Two new vessels for UPM's Spain sea traffic

(UPM, Helsinki, October 22, 2007 at 13:30) – Two new vessels in UPM's Spain sea traffic will be launched this autumn. The first vessel will start operations in October and the inauguration will be held today on October 22, 2007. The second vessel starts operations in December.

UPM has signed 8-year charter party with Godby Shipping Ab. The vessels are built by German shipyard JJ Sietas. The cargo capacity for each vessel is over 10,000 tonnes. The new vessels will operate in the route Hamina-Rauma-Santander-El Ferrol.

"UPM's volumes to Spain and Portugal have nearly doubled since year 2000 when UPM started traffic from Rauma to Santander," says Jukka Hölsä, unit director from UPM Seaways. "The new vessels have been designed and tailored particularly to meet the quality and service standards as well as operative characteristics in the Spain traffic."

"With the new vessels UPM will be able to better meet the growing customer service requirements. In addition, the increased capacity and new solutions enable more comprehensive optimization of the whole supply chain. The vessels will further improve UPM's cost and environmental efficiency in the Spain traffic, "he says.

"The vessels' economy efficiency, environmental friendliness, efficient cargo handling and good ice traffic capabilities have been the basis for the planning. The vessels are optimised for the transportation of forest products but also for other purposes, for example containers", says Dan Mikkola, managing director of Godby Shipping.

For further information please contact:
Mr Jukka Hölsä, Director Logistics Infrastructure and operations, UPM Seaways,
tel. +358 40 528 5106
Mr Dan Mikkola, Managing Director, Godby Shipping, tel. +358 50 5244123