Organization

Dr. Kari Luomakoski, DBA,
Chairman of the Board
Tallinn

Dr. Kari Luomakoski, DBA, is the founder and responsible for the overall operational management of FinnFleet. He started his shipping career at the age of 16 by taking a trainee job on board dry cargo vessel m/s Finnriver. From June 1974 he has been working full time ashore and completed all of his studies while working in various positions within the shipping industry starting from a water clerk and ending to the position of CEO in the oldest Finnish shipping company, in which he acted from 1987 till 2001. In this role, Dr. Luomakoski reorganized the company, opened several foreign subsidiaries and took the company back to its roots: operating ships controlled by the company itself. He has also studied the Aframax market and the economy of oil transport as consultant assignments for several of the world’s major oil companies during a period of six years. The research led to chartering of Aframax vessels on behalf of clients as well as a dissertation on the conduct of time chartering markets. Furthermore, over the course of his professional career, he has established close connections with all of the key participants and companies on the global market.

Joni Nurmentaus, M.Sc Engineering,
Head of Research
Helsinki

Joni Nurmentaus helms the analytics and research function at FinnFleet. He provides analytical support for investment decision making through quantitative modeling with parameters of key market indicators. Joni holds a Master of Science degree in Technology from Aalto University where he majored in Engineering Physics and Mathematics. He worked for Nokia and later Microsoft where he created a predictive model for service demand. Prior to joining FinnFleet in 2016, Joni worked at Boston Consulting Group where he was heavily involved in various projects related to finance, technology, and services across Europe.