ESL Shipping sheds Supramax vessels
ESL Shipping has signed a memorandum of understanding with HGF Denizcilik Limited Sirket, a Turkish shipping and logistics company, to sell two of its Supramax class vessels named Arkadia and Kumpula. This decision is a...Read more
Varma, OP Finland complete minority investment in ESL Shipping
Varma Mutual Pension Insurance Company has completed its minority stake acquisition in ESL Shipping a dry bulk and project cargo carrier. Varma co-invested €15 million alongside OP Finland Infrastructure, completing all transactions at the end...Read more
Varma joins OP Finland as ESL Shipping investor
Dry bulk and project cargo carrier, ESL Shipping, an Aspo subsidiary, has secured an €15 million investment from Varma Mutual Pension Insurance Company and OP Finland Infrastructure. As a result, the combined investment into ESL Shipping...Read more
Another AtoB@C Shipping newbuild hits the water
ESL Shipping’s subsidiary AtoB@C Shipping, saw its third 5,350 dwt plug-in hybrid newbuild vessel, Ecomar, hit the water at Chowgule Shipyard. The outfitting, including the final painting, will continue at the outfitting quay.Read more
Mikki Koskinen named ECSA VP
The General Assembly of the European Community Shipowners’ Association (ECSA) has chosen Mikki Koskinen, the Managing Director of ESL Shipping, as its vice president for the years 2024 and 2025. It is customary for the...Read more
First of 12 plug-in hybrid coasters delivered to ESL’s AtoB@C Shipping
AtoB@C Shipping, an ESL Shipping company, took delivery of Electramar on December 15, the first vessel in the series of twelve plug-in hybrid coasters. These vessels are designed to reduce CO2 emissions by up to...Read more
Outokumpu tags AtoB@C’s hybrid fleet for sea transport
Finnish sustainable stainless steel producer, Outokumpu, has signed a deal with ESL Shipping’s unit, AtoB@C Shipping, to deploy its hybrid newbuilds for import and export shipments from its Tornio steel mill. Through the contract, the companies target...Read more
More wind turbine components reach Port of Kaskinen
On to the next oneHandling of wind turbines arriving at the Finnish port of Kaskinen has only been picking up since starting in February this year. A regular guest during the period has been ESL Shipping’s multipurpose vessel Kallio...Read more
ESL Shipping targets renewables and project cargo
Renewable energy and project cargo markets have piqued the interest of ESL Shipping as the company is looking to expand its share in the sectors. To that end, ESL Shipping has appointed Juha Ylitalo as...Read more
AtoB@C Shipping’s plug-in hybrid fleet takes shape
ESL Shipping’s subsidiary AtoB@C Shipping is making progress with the construction of its 12 plug-in hybrid coasters. The vessels are on order at the Chowgule Shipyard in India, and the second unit, Stellamar, has been...Read more
GAC acquires Norra Skeppningsgruppen
The ESL Shipping subsidiary, Norra Skeppningsgruppen (NSG), is the second Swedish ship agency acquired by GAC Group this year. The transfer was completed 1 December 2022.Read more
ESL is first shipping company to use Neste’s co-processed marine fuel
The Finnish company, ESL Shipping has turned to Neste’s new Marine 0.1 Co-processed marine fuel, to reduce greenhouse gas (GHG) emissions from its vessels.Read more