Cobalt Successful for Port of Tallinn in Dispute Against Vesta Terminal

Cobalt Successful for Port of Tallinn in Dispute Against Vesta Terminal

Estonia
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Cobalt Estonia has successfully represented Port of Tallinn in a dispute against Vesta Terminal Tallinn OU.

According to Cobalt, Vesta Terminal, a cargo operator at Muuga Harbor, filed an action against the Port of Tallinn to amend the terms of the cooperation agreement concluded between the parties. In its ruling of June 20, 2018, the court refused to hear the action.

Port of Tallinn and its subsidiaries have a diversified portfolio of operations, including passenger harbors, cargo harbors, 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 by Managing Partner Jaanus Mody and Senior Associates Merle Veeroos and Rauno Ligi.