Helsinki, Tallinn Ports get €15m EU funding

A twin-port project of the Port of Helsinki and the Port of Tallinn has received a funding of about 15.4 million euros from the European Union, said the Port of Helsinki in a press release on Tuesday.

The four-year project named “The Twin-Port VI” is a continuation of the long-term cooperation between the ports of Helsinki and Tallinn, which will continue to reduce transport system emissions and improve the conditions for passenger and freight transport operations.

The total budget of the project is €30.8 million, of which EU funding covers 50%.

The Port of Helsinki’s share of the grant is about €5.2 million.

The project includes onshore power systems for vessel traffic in Vuosaari which will cut down emissions and increase sustainability.

“Port of Helsinki’s investments will reduce emissions and improve the efficiency of both passenger and freight transport. The approximately 5.2 million euros in EU support we have now received is important for carrying out our investments. It also shows that the goals of our projects are in line with the development goals of European transport systems,” said Pekka Meronen, Director in charge of finance, ICT and development of Port of Helsinki Ltd.

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

The Port of Helsinki is one of Europe’s busiest passenger harbours and Finland’s leading general port for international freight traffic, aiming to be a pioneer in sustainable port operations.