmannPM
Tiit Vähi: anti-Russia torch of war damaging to business
Estonia ought to alter current course and support removal of anti-Russia economic sanctions imposed after annexation of Crimea says former prime minister turned transit businessman Tiit Vähi.
04.07.2016, Andres ReimerPM
State faced with payment of tens of millions to Leedo
Estonian state is in for mega losses should European Commission and court allow appeal by Saaremaa Laevakompanii (SLK) owner Vjatšeslav Leedo regarding a string of alleged violations with regular ferryboat services procurement.
15.06.2016, Oliver KundPM
Leedo: price of political support stood at €4m
At Tartu County Court this Monday, shipping businessman Vjatšeslav Leedo testified that former Port of Tallinn board member Allan Kiil (then Reform) asked him for €4m in 2014 in return for political support which would have ensured Mr Leedo the support needed to have ferryboat traffic contract extended. According to him, Mr Kiil said he would have had, regarding paying the money and getting the support, to communicate with then Port of Tallinn chairman Remo Holsmer (Reform), who «does that thing at the port».
19.05.2016, Oliver KundPM
A €120m deal with just two guys guilty?
A Polish shipyard will be late with one of the ferries for Saaremaa as the mess of a contract allows ignoring the deadline set by Estonians. Former minister and port council are tossing the responsibility around like a hot potato, making Port of Tallinn ex-managers Allan Kiil and Ain Kaljurand the sole culprits.
18.05.2016, Oliver KundPM
Small towns in race for ferry link to Kotka
As international passengers grow exceedingly numerous, businessmen Tiit Vähi in Sillamäe and Einar Vallbaum in Kunda are in earnest competition for ship line to Kotka, a coastal city in Finland.
09.05.2016, Andres ReimerPM
Estonian union has ship seized by court for unpaid wages
Acting upon a request from the Estonian Seamen's Independent Union (EMSA), the Tallinn-based Harju county court has impounded the ship Symphony of Green Shipping OU over the shipper's debt of more than 53,000 euros in unpaid wages to the crew since October 2015.
Soome riik jagas mullu firmadele toetusteks ligi miljard eurot
Soome rahvusringhäälingu (Yle) andmetel jagas Soome riik eelmisel aastal firmadele toetusteks ligi miljard eurot.
The political ferryboat traffic racket
A year ago, a bribery scandal of historical proportions was meant to erupt in Estonia. Those closest to ferryboat businessman Vjatšeslav Leedo (63), one dealing with politicians for decades, were planning to go public with a local political heavyweight's demand that a record breaking €30m be paid for extending the operating contract.
18.09.2015, Risto BerendsonPM
Ferryboat traffic takeover spawns bribery scandal
A major part of the Port of Tallinn corruption scandal that erupted yesterday is linked to rearrangement of mainland-islands ferryboat traffic. Millions have been pocketed.
27.08.2015, Tuuli KochPM
Finns eye Estonian empty cans cash
Bought on the ferry and sipped home in Finland, the beer cans now accepted at Helsinki West Harbour, are about to sink Estonia's empties-returning system effective for a decade. Namely: the cans can indeed be returned in Helsinki for eight cents, but the guarantee money has actually not been paid for them they way it is when buying from Estonian retail network.
21.08.2015, Hanneli RudiPM
Ferry queues are here to stay
Up to five hours of waiting to get on ferryboats at Kuivastu and Virtsu ports on popular travel days - the new normal for folks headed to Saaremaa, this summer and in all likelihood also the next.
13.08.2015, Aivar ÕepaE24
Vaata, millised olid kümme eelmise aasta suurimat pankrotti
Läinud aastal läks pankrotti 428 ettvõtet, mida on 6,8 protsenti vähem kui aasta varem.
10.03.2015, Marge TubalkainPM
Maltese maritime investigators probing grounding of Estonian-owned MV Kertu
The Marine Safety Investigation Unit of Malta is investigating the grounding of the Maltese registered MV Kertu, a general cargo vessel belonging to the Estonian company Baltic Maritime Logistics Group that ran aground near the south end of the Stockholm archipelago in Swedish territorial waters early on Wednesday, Malta Today reported.
The hidden impact of dismantling a monopoly
In the isle of Saaremaa, hundreds of employees today depend on the businessman Vjatšeslav Leedo who built up his empire largely on government-given ferry-money. Should the state turn off the funds in 2016, they’re asking: «What about us?».
17.10.2014, Oliver KundPM
FinMin doubts lawfulness of way ferry tender was handled
The Estonian Finance Ministry finds that the Ministry of Economic Affairs and Communications may have violated the law by awarding the island ferry service contract for the next ten-year period by a negotiated tendering procedure and as a result it may be necessary to declare the outcome invalid.
Port of Tallinn sails to victory in ferry operator contest
The talks-based procurement for 10-year operating of mainland to Saaremaa/Hiiumaa ferryboat connection, starting 2016, was won by state enterprise Port of Tallinn with subsidiaries TS Laevad and TS Shipping.
15.10.2014, Aivar ÕepaPM
Estonian state owned port co wins ferry operator tender
The winning offer in the tender of the Ministry of Economy and Communications for the next ten-year contract to operate ferries between the mainland and Estonia's largest western islands was made by OU TS Laevad and OU TS Shipping, subsidiaries of the state owned port company Tallinna Sadam (Port of Tallinn).
Last large cargo ship exits Estonian flag
Kurkse, a break bulk container carrier owned by Estonian Shipping Company Ltd, was deleted from ship register in February. Its «sister» Kalana’s turn came on April 16th. «No bona fide cargo ships left under the Estonian flag,» noted Tarmo Ots, department head at Maritime Administration.
30.04.2014, Andres ReimerPM
Estonia to write off €700,000, minimum
The state has wasted at least €700,000 to design an Arctic ice-breaker never to be built. Of that, €150,000 shall be fine for premature termination of contract. The rest has been paid to a Finnish company for project design already done. On top of this, the state has transferred €957,000 as advance payment to the account of Aker Arctic Technology. According to economy ministry vice chancellor Eero Pärgmäe, they have the company’s oral agreement to get the money back.
24.04.2014, Nils NiitraPM
Ministry pulls wool over EU eyes
«Total madness... Well I understand business you know, but, what’s the state up to, here?» wondered Riigikogu member Mikhail Stalnukhin (Centre Party).
15.11.2013, Mikk SaluPM
Govt backs monitoring of CO2 emissions from shipping
The Estonian government on Thursday gave its backing to a proposed regulation of the European Parliament and the Council according to which owners of large ships using ports of the European Union will have to start monitoring and reporting annual carbon dioxide emissions from ships.
Viking Line reports smaller Helsinki-Tallinn market share
The market share of Viking Line on the Helsinki-Tallinn route in the first half of 2013 was 23.1 percent, 1.3 percentage points smaller than in the corresponding period a year ago, the listed Finnish shipper told the stock exchange.