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ESL acquires m/s Alppila

(Posted on 03/09/19)

ESL Shipping Ltd., part of Aspo Group, has acquired bulk carrier Alppila from SEB Leasing. The acquisition was made in accordance with the terms and conditions of the lease agreement signed in 2011.

Designed to meet the needs of ESL Shipping's customers, m/s Alppila is a self-unloading bulk carrier specially built for Baltic Sea operations. She is equipped for Finnish winter conditions and capable of operating even in the northernmost ports of the Baltic Sea. The length of the vessel is 156 meters and her maximum draft with a full cargo is 9.4 meters.

The transfer of ownership will improve ESL Shipping’s profitability already for the second half of 2019.

ESL Shipping Ltd is the leading carrier of dry bulk cargoes in the Baltic region. Our main clients are the power generation, steel and chemical industries to whom we carry raw materials such as coal, iron ore and limestone. ESL Shipping Ltd has been in business 70 years and is a subsidiary of Aspo Plc

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