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17 November 2018 The on-line newspaper devoted to the world of transports 05:22 GMT+1



July 5, 2018

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Original news
Swede ESL Shipping has bought the society of Swedish navigation AtoB@C

The consistency of the fleet of the company of the group Reel will go up to 50 ships

ESL Shipping, Finnish shipowning society of entire property of Group Reel that has a fleet of rinfusiere employed in the Baltic Sea, has bought the society of Swedish navigation AtoB@C, company - it has specified ESL Shipping - whose value is of 30 million euros.

AtoB@C have a fleet of 30 multipurpose ships of comprised gross capacity between 4.000 and 5.000 tons, of which you are to rinfusiere of entire property, two with quota 22 properties of 49% and taken others rental. In the 2017 company it has recorded a turnover clearly of 79,3 million euros and an operating profit of 3,2 million euros.

In the 2017 ESL Shipping it has totaled a turnover clearly of 80 million euros, figure that will grow to about 160 million euros with the acquisition of AtoB@C. Moreover as a result of the transaction the cargo volumes transported annually from the fleet of the Finnish company will go up from 11-12 million tons to about 16-17 million tons. With the acquisition the consistency of the fleet of the ESL Shipping will go up to 50 ships for an ability to 468 thousand gross capacities in tons regarding the precedence ability to 331 thousand tpl. Currently the company possesses the entire property of 19 ships, has minority participation in two ships and has 28 taken ships rental.

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