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INCORPORATING

GERMAN EXPANSION FOR FINNISH NAVAL ARCHITECTURE FIRM

Tuesday, November 19, 2019 

Naval architect and marine engineering company Foreship has announced plans to establish a new business entity in Germany, from January 1, 2020.

The new company, Foreship GmbH,will be based in Hamburg in order to strengthen ties with German owners, shipyards and marine engineering companies, the expansion being in line with ambitions set out by new majority shareholder Vaaka Partners. The Hamburg facility will join the company's three offices in Finland, two in the USA and one in Estonia. Recent areas of focus for Foreship's German client and partner base have leant on its capabilities in ship stability, hydrodynamics, energy efficiency and emissions-free technology.

CEO Lauri Haavisto said: “We have recognised that growing our existing business in Germany further will demand not only a local presence but a local entity focusing exclusively on the needs of our German customers, yard partners and the associated supply chain. As a European shipping hub, Hamburg is home to hundreds of shipping companies of all types. This is a first step in fulfilling Vaaka’s ambitious targets to grow Foreship’s presence internationally.”

MD of Foreship GmbH will be Olli Somerkallio (pictured), current Head of Machinery in the Helsinki office. Somerkallio said: "We believe Hamburg will be key in attracting new business from German clients to Foreship’s complete ship design, refit, project management and ship life-cycle service expertise. In addition, it will provide a focus for attracting talent from Germany's rich naval architecture and marine engineering talent pool to Foreship. We will also strengthen our ties with German universities to offer graduates an exciting and challenging career path.”

Somerkallio's old post in Finland will be taken over by experienced Naval Architect and current Machinery Department Project Manager Petri Heinänen.

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