Commercial counsellor Gunnar Ericksson and Alexander Slotte founded Ab Vasa Steamship Co Oy 1933 for Dutch company N.V. Stoomschip Hannah. This flag of convenience company owned three ships:
RÖNNSKÄR, ELLE, ELLE (2). The first ELLE was torpedoed 1939. The second ELLE was sold out 1954 and the company was put down