Foreship, a maritime modernization specialist, has been acquired by the international RINA Group to enhance growth and sustainability efforts in the industry.

Target Overview

Foreship has evolved from a team of 30 members to an international organization with over 100 employees in its more than 20 years of operation. The company has established subsidiaries in Estonia, Germany, England, and the United States, specializing in the modernization of cruise and passenger vessels.

Industry Overview in Finland

The maritime industry in Finland plays a crucial role in the country’s economy, contributing significantly to exports and employment. With a robust shipbuilding sector, Finland has established itself as a leader in delivering innovative and environmentally friendly maritime solutions. This thriving industry also benefits from advanced research and development capabilities, fostering continuous growth and adaptability.

In recent years, the Finnish maritime sector has faced challenges, including intense global competition and the impacts of the COVID-19 pandemic. However, the industry has shown resilience, focusing on technological ad