Finland has a new shipping line

Finland has a new shipping line

Finland has a new shipping company. Aalto Shipping Company has started operating with two ice class 7,750 dwt dry bulk carriers – the Aurora and the Bothina taken on long time charter from a German owner. The new line was created by local wealth management fund Taaleri.

“The shipping company project restores tonnage to Finnish hands, since the vessels will operate under the leadership of Finnish officers. The ships acquired now are familiar farers of the Baltic Sea, and one of them previously served the Finnish paper industry for many years,” said Tatu Laurila, managing director of Aalto.

“Our domestic shipping company project immediately aroused great interest among our customers. In our co-investment model, Taaleri carries the owners’ risk together with its customers. We have found highly competent people to take charge of the project,” said Jorma Alanne, investment director at Taaleri.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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