Finnlines - Company Announcement

Port of Helsinki has applied for a temporary court order against Finnlines' subsidiary Finnsteve

Helsinki, Finland, 2015-10-05 11:01 CEST (GLOBE NEWSWIRE) -- 
Finnlines Plc                                               Stock Exchange
Release 5 October 2015 at 12:00 



PORT OF HELSINKI HAS APPLIED FOR A TEMPORARY COURT ORDER AGAINST FINNLINES'
SUBSIDIARY FINNSTEVE - FINNSTEVE CONSIDERS THE REQUESTS PROFOUNDLY GROUNDLESS 

The Port of Helsinki Ltd (“Port of Helsinki”) has filed an application for a
temporary court order against Finnlines Plc's subsidiary Finnsteve Oy Ab
(“Finnsteve”) in the Helsinki District Court. With the application for an
interim court order the Port of Helsinki is requesting a right to force
Finnsteve to empty certain areas in the Vuosaari harbour which are essential to
Finnsteve's business and operations and to oblige Finnsteve to provide crane
services on request by the two cranes owned by Finnsteve to any third party
designated by the Port of Helsinki. The Port of Helsinki has not given any
information showing that there would be any third parties in need of additional
areas or crane services in Vuosaari harbour. 

The temporary court order, if granted, would be in force until a final and
legally binding judgement has been received in separate legal proceedings
regarding the merits of the allegations made by the Port of Helsinki. 

Finnsteve considers the requests of the Port of Helsinki profoundly groundless
and against the terms and conditions of the agreement in force since 2007 for
20 years between the Port of Helsinki and Finnsteve. 

Finnsteve will submit the response within the time given by the District Court.

Further information: Tapani Voionmaa, Group General Counsel, tel. +358 50 565
5207 



Finnlines Plc

Tom Pippingsköld                                      Tapani Voionmaa
CFO                                                           Group General
Counsel 





DISTRIBUTION
Nasdaq OMX Helsinki Ltd
Main media





About Finnlines
Finnlines is a leading shipping operator of ro-ro and passenger services in the
Baltic Sea and the North Sea. The Company is listed on the NASDAQ OMX Helsinki
Ltd and is a part of the Grimaldi Group, one of the world's largest operators
of ro-ro vessels and the largest operator of the Motorways of the Sea in Europe
for both passengers and freight. This affiliation enables Finnlines to offer
liner services to and from any destination in the Mediterranean, West Africa as
well as the Atlantic coast of both North and South America. 

www.finnlines.com