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Mikki Koskinen News

04 Jan 2024

Orsel Takes the Helm as ECSA's First Female President

Karin Orsel (Photo: ECSA)

Karin Orsel has been appointed the first female President ever in the history of the European Community Shipowners’ Associations (ECSA), starting on January 1, 2024 for a two-year term, with Mikki Koskinen joining as the new Vice-President. She succeeds Philippos Philis, who has held the position since January 2022.Commenting on her appointment, new ECSA President Karin Orsel said, “The strategic role of European shipping for the security of the Europe has come to the forefront.

04 Jan 2024

Electric Hybrid Vessel Electramar Delivered to AtoB@C

(Photo: AtoB@C Shipping)

AtoB@C Shipping in mid-December took delivery of Electramar, the first vessel in its series of 12 highly energy-efficient plug-in hybrid vessels. These vessels reduce CO2 emissions by up to 50% compared to the present generation of vessels. Shore power connectivity and a large battery installation provide superior fuel efficiency and the possibility to minimize noise and emissions while in port."We are proud to be at the forefront of green shipping with these innovative vessels that combine high efficiency, flexibility and sustainability.

28 Jun 2022

ESL's AtoB@C Shipping Orders Six Hybrid-electric Bulkers

(Image: AtoB@C Shipping)

Sweden-based AtoB@C Shipping has ordered six energy-efficient hybrid-electric 5,350 dwt vessels from Chowgule and Company Private Limited shipyard in India.Total investment value of the six ships is approximately 70 million euros, according to AtoB@C, part of ESL Shipping. The order includes options for several additional ships.These new 1A ice class vessels are due for delivery starting from the third quarter of 2023.The design work of the ships and comprehensive model tests have been carried out together with the Dutch SMB Naval Architects.The greenhouse gas emissions…

11 Mar 2019

Finnish Flag for All ESL Vessels

Finland-based shipping company ESL Shipping, part of the ASPO Group, has decided to reflag its new LNG-fueled bulk carrier Haaga to the Finnish flag.According to the carrier of dry bulk cargoes in the Baltic region, the reflagging of the newbuilding Haaga is as a part of the agreement with unions. Flag change took place today in Kokkola, Finland.”We found a constructive solution with unions and are proud to finally hoist the Finnish flag onboard the Haaga”, says Mikki Koskinen, Managing Director of ESL Shipping."Having all owned vessels under Finnish flag gives us synergies in crew replacement and rotation as well as improves the competitiveness of the whole fleet through introduction of the fleet wide mixed crewing model…

18 Nov 2018

LNG Bulk Carrier Viikki Starts Baltic Sea Ops

The world's most eco-friendly bulk carrier m/s Viikki, owned by ESL Shipping, a subsidiary of the Aspo Plc, has started operating on the Baltic Sea.The 25,600-dwt vessel, 160 metres long and fuelled by liquefied natural gas, produces less than half of the carbon dioxide of previous vessel generation, thanks to LNG and many advanced technologies.M/s Viikki was built in China, and after completion first sailed to Japan to load a cargo of raw materials. From there, she arrived to the Baltic Sea through the Northeast Passage, which shortened the journey from Japan by three weeks and reduced the emissions of the journey by 40 per cent compared with going through the Panama Canal."We are highly aware of the discussion about the environmental issues relating to the maritime industry.

05 Nov 2018

AtoB@C Shipping Acquires Dry Cargo Carrier

The Swedish shipping company owned by Aspo's ESL Shipping, AtoB@C Shipping has acquired a 4,100 dwt dry bulk carrier of ice class 1A built in 2000. Previously, AtoB@C operated the vessel under a long-term time charter.The shipping company also owns the sister vessel of the newly acquired dry bulk carrier.This transaction improves the availability of vessel capacity ideal for customer contracts. It is expected to have a slight positive impact on profitability, but no significant impact on the balance sheet. The acquisition has been financed by using Aspo Group's existing financial instruments.Two months ago, ESL Shipping completed the acquisition of AtoB@C Shipping."Together we form a strong Nordic shipping company that is customer-driven.

20 Sep 2018

WE Tech Equips World’s First Dual-fuel Handysize Bulker

The first LNG dual-fueled handysize bulk carrier in the world, M/V Haaga, features a range of energy efficiency solutions on board (Photo: ESL Shipping)

The world’s first liquefied natural gas (LNG) dual-fueled handysize bulk carrier, M/V Haaga, was delivered from Chinese shipbuilder from Jinling Shipyard in Nanjing to Finnish shipowner ESL Shipping, in August.The first-of-its-kind vessel features innovative solutions from Finnish hybrid solutions company WE Tech, including Economical Operations and Boost Mode with the direct drive permanent magnet shaft generator, that help minimize energy consumption and emissions to reduce the ship's environmental footprint.The Economical Operations…

07 Sep 2018

Viikki Delivered to ESL Shipping

Finland’s ESL Shipping, an Aspo Group company, has taken delivery of liquefied natural gas (LNG)-fueled bulker Viikki from the Jinling shipyard in Nanjing, China.Viikki's sister ship Haaga was delivered on August 20. The 160-meter, LNG-fueled vessel of 25,600 dwt emits over 50 percent less carbon dioxide than the previous generation of vessels.Like its sister ship Haaga, Viikki will first head from the shipyard to Japan, from where it will arrive fully laden at the Baltic Sea approximately at the end of October. The plan is that both vessels will travel to the Baltic Sea via the Northern Sea Route.This shortens the travel time by nearly three weeks compared to the route via the Panama Canal and, therefore, significantly reduces the environmental impact of the trip.

22 Aug 2018

ESL Shipping Takes Delivery of LNG-fueled Bulk Carrier

Finnish dry bulk shipping company ESL Shipping has taken delivery of a liquefied natural gas (LNG) fueled bulk carrier named Haaga.The next-generation 25,600 dwt bulk carrier is 160 meters long and was delivered Monday to Aspo Group's ESL Shipping from Jinling Shipyard in Nanjing, China.LNG-fueled vessel generates less than 50% of the carbon dioxide emissions of the previous generation of vessels. The vessel can also be fueled by completely carbon-free biogas, once the availability of carbon-free biogas improves over time.The vessel incorporates several innovative solutions to reduce its environmental footprint by minimizing its energy consumption and emissions.

29 Jun 2018

ESL Shipping Acquires AtoB@C

Finnish dry bulker ESL ShippingLtd, a shipping company fully owned by Aspo Group, is going to acquire all the outstanding shares of AtoB@C Shipping AB and AtoB@C Holding AB (AtoB@C) that offer shipping services. The enterprise value is EUR 30 million. The final purchase price will be mainly financed by Aspo's existing financing reserves, and approximately EUR 4.2 million will be covered by new shares issued by Aspo Plc. The transaction will require the competition authority's approval in Finland to be completed. It is estimated that the transaction will be completed in the third quarter of 2018. AtoB@C is engaged in the shipping business with 30 vessels in size of 4,000-5,000 tonnes. AtoB@C owns six dry cargo vessels in full, and it has a share of 49% of two vessels.

24 Aug 2017

LNG from Skangas

Skangas and ESL Shipping have entered into an agreement for providing gas fuel to ESL’s LNG-powered bulk carrier newbuildings. These two new vessels will start operating during first half of 2018. The first of the two vessels was named “Viikki” in June 2017, honoring the shipping company’s tradition to name its ships for places in Helsinki. “This agreement is a milestone for Skangas. Ms Viikki will be the first vessel that we will serve from the new LNG terminal in Tornio”, explains Kimmo Rahkamo, CEO of Skangas. “There will be more to come. This is supported by ESL Shipping. “Our new vessels are full of innovation, and they are pioneers in eco-friendliness and transportation efficiency,” says Mikki Koskinen, Managing Director of ESL Shipping.

29 Jun 2017

MacGregor, ESL Shipping Pact on Autonomous Crane

MacGregor, part of Cargotec, and ESL Shipping Oy, part of Aspo Plc, have agreed to jointly develop and test an autonomous discharging feature on MacGregor bulk handling cranes. It is designed to offer safety and efficiency advances. The cranes will be fitted on board ESL Shipping's two new liquefied natural gas-powered handysize bulk carriers. "Autonomous crane operation improves efficiency and safety," says Leif Byström, Senior Vice President, Cargo Handling at MacGregor. "Our new environmental friendly LNG fuelled ships will be operated in very demanding trade with high number of voyages, port calls and crane operation hours annually.

12 Apr 2016

First Shippers Sign on Rolls-Royce Autonomous Ship Project

Finferries 65 metre double ended ferry, the Stella, which operates between Korpo and Houtskär in Finland will undertake a series of tests of sensor arrays in a range of operating and climatic conditions. (Photo: Rolls-Royce)

The Advanced Autonomous Waterborne Applications Initiative (AAWA) project, led by Rolls-Royce, introduced the project’s first commercial ship operators: ferry operator Finferries and dry bulk cargo carriers ESL Shipping Oy. The announcement came at a conference presenting the findings of the initiative’s first year of research at Helsinki’s Finlandia Hall last week. The AAWA project brings together universities, ship designers, equipment manufacturers and classification societies to explore the economic…

30 Mar 2016

MacGregor Equipment for ESL's Eco-bulker Duo

MacGregor, part of Cargotec, has confirmed an important order to deliver hatch covers, cranes, deck machinery and steering gear to two new 25,600 dwt dual-fuelled handysize bulk carriers for Finnish owner ESL Shipping. The ice-class vessels are the first to be built to new classification society rules introduced January 2016. The ships have been designed to set new standards in efficiency and environmental performance and introduce liquefied natural gas-powered bulkers to the market. For each vessel MacGregor will deliver three K3030-4 mechanical grab cargo cranes with a safe working load of 30 tonnes at 30m outreach, design and key components package for multi folding-type hatch covers (6+6), electrically-driven Hatlapa deck machinery and Porsgrunn steering gear.

30 Nov 2015

ESL Orders LNG-fueled Bulker following Transport Deal with SSAB

ESL Shipping Ltd and the steel company SSAB have signed a long-term frame agreement covering SSAB’s inbound raw material sea transports within the Baltic Sea and from the North Sea. The purpose of the agreement is to enable mutual, long-term gains in efficiency and to reduce overall logistics costs, while simultaneously making raw material logistics as sustainable and environmentally friendly as possible. At present, the aggregated sea transport volume covered by the agreement is estimated to be 6–7 million tons annually. Resulting from the agreement, ESL Shipping will order new, extremely energy-efficient LNG-fueled ships. These new, ice-class 1A ships will be the first LNG-fueled large bulk carriers in the world, representing the latest in technology and innovation.

27 Nov 2015

ESL Shipping to Enter the Renewable Energy Market

ESL Shipping and AB Fortum Värme have signed an agreement for biofuel transport. The agreement provides ESL Shipping with access to the renewable fuels transport market. The company's transport operations to the new Värtan Energy Port in Stockholm will commence at the end of this year. "Fortum will take an important step when its Stockholm power plant switches to more sustainable energy generation and the biofuel-fired CHP plant is completed. Biofuel is undeniably a good thing for sustainable development. The transport agreement with ESL Shipping ensures ship transport around the year in the ever-changing conditions of the Baltic Sea, and large shipments are important in efficient operations," says Trading Manager Kjell Nilsson of Fortum.

26 Nov 2015

Deltamarin to Designs First LNG Handysize Bulk Carriers

Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities. The two B.Delta26LNG vessels will be constructed for the Finnish shipowner ESL Shipping Ltd by the Chinese Qingshan Shipyard of Sinotrans & CSC SBICO. Deltamarin’s contract with the Qingshan Shipyard covers basic and detail design, procurement handling and site assistance for the two vessels based on Deltamarin’s B.Delta26LNG design. Prior to this contract, Deltamarin has performed the full concept and contract design of the ship for ESL Shipping. “Deltamarin and ESL Shipping experts have worked together for two years to develop a ship concept…