Helsinki, Finland, 2012-11-08 14:49 CET (GLOBE NEWSWIRE) -- Finnlines Plc Stock Exchange Release November 8, 2012 at 15:50
FINNLINES IMPROVES ITS EFFECTIVENESS FURTHER
To improve the financial result, Finnlines will cut excess capacity by chartering MS Europalink bareboat for 5 years to its mother company Grimaldi Group at market levels.
The vessel will sail under Italian flag in the Mediterranean Sea after carrying out some technical improvements which will be financed by Grimaldi Group.
Finnlines Plc
The Board of Directors Uwe Bakosch
President/CEO
Distribution:
OMX Helsinki Stock Exchange
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