July 25, 2017 1:39 AM ET

Marine

Company Overview of Väinamere Liinid OÜ

Company Overview

Väinamere Liinid OÜ provides passenger and freight ferry services. The company was founded in 2005 and is based in Kuressaare, Estonia. Väinamere Liinid OÜ operates as a subsidiary of Saaremaa Laevakompanii As.

Kohtu 1

Kuressaare,  93819

Estonia

Founded in 2005

Phone:

372 4 524 350

Key Executives for Väinamere Liinid OÜ

Väinamere Liinid OÜ does not have any Key Executives recorded.

Väinamere Liinid OÜ Key Developments

Vainamere Liinid OU Loses Last Litigation to Contest Ferry Tender Outcome

The Supreme Court of Estonia refused to accept a petition for review by the Vainamere Liinid OU, meaning that the company has lost the last of the lawsuits filed by it after losing the tender for a new 10-year contract to operate subsidized ferries to Estonia's large western islands. In that litigation, the company belonging to Vjatseslav Leedo contested the qualification of the Port of Tallinn subsidiaries TS Laevad and TS Shipping for the public procurement tender. Vainamere Liinid filed the first of the applications contesting the outcome of the tender after the completion of the tender procedure in October 2014. Once rejected by the dispute settlement committee, the contestations moved on to courts of law. The Ministry of Economic Affairs and Communications held a tender in September 2014 for a 10-year contract to operate ferries on the Rohukula-Heltermaa and Kuivastu-Virtsu routes as part of which the winning tenderer can obtain ferries with the necessary ice class to operate the routes. The tender was won by a joint offer of TS Laevad and TS Shipping ahead of Vainamere Liinid.

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Recent Private Companies Transactions

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