EU to award grant funding for infrastructure upgrades at ports of Helsinki and Lubeck-Travemunde

The European Commission has granted a total of €22 million (US$26 million) in co-funding for the Hansalink Three project between the Port of Helsinki and the German port of Lübeck-Travemünde.

The Port of Helsinki’s share of the support is approximately €12 million (US$14 million).

The project at the Port of Helsinki will entail building new port infrastructure, deploying digital tools and streamlining passenger and cargo traffic at the port area.

The project will also entail building onshore power supply solutions suitable for the new Finnlines ships as well as automated mooring systems at the Ports of Helsinki and Lübeck-Travemünde.

The project has a total budget of €45 million (US$53 million) and is expected to be completed by the end of 2027.

Vesa Marttinen, Vice President Cargo at the Port of Helsinki, said the support by the EU, "will enable measures in ports to improve the competitiveness of the Helsinki-Travemünde corridor and develop maritime transport in line with sustainable development goals."