Finnlines - Company Announcement

FINNLINES INVESTS IN ENVIRONMENTAL TECHNOLOGY

Helsinki, Finland, 2014-05-07 16:30 CEST (GLOBE NEWSWIRE) -- Finnlines  Plc    
            Stock Exchange Release  7 May 2014 at 17:30 







FINNLINES INVESTS IN ENVIRONMENTAL TECHNOLOGY



Finnlines Plc has today undersigned extensive contracts with two major
suppliers for installation of exhaust gas scrubbers for the most of the Group's
ships. 



The first installations will be completed by the end of 2014 and the rest in
early 2015. 



Being equipped with sulphur scrubbers, Finnlines ships will comply with the IMO
and EU SOx emission regulations in a cost-efficient manner.  The new stringent
regulations will enter into force in the Sulphur Emission Control Areas on 1
January 2015. Scrubbers will reduce exhaust gas emissions, such as sulphur
oxide emissions and particulates efficiently and also some nitrogen oxide
emissions. 



Finnlines has also signed a contract for reblading of propellers on the
Star-class roro-passenger ships. Modification will be done during 2014. The
investment will greatly reduce the required engine output, it will reduce fuel
consumption and improve speed with the same machinery power. 



These investments are part of the 2014 capex programme, which will amount to
EUR 50 million. 





Finnlines Plc







Tom Pippingsköld               Tapani Voionmaa

CFO                            Group General Counsel







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Nasdaq OMX Helsinki Ltd

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About Finnlines
Finnlines is one of the largest North-European liner shipping companies,
providing sea transport services mainly in the Baltic and the North Sea.
Finnlines' passenger-freight vessels offer services from Finland to Germany and
Sweden, from Sweden via the Åland Islands to Finland and from Germany to
Russia. The company has subsidiaries in Germany, Belgium, Great Britain,
Sweden, Denmark and Poland which all are also sales offices. In addition to sea
transportation, the Company provides port services in Helsinki and Turku. 

www.finnlines.com