ESL Shipping seals $32m funding for hybrid electric bulkers

Finland’s ESL Shipping, part of the Aspo Group, has secured fresh funds that will be directed to partly finance its hybrid electric bulkers under construction in India. The company’s Swedish subsidiary, AtoB@C Shipping, has signed a €32.2m loan agreement with Svenska Skeppshypotek. AtoB@C Shipping has ordered twelve 5,350 dwt battery hybrid vessels for delivery from