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15.12.2017

VG-Shipping and Gaiamare merger 1.1.2018

The ship owning companies in Meriaura Group, VG-Shipping Oy and Oy Gaiamare Ab, are merging on January 1st 2018. The merger decision is based on improving efficiency, simplifying corporate structure and responding to the tightening market conditions.

The business will continue unchanged and the merger will have no impact on customers, cooperators or employees. Technically, the receiving company is Gaiamare, whose VAT no. remains, but the company changes its name to VG-Shipping Oy. Through merger the “new” VG-Shipping becomes a major shipping company in Finland. As the year changes, VG-Shipping owns and manages m/v Meri, Aura, Eeva VG, Mirva VG, Martta VG and Polaris VG, that are all flying the Finnish flag. VG-Shipping is the parent company of Meriaura, Elisa Mikkolainen being the Managing Director of both companies. Besides shipowning, VG-Shipping provides ship management and crewing services for other shipowners, such as, Meritaito, SYKE and Wasa Dredging.

Anticipating the merger, VG-Shipping’s bio oil business was transferred into a separate company, VG EcoFuel Oy, already in November 2017.

The top management of VG-Shipping is 1.1.2018 onwards:

Ville Koskinen, Director of Ship Management
Elisa Mikkolainen, Managing Director
Jussi Mälkiä, Chairman of the Board

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