Finnlines Again to Cut Jobs

Business & Finance

Finnlines Again to Cut Jobs

North European liner-shipping company Finnlines Plc has started employer-employee co-operation negotiations concerning the crew serving the Ro-Ro/Passenger ferry MS Finnsailor, which could lead to 52 of the company’s sea personnel losing their jobs.

The crew of Finnsailor might go down the same path as the crew of MS Finnhansa in September 2014, when the company decided to sell the vessel, saying that the sale might lead up to 10 employees losing their jobs.

In both cases the company stated the same reasons for taking these drastic steps, saying that the lines were, or will be unprofitable due to the predominant overcapacity, and also the changes in environmental legislation, especially the so-called sulphur directive entering into force on January 1, 2015.

The charter of MS Finnsailor is planned to be ended during January 2015. The Finnsailor sails between Naantali, Finland and Kapellskär, Sweden.

[mappress]
Press Release, October 08, 2014