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Helsingfors Skeppsdocka

Helsingfors Skeppsdockas Ab
Native name
Swedish: Helsingfors Skeppsdockas Aktiebolag
Finnish: Helsingin Laivatelakka Osakeyhtiö
Osakeyhtiö
Industry Shipbuilding
Fate Bankruptcy
Successor AB Sandvikens Skeppsdocka och Mekaniska Verkstad
Founded 4 March 1865; 152 years ago (1865-03-04) in Helsinki, Grand Duchy of Finland
Founder Adolf Törngren
Defunct 17 December 1894 (1894-12-17)
Headquarters Hietalahti, Helsinki, Grand Duchy of Finland
Owners

Helsingfors Skeppsdockas Aktiebolag was a shipbuilding company that operated out of Hietalahti shipyard in Helsinki, Grand Duchy of Finland, between 1865 and 1894.

The company was founded in 1865 by industrialist Adolf Törngren, who fell under financial difficulties during construction work. The ownership was transferred to Tampere Linen and Iron Industry, which had to complete the investments totalling over one million Finnish marks. The company built an over 90 metres long dry dock and a number of workshops. The dock was used for repairs and newbuilding projects, and the workshops produced various machinery parts and consumer products.

Until the turn of 1880s Helsingfors Skeppsdocka had not reached a satisfactory level of profitability, and the parent company decided to sell it despite of significant loss. The new owner, Oskar Eklund, started an investment programme constructing new workshops and enlarging the premises. The company enlarged its portfolio to railway wagons. Despite of a fairly good order intake, Helsingfors Skeppsdocka fell into bankruptcy in 1894 due to difficulties in funding arrangements.

A year after a new company, Hietalahti Shipyard and Engineering Works was established to continue operations in the premises.

The Helsinki seafaring started to develop after the centre was moved to its current location in 1640. In 1670 a dockyard was established in South Harbour to serve the recently founded Viapori fortress. Until the early 19th century, Finnish merchant ships were built by number of small yards, Ostrobothnia being the predominant shipbuilding area. By time Turku took over the role as the leading Finnish shipbuilding centre.


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