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Home›Business & Finance›AtoB@C Shipping charters six eco-vessels from German shipowner
Business & Finance

January 15, 2025 · about 1 year ago

AtoB@C Shipping charters six eco-vessels from German shipowner

AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has entered into long-term time charter contracts with German shipowner BAAS Shipping from six new low-emission vessels.

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AtoB@C Shipping charters six eco-vessels from German shipowner

Continuing its fleet renewal program, AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has entered into long-term time charter contracts with German shipowner BAAS Shipping for six new low-emission vessels.

Through these contracts, Atob@C Shipping will add six 5,900 dwt ice class 1A vessels to its fleet between 2025 and 2027.

As informed, the vessels are designed by Dutch Groot Design to enable an almost 50% reduction in CO2 emissions compared to the 5,000 dwt vessels currently in the fleet.

They can accommodate different types of cargo with one 71-meter-long box-shaped cargo hold of 321,000 cubic feet and a partial tween deck, which can also be used as bulkheads.

The first vessel, Baymar, was delivered from Dajin Shipyard in China on October 26, 2024, and is scheduled to enter AtoB@C Shipping’s traffic in the coming weeks. The second vessel, Soundmar, will be delivered from the shipyard in January 2025. The remaining four are scheduled for delivery from the shipyard within 2026.

“With the six newbuildings from Dajin Shipyard we are introducing together with our partners efficient and flexible vessels as tonnage providers to AtoB@C Shipping. We are happy that these ships will enter into this charter, serving trades where the benefits of these modern vessels with regards to sustainability will make a difference,” said Dierk Faust , Managing Director of BAAS Shipping.

“We are currently investing in the renewal of our owned fleet, but at the same time we need to secure modern, low emission capacity for our time charter fleet as well,” commented Frida Rowland , Commercial Director of AtoB@C Shipping and ESL Shipping.

In line with the ongoing renewal of its owned fleet, the company recently took delivery of the fifth new plug-in hybrid vessel, Maximar .

The newbuild is part of a series of twelve 5,350 dwt plug-in hybrid vessels AtoB@C Shipping ordered from Indian Chowgule & Company shipyard, with one vessel to be delivered every quarter until the autumn of 2026.

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AtoB@C Shipping adds fifth plug-in hybrid vessel to its fleet

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