TS Laevad

Not to be confused with TS Shipping, another subsidiary of the Port of Tallinn
TS Laevad OÜ
IndustryMaritime transportation
Founded19 June 2014
Headquarters
Tallinn
,
Estonia
Area served
West Estonian archipelago
Key people
Indrek Randveer (CEO)
€36.66 million (2023)[1]
ParentPort of Tallinn
WebsiteOfficial website Edit this at Wikidata

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]

The company is a fully owned subsidiary of the Port of Tallinn (Estonian: Tallinna Sadam, "TS"),[3] which is in turn 70 percent owned by the Estonian state.[4] The state subsidises the ferry routes with a sum of over €20 million per annum.[5]

The company operates five ice class ferries, four of which were purpose-built, with a new environmentally friendly vessel expected to be delivered in 2027.[6]

  1. ^ Dun & Bradstreet credit reports. TS Laevad OÜ.
  2. ^ Praamid.ee. (Official website of TS Laevad OÜ).
  3. ^ Port of Tallinn. The subsidiary company of Port of Tallinn, TS Laevad OÜ, has published a call for tenders to purchase ferries.
  4. ^ Cite error: The named reference profits was invoked but never defined (see the help page).
  5. ^ ERR News. Ministry plans to buy up majority of island ferries.
  6. ^ ERR Novosti. Государственный флот объявил тендер на строительство нового парома для маршрута Виртсу-Куйвасту (The State Fleet has announced a tender for the construction of a new ferry for the Virtsu-Kuivastu route).