ASPO PLC STOCK EXCHANGE RELEASE AUGUST 20, 2018 at 10 a.m. World's most eco-friendly bulk carrier delivered to Aspo's ESL Shipping The next-generation bulk carrier Haaga has today been delivered to ESL Shipping from Jinling Shipyard in Nanjing, China. ESL Shipping is part of the Aspo Group. The 160-meter, 25,600 dwt, LNG-fueled vessel generates less than 50% of the carbon dioxide emissions of the previous generation of vessels. The vessel can also be fueled by completely carbon-free biogas, once the availability of carbon-free biogas improves over time. The vessel incorporates several innovative solutions to reduce its environmental footprint by minimizing its energy consumption and emissions. The shipping company and MacGregor, which is part of Cargotec, have developed the world's first autonomous cargo processing solution for the vessel to further improve safety and efficiency. The vessel will have raw material cargo while arriving from Japan to the Baltic Sea, where the vessel is currently scheduled to arrive in mid-September. "Our new vessels have met with an excellent reception among our customers. Every employee of our shipping company should be genuinely proud of what we have achieved during our new construction project," says Mikki Koskinen , Managing Director of ESL Shipping. The completion of the new vessels will have a positive effect on the shipping company's profitability and competitiveness. "This investment of around EUR 60 million is significant for a company of Aspo's size. It's also an excellent example of our responsible ownership, as environmental responsibility involves considering future generations, too. The design and construction of the new vessels were completed as planned. The vessels will considerably increase ESL Shipping's capacity, in addition to improving its profitability," says Aki Ojanen , CEO of Aspo Plc and Chairman of the Board of Directors of ESL Shipping. This new construction project is part of the Bothnia Bulk project, partly funded by the EU. Its goal is to modernize the sea route between Luleå, Oxelösund and Raahe to be more eco-friendly. In addition, environmental emissions will decrease at port with the improved availability of shore-side electricity. The vessels have been designed by Deltamarin in Finland, and European equipment suppliers have provided roughly 60 percent of all vessel systems. Read more about the new vessels on ESL Shipping's special site at https://www.eslshipping.com/newbuildings . For more information, please contact: Aki Ojanen, CEO of Aspo Plc, Chairman of the Board of Directors of ESL Shipping, tel. +358 400 106 592, aki.ojanen@aspo.com Mikki Koskinen, Managing Director, ESL Shipping Oy, tel. +358 50 351 7791, mikki.koskinen@eslshipping.com . ESL Shipping is the leading dry bulk sea transport company operating in the Baltic Sea region. ESL Shipping secures raw material transportation for industry and energy production around the year, even under difficult weather conditions. The shipping company also offers special services related to loading and unloading large oceangoing vessels at sea. The shipping company's fleet consists of 19 vessels, of which it owns 14 in full. One vessel is time-chartered. Aspo is a conglomerate that owns and develops businesses in Northern Europe and growth markets, focusing on demanding B2B customers. Our strong business brands - ESL Shipping, Leipurin, Telko and Kauko - aim to be the market leaders in their sectors. They are responsible for their own operations, customer relationships, and their development. Together they generate Aspo's goodwill. The Aspo Group's structure and business operations are developed continuously without any predefined schedule.
World's most eco-friendly bulk carrier delivered to Aspo's
Top 10 Most Recent News Articles
Aurora Innovation Faces Legal Heat Amid Delays
Production Snags at Aurora Innovation Ah, investing – not for the faint-hearted. One day you're riding high, the next you're scraping by, and Aurora Innovation's (NASDAQ:AUR) investors just hit a rough patch. The autonomous trucking darling announced unexpected delays in its delivery schedule, sending shockwaves through its stock price and shaking investor confidence....
Continue Reading
NatGold Pulling NATG From MEXC Amid Security Concerns
NatGold Digital's sudden decision to yank its NATG token off MEXC Global reeks of regulatory urgency. With the U.S. Treasury clamping down on fund transfers wrapping up MEXC in their action against Russian laundering, NatGold didn't wait for the ink to dry on that order. They’re off the exchange posthaste. A bit of foresight or sheer necessity? Well, it's got the market...
Continue Reading
Adding Fireplaces: Home Comfort or Construction Headache?
Sizing Up the Installation Options Slapping a fireplace into a home sounds more like a pipe dream than a practical project for most folks. But according to fireplace whiz Jimmy Smith down in North Charleston, the times are a-changin'. These days, with advances in technology, homeowners can actually pull it off without collapsing their living room walls. Nitty-Gritty:...
Continue Reading
Quantum Space Joins $185M NASA Lunar Transport Deal
Quantum Space Bags a Chunk of NASA's Lunar Ambitions Alright, folks, buckle up because we're about to dive into the cosmos. Quantum Space just nabbed a sweet deal—a $185 million whopper of a contract from NASA's Moon Base Transportation program. This isn't chump change; it's a 25% slice for Quantum from the lot Arrow Science and Technology is heading. We're talking...
Continue Reading
Historic Records Set at 2026 CNO Monumental Marathon
Race to Remember: Monumental Breakthroughs In the chilly November air of Indianapolis, the 2026 CNO Financial Indianapolis Monumental Marathon wasn't just another tick on the calendar—this was a banner day for running. With record-breaking performances across every distance, we saw what happens when a community of athletes, sponsors, and volunteers hits a perfect...
Continue Reading
ecozy's Brezzano Switch: Brewing Simplicity at Home
Breathe the aroma, sip the innovation. ecozy just threw their Brezzano Switch into the arena, and here's the deal: it's a no-nonsense, get-your-caffeine-fix kind of machine aimed at making your mornings simple without compromising on flavor. Unique Features of the Brezzano Switch So, what's cooking? Get this—it's not just any coffee contraption. Built sleek and compact,...
Continue Reading
TCL's Display Future: AI Meets Screens at DTC 2026
Exploring New Horizons in Display Technology There's something brewing in Wuhan: a conference that’s shaping up like a tech enthusiast’s dream. This year, it's all about the symbiosis of cutting-edge tech and dazzling visuals as TCL CSOT gears up to unveil advancements at the Global Display Tech-Ecosystem Conference (DTC) 2026. If you're wondering whether this event...
Continue Reading
Boston STEM Expo Sparks Young Minds in Engineering
If you really want to light up a kid's imagination, throw them into a room full of science experiments and let 'em have at it. That's exactly what happened at the recent Society of Women Engineers' Innovation Expo in Boston's Seaport District. The place was buzzing, and not just because of all the engineering gadgets on display—it was the energy of young minds...
Continue Reading
Paris Baguette Pioneers Drive-Thru in Oklahoma
Tapping The Unseen Potential In Bakery Cafes Every so often a business move comes along that makes you sit up and say, "Why the hell haven't they done this before?" Paris Baguette has finally cracked that code, rolling out its first-ever drive-thru in Moore, Oklahoma. Now, imagine yourself zipping through for a croissant without leaving the comfort of your car seat. Makes...
Continue Reading
Invasive Procedures Don't Extend Life in Stable Heart Disease
Challenging Longstanding Beliefs Today’s news from the heart research front might set a few cardiology heads spinning. We’ve got big-time findings out of the ISCHEMIA-EXTEND study, throwing more weight on the evidence pile that early invasive heart procedures for patients with stable coronary artery disease don’t actually extend your life. Managing care with a blend...
Continue ReadingTop 5 Most Recently Viewed Articles
Innovative Partnership Between Great Wall Motor and KUKE Music
Great Wall Motor Collaborates with KUKE Music In an era where technology and innovation shape the way we experience mobility, Great Wall Motor (GWM) has embarked on an exciting journey in partnership with KUKE Music, a global leader in classical music copyright and services. This strategic alliance marks a significant step forward in enhancing in-car experiences with the...
Continue Reading
Celebrating Dedola Global Logistics: 50 Years of Innovation
Dedola Global Logistics: A Legacy of Tailored Solutions In the world of freight logistics, the name Dedola Global Logistics stands out as a beacon of reliability and partnership. Established in 1976, the company was founded by John Dedola, who recognized that many importers faced significant challenges navigating an industry more focused on cargo movement than on...
Continue Reading
Top Tech Companies Increasing Dividend Payments for Investors
Tech Companies Making Waves with Dividend Increases Though technology stocks often lure investors with their innovation and growth potential, dividends are not typically part of the package. Surprisingly, many firms in this sector prioritize capital appreciation over income returns, meaning quite a few tech stocks do not pay dividends at all. Yet, a few notable exceptions...
Continue Reading
Charles F. Willis IV Exercises Options at Willis Lease Finance
Charles F. Willis IV Exercises Options: Key Insights A notable event occurred with Charles F. Willis IV, who is the Executive Chairman at Willis Lease Finance (NASDAQ: WLFC). Recently, he disclosed a significant exercise of stock options as part of his insider activity. The recent SEC filing revealed that Willis exercised options for zero shares of WLFC stock, with an...
Continue Reading
FBD Token: Redefining Asset Ownership through Blockchain Technology
Transforming Traditional Investments with FBD Token Blockchain technology is revolutionizing various industries, evolving beyond mere cryptocurrencies to offer sophisticated solutions for asset management and investment. This innovative approach is exemplified through the use of Real-World Asset (RWA) tokenization, a method that is enhancing access to physical asset...
Continue Reading