MPC drives further Hamburg shipping consolidation

MPC drives further Hamburg shipping consolidation

Further consolidation with the German shipping scene has taken place with news today that Hamburg’s Aug. Bolten Wm. Miller’s Nachfolger (Aug. Bolten) has joined forces with Ahrenkiel Vogemann Bulk (AVB). The merger, which will be realised shortly, expands AVB’s market position in the technical management of bulk carriers significantly taking AVB’s managed fleet to 17 handysize bulk carriers.

AVB was established in 2016 by Hamburg-based MPC Capital Group and the Hamburg shipping company H. Vogemann in order to merge the activities in the technical management of bulk carriers under the leadership of the MPC Capital Group.

With Aug. Bolten, another traditional shipping company now joining the joint venture the company is being renamed AVB Ahrenkiel Vogemann Bolten GmbH & Co. KG. It will continue to be led by Dr Michael Silies, Jan-Eric Panitzki and Karl Mohr.

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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