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COBALT represented Port of Tallinn in a dispute with Vesta Terminal

2018-07-10

COBALT Estonia represented Port of Tallinn in a dispute with Vesta Terminal Tallinn OÜ. Vesta Terminal, a cargo operator at Muuga Harbour, filed an action against Port of Tallinn to amend the terms of the cooperation agreement concluded between the parties. By the ruling of 20 June 2018, the court refused to hear the action of Vesta Terminal.

Port of Tallinn is the owner of the third largest passenger port in the Baltic Sea Region, the fourth largest passenger port in Northern Europe in terms of passenger traffic and the largest cargo port in Estonia in terms of cargo volumes. Port of Tallinn and its subsidiaries have a diversified portfolio of operations, including passenger harbours, cargo harbours, domestic ferry service connecting Estonia's mainland with its two largest islands, and other services. The company is listed on Nasdaq Tallinn.

Port of Tallinn was represented in court by managing partner Jaanus Mody and senior associates Merle Veeroos and Rauno Ligi.