Time to move on
In business, as well as in human life, there is a need for renewal and change. In next August I will have worked with seafaring for 40 years. From now on, I will give my contribution to the field of shipping through board work. At the turn of the year we successfully completed the merger and the organizational transformation making VG-Shipping the parent company of Meriaura, including a significant emphasis into quality management systems (which will be further reflected in this letter).
The main functions of the Group maintain; the bulk fleet is expanding both in size and scale, the deck cargo carriers are diversifying their activities, Aranda has been "updated" to meet the challenges of the future, etc. Our new Board of Directors at VG-Shipping has had an efficient start. The members of the Board are Satu Kairinen, Riinu Walls, Antti Pekanheimo, Managing Director Elisa Mikkolainen, Jutta Seppänen as secretary (see Jutta’s presentation at the end of this letter) and myself as the Chairman.The Board has decided to respond to the market developments by chartering in larger bulk tonnage, especially for the growing demand within bio- and circular economy. This market area has been important for Meriaura since the beginning of the company's history. Our next vessels will have significantly more efficient cubic/dead weight ratio than the existing ones in our fleet. The new branching out will not reduce the importance of the ”traditional traffic flows” in our service offering.
I am also delighted to see that environmental issues are promoted and advanced in Meriaura without my contribution. Meriaura will introduce carbon footprint report for each voyage performed, as far as I know, as the first bulk cargo carrier in Europe.
There is a change in my own living environment too; industrial Naantali has partly changed into the rolling hills of bioeconomy in Midi Pyrenees. A few hours away from the Mediterranean and the Bay of Biscay. Sometimes you have to go far to see near.
wishing You a good summertime,
Chairman of the Board