Mv Kumpula

Finnish based ESL Shipping has yesterday successfully completed the sale of supramax vessels Mv “Arkadia” and Mv “Kumpula” on 11th June 2024.

The Two supramax vessels were sold to companies belonging to the Turkish shipping and logistics group HGF Denizcilik Limited Sirket, and the sale price was USD 37.1 million.

The 1A ice-strengthened, 56,000 dwt Supramax vessels Mv “Arkadia” and Mv “Kumpula” were delivered to ESL Shipping in 2012, and both vessels have sailed under the Finnish flag.

The length of the vessels is 197 meters and the maximum draft with a full cargo is 13.0 meters.

The sale of Supramax vessels is part of ESL Shipping’s strategy to concentrate on developing its partnership strategy with current and future customers, focusing on handysize bulk carriers and shortsea coaster vessels.

Mikki Koskinen, Managing Director of ESL Shipping., says that “The sale will support our roadmap towards green shipping and our ambition to bring fossil-free handysize vessels to the market. The sale enables us to allocate even more resources to accelerate the green transition.“

Source: ESL Shipping