ESL Shipping is planned to become an independent company and listed on Nasdaq Helsinki. ESL Shipping’s parent company Aspo has announced that the Board of Directors of Aspo has approved a demerger plan concerning the separation of ESL Shipping into a new listed company.
ESL Shipping is a leading dry bulk shipping company in the Baltic Sea region. Its focus will remain on serving its customers and ensuring reliable deliveries in all conditions. Together with its experts ashore and at sea, ESL Shipping continues to be committed to sustainability leadership, developing services and growing with its customers, especially in the Baltic Sea region.
The listing of ESL Shipping Group and the partial demerger of Aspo are conditional on the approvals of the Extraordinary General Meeting of Aspo Plc, planned to take place in December 2026.
All of ESL Shipping’s operations and services continue as usual.
About ESL Shipping
ESL Shipping is the leading carrier of dry bulk cargoes in the Baltic region. ESL Shipping’s competitive edge is based on its ability to responsibly secure product and raw material transportation for industries and energy production all year round, even in difficult weather conditions. The shipping company loads and unloads large ocean liners at sea as a special service. ESL Shipping has been in business for over 75 years and is a subsidiary of Aspo Plc. The fleet of ESL Shipping consists of around 40 vessels with cargo capacity ranging from 4,000 to 25,000 dwt.