Meriaura Grows Fleet with Two More Ships

VG-Shipping, part of Meriaura Group, has acquired two second-hand 4,100 dwt dry cargo vessels.

The duo includes M/S Aava VG (ex. Nemuna), which was delivered to VG-Shipping on October 12, in Antwerp. After discharging its first cargo in Kotka, the vessel will continue to dry dock in Tallinn. The sister ship, M/S Lotta VG (ex Visurgis) is scheduled for delivery in the coming weeks.

The 1997 and 1998-built, Cyprus-flagged vessels are sisters of M/S Martta VG, a vessel that already belongs to the VG-Shipping fleet.

The 1A ice classed ships are 89.8 meters long, 13.6 meters wide, and suitable for shipments in the Baltic Sea and North Sea.

“Increasing our tonnage is a clear goal. We are constantly looking for new vessels for purchase and time chartering,” Beppe Rosin, Vice Managing Director and responsible for Meriaura’s charter operations, said.

“We want to serve our clientele in the size of 3000 and 4000 tonners, as well as our new size class, 8,000 dwt tons. The acquired vessels strengthen our market position in the smaller size class.”

The acquisition brings VG-Shipping’s owned fleet to 8 cargo ships with a total load capacity of 39,000 dwt. The whole Meriaura fleet, including the time-chartered vessels, consists of 20 vessels with a total cargo capacity of 81,000 dwt.