The 4 ro/ro vessels - LEMBITU, LEHOLA, LEILI and VARBOLA - have all been sold and were delivered to the new owners during the month of July 2005. These sales ends the company's involvement in the ro/ro segment.

 

For the new owners this represents their first acquisition of ro/ro tonnage, and with the ro/ro trade being a specialized trade, we are pleased to note that First Baltic Shipmanagement has secured crewing contracts for all 4 vessels, thereby ensuring that the crews previously employed by ESCO will continue to work on the vessels for the new owners.