Germany
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Americas
Cerberus and Centerbridge make joint bid to buy 49% of NordLB
Two American investors have made a joint bid to take a minority stake in Germany’s NordLB, a big name in…
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Europe
Hapag-Lloyd declares general average on burnt Yantian Express
Hapag-Lloyd has declared general average on its burnt-out 7,500 teu boxship, . In an update to clients on Friday, the…
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Europe
Shipping’s Tinder finds a match in Belgium
A German start-up claiming to be the Tinder of cargo transport has won a significant new tranche of sign-ups. Munich-based…
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Europe
Spliethoff buys bust Hansa Heavy’s fleet
Dutch outfit Spliethoff has swooped for all five ships previously owned by bust Hansa Heavy Lift. The ships – all…
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Asia
China Navigation acquires Hamburg Süd bulk business
Singapore’s China Navigation Company (CNCo), part of the Swire Group, has reached an agreement with Hamburg Süd to acquire the…
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Americas
Algoma acquires Oldendorff bulker trio in CSL pool
Canada’s Algoma Central Corporation has sealed a deal with Oldendorff to acquire the German owner’s interest in the CSL International…
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Europe
Two more tugs deployed to assist Yantian Express
The fire onboard Hapag-Lloyd’s 7,500 teu containership is still burning, and another two tugboats have been deployed to assist with…
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Europe
MSC Zoe cleanup encounters more problems
Stormy weather continues to hamper efforts to clean up boxes from the in the North Sea. A total of 281…
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Americas
Hapag-Lloyd details massive cargo damage on fire-ravaged Yantian Express
One week on, the fire that has raged on the 7,500 teu has finally been brought under control. The ship’s…
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Europe
Storm impacts MSC Zoe cleanup operations
Efforts to clean up the debris following the loss of 281 containers over the side of the giant boxship are…
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Europe
Yantian Express firefighting operations continue for the fifth day
The firefighting operations for Hapag-Lloyd’s 7,500 teu containership continued for a fifth day, after the vessel caught fire off Canada’s…
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Asia
German broking outfit sets up in Singapore
Singapore has a new shipbroking firm backed by well-known names. Locally headquartered Transport Capital, headed by Philip Clausius, and Hamburg-based…
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Europe
MSC promises to find every spilled box in the North Sea
Mediterranean Shipping Company (MSC) has let it be known it intends to pay for the full costs of the clean-up…
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Americas
Fire erupts on Hapag-Lloyd boxship bound for Canada
In a shocking start to the year for marine casualties German boxline Hapag-Lloyd has reported its 7,510 teu ship suffered…
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Europe
GEFO adds four chemical tankers at AVIC Dingheng
German owner GEFO has signed shipbuilding contracts with China’s AVIC Dingheng Shipbuilding for the construction of up to four 7,000…
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Europe
Tim Ponath takes over from his father at NSB
Tim Ponath will take over from his father, Helmut, as the CEO of German shipping company Reederei NSB from the…
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Europe
Holger Strack to lead Zeaborn Ship Management as Nils Aden and Isabelle Rickmers depart
Hamburg-based Zeaborn Ship Management, the entity formed from the merger of E.R. Schiffahrt and Rickmers Shipmanagement, has appointed co-CEO Holger…
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Europe
Transport Capital taps former NordLB shipping head
Singapore investment firm Transport Capital has appointed a well known name in ship finance as a partner and co-head of…
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Europe
MOL closes in on Wilhelmshaven FSRU project
German gas provider Uniper and Japanese shipping giant Mitsui OSK Lines (MOL) have cemented plans to develop a 263,000 cu…
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Europe
Green propulsion likened to a gold rush
The pursuit of cleaner propulsion solutions has created “a sort of gold rush atmosphere” among engine manufacturers, according to Germany’s…
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