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Viking Line

Viking Line

The Viking Line Group provides passenger and cargo carrier services using seven vessels on the northern Baltic Sea and in the Gulf of Finland. The vessels served the same routes as in 2020, although the vessels that normally sail between Helsinki and Stockholm have been taken out of service due to the COVID-19 pandemic. The total number of passengers on Viking Line's vessels during the report period was 170,362 (842,229). The Group had a total market share in its service area of approximately 28.1% (28.1%). Viking Line's cargo volume was 31,755 cargo units (31,538). Viking Line's share of the cargo market was approximately 17.0% (17.1%). The market share for passenger cars was approximately 29.6% (23.9%). Due to the ongoing pandemic, all travel has been sharply limited. However, the European Commission has now decided to implement Digital Green Certificates (DGCs) for people travelling between EU countries for the summer of 2021. DGCs provide countries in this service area with a framework for the controlled easing of national travel restrictions currently in effect. As national COVID vaccination programmes are carried out, expectations are that demand for local tourism in particular could grow going forward.

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About Viking Line

Founded

1959

Estimated Revenue

$500M-$1B

Employees

251-1K

Category

Sector

Industrials

Industry Group

Transportation

Industry

Transportation

SIC Code

4731

NAICs Code

488

Location

City

Stockholm

State

Stockholm

Country

Sweden

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