Birka, which is partially owned by Viking Line, managed a solid 2025, with 570,000 passengers. This is a good, or at least satisfactory, number for the future, considering that it is a fine but old and relatively small vessel. In my opinion, Birka’s value and potential have not been priced into Viking’s share, as this is a good start and, with the right conceptualization, Birka can find new markets. If nothing else, at a mature stage, it could even be listed as its own company in Helsinki or Stockholm. It’s great that this vessel, which was idle for a long time, is back in operation and generating cash flow.
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