ESL Shipping inks a long-term agreement for raw material sea transport with SSAB and orders the world’s first large LNG-fueled bulk carriers
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. CO 2 emissions per ton of cargo transported will be reduced by more than 50% in comparison to present vessels.
The two new vessels will be built at Sinotrans & CSC Qingshan Shipyard in China and will start operating in the Baltic Sea in early 2018. The total value of the investment is approximately EUR 60 million. The investment cash flow will be divided progressively between 2015 and 2018. The construction work is made together with the Finnish designer Deltamarin. ESL Shipping has been working in close cooperation on the ship design and tailor-made the ships according to customer needs. Special attention was given to the efficiency of cargo handling and cargo hold arrangements. The new ship also exhibits efficient operation and extensive model tests have been performed for both water (SSPA) and ice class (Aker Arctic) operations.
Technical data: capacity 25.600 dwt, lenght160 m, breadth 26 m, shallow draft10 m.
ESL Shipping Ltd is the leading carrier of dry bulk cargoes in the Baltic Sea region. The company’s main clients are the steel, power generation and chemical industries. Present fleet consists of 14 vessel units, and in 2014 the cargo volume carried was 12.1 million tons. ESL Shipping ensures availability of raw materials for industries and energy production throughout the year even in difficult climate conditions. Special services include loading, topping off and lightering of large ocean carriers at sea.