Marenave changes name after quitting shipping

Marenave changes name after quitting shipping

Marenave Schiffahrts has become MARNA Beteiligungen and has officially quit the shipping business.

The former shipping trust completed its fleet sell off 11 months ago. It had been fought over between German shipping titans Ernst Russ and Offen Group before being bought out earlier this year by Deutsche Balaton.

Now new management has been installed as well as the new name and a change of business focus.

MARNA Beteiligungen is a Hamburg-listed investment company. Marenave was founded in 2006 by König & Cie and HSH Nordbank.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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