Finnlines posts higher H1 profit despite soaring energy costs

Finnlines reported first‑half 2026 revenue of €412.4 million, up from €351.9 million a year earlier. Operating profit rose to €55.8 million from €39.9 million, and earnings before tax increased to €51.2 million versus €33.8 million.

The company transported about 409,000 cargo units, 42,000 cars and 595,000 tonnes of non‑unitised freight, while 431,000 passengers and professional drivers used its services. CEO Thomas Doepel said the first six months were marked by “structural volatility” in shipping, driven by the Middle‑East conflict, the U.S.‑Israeli attack on Iran on 28 Feb 2026, and the resulting closure of the Strait of Hormuz, which pushed energy prices higher.

In addition, the EU Emissions Trading System now requires vessels to cover 100 % of their emissions, raising environmental surcharges. Finnlines attributes its resilience to long‑term investments in energy‑efficient vessels and flexible energy‑surcharge mechanisms, allowing it to maintain profitability despite the challenging energy environment.