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Tom Pippingsköld widens remit at Finnlines

By Marcus Williams2021-05-11T14:30:00+01:00 Tom Pippingsköld (pictured) has taken up the newly created position of vice-president and deputy CEO at Finnlines, which provides short-sea ro-ro services in Europe. Pippingsköld retains his role as chief financial officer (CFO) at the company, a role he has held since 2013.  Pippingsköld has extensive experience in financial and risk management, treasury operations, strategy implementation and business development. He has previously been employed in the energy sector, in project finance and in investment banking, both in Finland and abroad. In the new combined role, Pippingsköld is managing the financial strategy and operations of the Finnlines Group, together with the president and CEO, Emanuele Grimaldi (Finnlines is part of the Grimaldi Group). The company is aiming to grow its total annual revenue above the current €500m.

Finnlines First New Hybrid Roro Launched

Finnlines First New Hybrid RoRo Launched Maritime Activity Reports, Inc. (Photo: Finnlines) Finnlines’ first of three new hybrid ro-ro vessels was launched at the Nanjing Jinling Shipyard in China on Monday. The vessel, Finneco I, will start sailing on the Finnish shipping company’s Biscay–North Sea–Baltic Sea service at the turn of the year. The series’ second and third vessels, Finneco II and Finneco III, will be delivered in 2022. The new vessels are 238 meters long with a cargo capacity of 5,800 lane meters. Additionally, car decks have a capacity of 5,800 square meters and about 520 TEU on the weather deck. Consequently, each of the new 17,400 dwt vessels can carry about 300 trailers, 150 cars and 500 sea containers per sailing, a 38% cargo capacity increase compared to Finnlines’ current largest Breeze series ro-ro vessels.

China Merchants Sinotrans Lines orders four boxships at Chinese yards

China Merchants Sinotrans Lines orders four boxships at Chinese yards
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