Finnlines Consolidates, Announces Appointments

Finnlines' subsidiaries, Finncarriers Oy Ab, a company specialized at sea transportation and FG-Shipping Oy Ab, a company specialized at ship management and technology, were recently merged to the parent company Finnlines Pic. In addition, port operation companies of Finnlines, Finnsteve Oy Ab, which is operating the ports of Helsinki and Oy A.E.Erickson Ab, which is operating the port of Turku, were also merged into one company called Finnsteve Oy Ab.

Finnlines' German subsidiary Poseidon Poseidon Schiffahrt AG has changed the company name to Finnlines Deutschland AG. The new company structure is in force since January 1, 2001.

Shipping and Sea Transport Division includes Finnlines Cargo Services and Finnlink Services. Asser Ahleskog is in charge of Finnlines Cargo Services. His responsibilities cover the marketing, customer service and fleet operations of Finnlines Cargo Services as well as the ship management of the Group. Other personnel moves include: Christer Antson is in charge for Corporate financial control, accounting as well as Corporate administration; Seija Turunen is in charge of Corporate finance, public relations, and investor relations; Lars Trygg is in charge of Corporate legal matters and insurance; Kari Savolainen is in charge of Corporate IT, reasearch and development; Christer Backman is in charge of Finnlink Services and the Managing Director of Oy Finnlink Ab; and Hans Martin is the Managing Director of the new Finnsteve Oy Ab.

Maritime Reporter Magazine, page 21, Jan 2001

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