The Grimaldi-controlled ro-ro owner will fork out EUR 9.4m($13m) less this year, Finnlines announced today.

Finland’s parliament has chopped the corporate income taxrate to 20% from 24.5%.

The company reported a net deficit of EUR 3.9m ($5.29m) inthe nine months to 30 September, compared to a profit of EUR 5.3m in the samenine months of 2012.

However third quarter earnings came in positive at EUR 6.1mversus