VG-Shipping secures more tonnage for Meriaura with RABN share purchase

VG-Shipping secures more tonnage for Meriaura with RABN share purchase

VG-Shipping secures more tonnage for Meriaura with RABN share purchaseVG-Shipping / Meriaura Group

VG-Shipping, a Finnish investor, and the main owner of Savosolar-Meriaura Group, has acquired a share in the Turku-based shipping company Rederi Ab Nathalie (RABN). The acquisition of a 35 percent share in RABN was completed on December 29, as a combination of share sale and share issue that strengthens RABN’s capital structure and improves company’s ability to invest in further growth.

RABN is a Turku-based shipping company, that owns and manages five vessels in the size of 3000-5000 dead weight tons. Two of the RABN’s vessels are time chartered to Meriaura, and three to other shipping companies. The cornerstone of RABN’s operations is the Finnish flag and a skilled crew.

“The purpose of the arrangement is to strengthen the good, long-term cooperation between our companies and ensure Finnish coaster tonnage for Meriaura,” says Jussi Mälkiä, CEO of VG-Shipping.

The companies’ common goal in the future is to make significant investments in tonnage for the needs of the Finnish industry, taking into account the future emission reduction and other requirements of sustainable maritime logistics.

“With this cooperation, we boost the Finnish shipping industry, security of supply, and we are better positioned to meet the demand of the green transition, says Antti Partanen, CEO of Rederi Ab Nathalie.

Author: Adnan Bajic

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