Finnish owner orders Supramax pair

11 May 2010
Computer generated image of the new Supramax bulkers ordered by ELS Shipping

Computer generated image of the new Supramax bulkers ordered by ELS Shipping

ESL Shipping in Finland has ordered two ice classed geared bulk cargo vessels from the Korean shipbuilder Hyundai Mipo Dockyard.

The new 56,150 dwt Supramax vessels are considerably larger than ESL Shipping's existing bulk carriers and will represent a total investment of about EUR 60 million. The newbuildings, which meet the ice class 1A, have been tailored for ESL Shipping and will be delivered in the first half of 2012.


“The Baltic Sea cargo markets will continue growing as the economic development in the area recovers. Simultaneously the need to transport raw materials around the year with ever growing vessels is increasing. We are increasing our capacity by over 50 percent, which means that we can improve and expand the service we offer our existing customers. At the same time, we can participate in new projects where transportation reliability around the year is crucial. The new self-unloading vessels with ice-strengthening are unique in their size class. In the planning, we have paid particular attention to environmental issues and therefore the vessels will include, for instance, ballast water treatment equipment. Ice model testing will be carried out at Aker Arctic's laboratory in Helsinki,” said Markus Karjalainen, ceo of ESL Shipping.

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