Inkoo Shipping

What Inkoo Shipping does

Inkoo Shipping Oy Ab is a privately owned Finnish commercial port company headquartered in Inkoo, Southern Finland, operating the Port of Inkoo in Fagervik Bay, approximately 60 km west of Helsinki. The company handles roughly 2 million tons of cargo per year, entirely through tramp (non-liner) shipping, and is the largest port in Finland for handling raw minerals and mineral aggregates. Its offering is built around three core service lines: Port Services (mooring, unmooring, towing, electricity, water, and waste management), Stevedoring Services (dry-bulk cargo handling and storage using three 10-ton rail-mounted quay cranes, five multipurpose mobile cranes, wheel loaders, forklifts, terminal tractors, and a 17-meter ro-ro ramp), and Ship Agency Services (port-call representation for shipping companies, serving approximately 600 vessels annually across various Finnish ports).

Underlying infrastructure includes a U-shaped port basin with multiple quays, a 13-meter fairway accommodating Panamax-type vessels, approximately 40 hectares of outdoor storage, warehouses of 800-4,500 m² each, two truck scales integrated with the mScales weighing system, and year-round ice-free operations maintained at the port's own expense. The port holds ISO 9001 and ISPS certifications and is a member of the Finnish Port Association, the Finnish Port Operators Association, and the Finnish Shipbrokers Association. Revenue is generated on a per-vessel, per-service, and storage-area basis under quote-based, privately negotiated contracts with shipping companies, bulk cargo owners, and aggregate producers; a named operational partner is Rudus, which runs an in-port gravel pit. The company is family-influenced (Wessman family members serve as CFO and production planner) and operates a second port location in Kantvik following its 2019 acquisition of Kantvik Shipping. There is no public listing, no venture or private equity capital disclosed, and the firm has been continuously operating since its port was inaugurated in 1962.

Name

Inkoo Shipping

Legal name

Inkoo Shipping Oy Ab

Website

https://inkooshipping.fi

Company type

Private

Founded year

1942

Operating status

Operating

Headcount range

11–50 employees

Short description

Inkoo Shipping Oy Ab operates a privately owned commercial port in Fagervik Bay, Southern Finland, handling approximately 2 million tons of dry bulk cargo annually. It provides stevedoring, port services, and ship agency representation to tramp shipping operators and bulk cargo owners, including minerals and aggregates.

Ownership category

akta.pro rank

Product category

Port Operations and Maritime Logistics

NAICS

Port and Harbor Operations (488310), Marine Cargo Handling (488320), Support Activities for Water Transportation (4883)

SIC

Water Transportation (4400), Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Terminal Cargo Handling & Yard Operations (Receiving, Staging, Delivery) (TLAHALAB)

akta.pro secondary industries

Port Equipment Operations (Crane Operators, RTG/RMG, Straddle Carrier Operations) (TLAHALAE), Line Handling & Mooring Services (TLAHAHAC)

Keywords

• Port operations services
• Dry bulk cargo handling
• Stevedoring services
• Ship agency services
• Maritime logistics

Headquarters

HQ city

Inkoo

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Port Services: Mooring and unmooring services, towing assistance, electricity supply (380/220V 50Hz, max 63A), drinking water supply, and waste management services for vessels.
2. Stevedoring Services: Cargo handling and storage services for dry bulk cargo. Includes ship and cargo handling using own stevedoring department and equipment. The port is the largest in Finland for handling raw minerals and mineral aggregates.
3. Ship Agency Services: Ship brokerage and representation services for shipping companies. Services include regulatory notifications to authorities, information distribution, crew rotations coordination, cash and food supply deliveries, spare parts procurement. Approximately 600 vessels served annually at various Finnish ports.
4. Storage Services: Storage facilities including approximately 40 hectares of outdoor storage yards and storage buildings (800-4,500 m² each). Services both short-term and long-term storage needs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Inkoo Shipping operates the Port of Inkoo in Fagervik Bay, Southern Finland, providing integrated port services to shipping companies and cargo owners. The core offerings comprise three business lines: Port Services (mooring, unmooring, towing assistance, electricity, drinking water, and waste management), Stevedoring Services (dry bulk cargo handling and storage using owned rail-mounted cranes, mobile multipurpose cranes, and a 17-meter ro-ro ramp), and Ship Agency Services (professional representation for approximately 600 vessels annually across Finnish ports). All traffic consists of tramp shipping with annual throughput of approximately 2 million tons.

Product overview

Inkoo Shipping is a privately owned, public commercial port operator offering a comprehensive suite of port and logistics services from its facility in Fagervik Bay, Southern Finland. The company operates as a unified full-service port with three interconnected core service lines: Port Services (mooring, towing, utilities), Stevedoring Services (cargo handling with specialized bulk equipment including rail-mounted cranes and ro-ro ramp), and Ship Agency Services (representing approximately 600 vessels annually). Supporting infrastructure includes extensive storage facilities (40 hectares outdoor, warehouses 800-4,500 m²), crane/equipment fleet, quays with varying depths up to 13m, weighing scales, and waste management. The company expanded through acquisition of Kantvik Shipping in 2019 and has progressively built out storage capacity, with the most recent expansion in 2024 doubling warehouse count in Storage Area 2. The port specializes in dry bulk cargo handling and is Finland's largest facility for raw minerals and aggregates. ISO 9001 certified.

Differentiator

Problem solved

Functional benefit

Products and services

• Port Services (Satamapalvelut) Comprehensive vessel services including mooring and unmooring, towing assistance, electricity (380/220V 50Hz, max 63A), drinking water supply, and waste management services. VHF channel 12 is used for mooring services. Targeted at vessels calling at the Port of Inkoo.
• Stevedoring Services (Ahtauspalvelut) Efficient cargo handling and storage services using modern equipment including three 10-ton rail-mounted quay cranes, five movable multipurpose cranes, wheel loaders, forklifts, and terminal tractors. Specializes in bulk cargo and is the largest port in Finland for handling raw minerals and aggregates. Includes a 17m-wide ro-ro ramp at the end of the harbour basin.
• Ship Agency Services (Laivanselvitys) Professional ship agency representing shipping companies, cargo shippers, and vessel masters during port calls. Services include regulatory notifications to port and customs authorities, information distribution to stakeholders, crew rotations coordination, cash and food supply deliveries, and spare parts procurement. Serves approximately 600 vessels annually at various Finnish ports.
• Storage Facilities Approximately 40 hectares of outdoor storage yards and warehouse buildings sized 800-4,500 m² each. Suitable for short-term and long-term storage needs across raw minerals, aggregates, and general cargo.
• Cranes and Equipment Diverse crane fleet including one 10-ton rail-mounted quay crane on quay 3 (efficiency 200-400 t/h), two 10-ton quay cranes at the power plant quay, and five movable multipurpose cranes. Additional equipment includes a loading ramp for direct truck-to-ship loading, wheel loaders, compact loaders for trimming, forklifts, and terminal tractors.
• Quays, Berths and Ramps Port basin in U-shape with multiple quays: Quay 3 (225m length, 7.8m max draft, 3 berths), Quay 4 (140m length, berth 4 with bow/stern ramp), and Power Plant Quays (Quay 1: 210m, 10.0m draft; Quay 2: 240m, 13.0m draft). Fairway is 18 nautical miles long with 13m maximum depth.
• Environment and Waste Management Comprehensive waste management services compliant with MARPOL Convention and HELCOM recommendations. Includes waste containers for paints/solvents, scrap metal, glass/plastic packaging, oily waste, paper, cardboard, cooking oil, organic waste, mixed waste, batteries, and WEEE waste. Joint waste facility with Fortum port for ship waste collection.
• Weighing Scale Services Two truck scales in the port area for weighing all incoming and outgoing vehicle loads. Bulk cargo loads are weighed both upon arrival and departure. Uses mScales weighing code system obtained from transport companies.
• Kantvik Shipping (Subsidiary Port) Subsidiary port operations acquired in 2019. Located in the Kantvik area, serving as an additional port location under Inkoo Shipping operations. Traffic includes vessel operations such as SULA routes to Lysekil and Vaksdal.

Quantifiable outcome

• Annual traffic volume of approximately 2 million tons
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Partnerships

Four partnerships are on record, tiered industry and operational.

• Finnish Port Association (Suomen Satamaliitto)industryOthersIndustry association membership providing networking, advocacy, and standards alignment within the Finnish port sector.
• Finnish Port Operators Association (Satamaoperaattorit ry)industryOthersIndustry association membership for port operators, providing representation and industry standards alignment.
• Finnish Shipbrokers Association (Suomen Laivameklariliitto r.y.)industryOthersIndustry association membership for ship agency operations, providing professional standards and networking.
• RudusoperationalChannel Partner/ Reseller/ DistributorRudus gravel and aggregates operations handled at dedicated gravel pit within port area. Vehicles weighed at port scales. Service agreement for handling Rudus materials.

Scale indicators4 records

Recent moves11 records

Expansion highlights3 records

Direct peers

• Port of Hanko (Hangö Hamn): Hanko is a southern Finnish port specializing in forest products, containers, and project cargo. It serves overlapping breakbulk and bulk customers in the same Helsinki-Hanko-Inkoo coastal corridor and competes directly for cargo volumes.
• Port of Turku: Turku is a major Finnish general port on the southwest coast within Inkoo's logistics catchment (~120km away). It competes for the same southern Finland bulk, forest product, and aggregate flows with overlapping hinterland coverage.
• HaminaKotka Satama Oy: HaminaKotka is Finland's largest general cargo port handling containers, liquid bulks, and dry bulk — serving the same Finnish bulk shippers and cargo owners that Inkoo targets, and offering overlapping stevedoring and storage capabilities across the Gulf of Finland.
• Steveco Oy: Steveco is a Finnish stevedoring and terminal operator providing bulk and container cargo handling at several Finnish ports. It competes directly with Inkoo's stevedoring services and serves many of the same tramp shipping operators.
• Port of Rauma: Rauma is a Finnish port handling dry bulk, containers, and forest products. It competes for similar bulk and project cargo customers and shares the broader Finnish port competitive set for tramp shipping operators.
• Naantalin Satama (Port of Naantali): Naantali is a southwestern Finnish port serving bulk, liquid, and general cargo traffic. It overlaps with Inkoo's southern Finland catchment and competes for similar industrial and construction-related cargo volumes.
• Port of Helsinki (Port of Helsinginki): Helsinki is the largest Finnish passenger port with significant cargo operations, located ~60km from Inkoo. It is the closest direct competitor for southern Finland bulk and general cargo customers and competes for the same hinterland.
• Kokkolan Satama (Port of Kokkola): Kokkola is Finland's largest dry bulk port handling significant volumes of concentrates, minerals, and chemicals. It is the principal Finnish competitor for raw minerals and aggregate cargo flows that Inkoo specializes in.

Regional players

• Port of Tallinn (Tallinna Sadam): Tallinna Sadam is a major Estonian port on the opposite shore of the Gulf of Finland. It serves overlapping Baltic-region bulk and general cargo flows and represents a regional — rather than direct Finland — competitive alternative for tramp operators.

Broad incumbents

• Euroports Holdings: Euroports is a pan-European port and terminal operator managing multiple bulk and breakbulk terminals across the continent. It is a broad incumbent peer in the same cargo handling space, operating at much larger scale across geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Inkoo Shipping