Finnish naval architect and marine engineering company Foreship is to establish a new business entity in Germany.
The launch date for Foreship GmbH is earmarked as 1st January next year.
The new company, to be based in Hamburg’s Hafen City, will aim to develop closer ties with German owners, shipyards and marine engineering companies to better service existing customers and attract new ones.
Foreship GmbH will be led by Managing Director, Olli Somerkallio, current Head of Machinery at Helsinki-based Foreship.
Foreship CEO Lauri Haavisto said that the new German operation offers firm evidence of Foreship’s plans to grow its existing cruise business, attract new customers and target additional ship types, in line with ambitions set out by new majority shareholder Vaaka Partners, which acquired 60% of Foreship equity last month.
Measured by project numbers, Foreship already claims to be the leading design and project management company in the cruise ship newbuilding and refurbishment sectors, with three other offices in Finland, two in the US and one in Estonia.
Recent areas of focus for its German client and partner base have been on Foreship’s expertise in ship stability, hydrodynamics, energy efficiency and emissions-free technology.
“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.”
Somerkallio is an experienced Naval Architect with a Master of Science from Aalto University who has led basic design activities for some very high-profile Foreship projects, many of them in Germany.
His recent workload has included managing Foreship’s role in the project to build the expedition cruise ship ‘Crystal Endeavour’ at MV Werften Wismar/Stralsund in Germany – the largest project in Foreship’s history.
“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,” said Somerkallio. “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.”
After Somerkallio takes up his new post in Hamburg, his role as Head of Machinery Department will be taken over by Naval Architect and current Machinery Department Project Manager, Petri Heinänen, who joined Foreship in 2013.