Tallinn and Helsinki Ports receive EU funding worth over €15 million

The TWIN-PORT VI project has received a funding decision from the EU. The four-year project is a continuation of the long-term cooperation between the ports of Tallinn and Helsinki, which will continue to reduce transport system emissions and improve the conditions for passenger and freight transport operations.

TWIN-PORT VI supports the twin city development of Helsinki and Tallinn. The Port of Tallinn enhances the environmental friendliness of the route with its TWIN-PORT VI projects by constructing on-shore power systems at Muuga Harbour.

The project also endorses The Port of Helsinki’s development programme extending into the 2030s, aiming to renew and develop the port operations to serve the growing freight and passenger traffic. The Twin-Port VI project includes onshore power systems for vessel traffic in Vuosaari.

The overall budget of the TWIN PORT VI project for the four-year period is €30.8 million, of which EU funding covers 50%. The rest of the funding comes from the two ports respectively. The Port of Tallinn’s share of the total budget is approximately €20.3 million. The Port of Helsinki’s budget is approximately €10.5 million.

“Through a smooth flow of traffic and modern technical solutions, the Port of Helsinki’s development projects will reduce emissions and improve the efficiency of both passenger and freight transport. The approximately 15 million euros in EU support we have now received is important for carrying out our investments. It also shows that our projects’ goals are in line with the development goals of European transport systems,” says Director Pekka Meronen, in charge of finance, ICT and development at Port of Helsinki Ltd. If the supervisory board of AS Tallinna Sadam approves the investment, planning and execution of the works will begin as soon as possible.

The Port of Helsinki and Tallinn have collaborated on five previous TWIN-PORT projects and other initiatives.

“Cooperation between the Port of Tallinn and the Port of Helsinki has spanned a decade. Given the significant maritime traffic between Estonia and Finland, we actively contribute to European connectivity and, through our collaborative efforts, have become a flagship initiative. Our primary objective is to establish a green corridor linking the two ports. This project aims to ensure that, in the future, travel and freight transport between Tallinn and Helsinki will be climate-neutral,” stated Valdo Kalm, Chairman of the Port of Tallinn.

(Source: https://www.ts.ee/en/tallinn-and-helsinki-ports-receive-eu-funding-worth-over-e15-million/)

Members