Estonian Shipping Company
Encyclopedia
Eesti Merelaevandus or ESCO, also called Estonian Shipping Company is an Estonian
shipping company that currently operates eight multipurpose dry cargo and container ship
s. Technical management
of the ships is performed by First Baltic Shipmanagement. The company is owned by the Tschudi Group
that bought it from the Government of Estonia in 1997. Between 1940 and 1991 the company was part of the Soviet Union Merchant Fleet.
ESCO was also a co-founder, and for a time the sole owner, of Tallink
and Estline
.
Estonia
Estonia , officially the Republic of Estonia , is a state in the Baltic region of Northern Europe. It is bordered to the north by the Gulf of Finland, to the west by the Baltic Sea, to the south by Latvia , and to the east by Lake Peipsi and the Russian Federation . Across the Baltic Sea lies...
shipping company that currently operates eight multipurpose dry cargo and container ship
Container ship
Container ships are cargo ships that carry all of their load in truck-size intermodal containers, in a technique called containerization. They form a common means of commercial intermodal freight transport.-History:...
s. Technical management
Technical management
Technical management involves the duties a shipping company must perform for the technical operation of a vessel. This involves management related to crew management with related tasks, logistics related to operations as well as operations, service and maintenance.Often technical management is...
of the ships is performed by First Baltic Shipmanagement. The company is owned by the Tschudi Group
Tschudi Group
Tschudi Group is a private shipping and investment company based in Oslo, Norway. Among the shipping companies owned are Eesti Merelevandus, TECO Lines, International Transport Contractors Management, First Baltic Shipmanagement and Rederiet Otto Danielsen as well as the inhouse groups Tschudi...
that bought it from the Government of Estonia in 1997. Between 1940 and 1991 the company was part of the Soviet Union Merchant Fleet.
ESCO was also a co-founder, and for a time the sole owner, of Tallink
Tallink
Tallink is an Estonian shipping company currently operating Baltic Sea cruiseferries and ropax ships from Estonia to Finland, Estonia to Sweden, Latvia to Sweden and Finland to Germany. They also own Silja Line and a part of SeaRail...
and Estline
Estline
Estline was a Swedish-Estonian shipping company, owned jointly by Nordström & Thulin and the Estonian Government via Estonian Shipping Company . Estline was founded in 1990 and had a 10 year exclusive right to the passenger traffic between Stockholm, Sweden and Tallinn, Estonia...
.