Germany
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Europe
Marenave completes financial restructuring
German owner Marenave has successfully completed a financial restructuring. At the end March, Marenave signed agreements with the majority of…
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Europe
MPC Container Ships acquires another boxship
MPC Container Ships has acquired the 2,742 teu vessel from Germany’s Ahrenkiel Steamship. Ahrenkiel Steamship will remain the technical shipmanager…
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Americas
KKR walks away from NordLB’s shipping loans
German lender NordLB has ditched plans to sell a EUR1.3bn ($1.5bn) portfolio of shipping loans to KKR, after around a…
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Europe
More owners flock to Hanseatic Unity
Hanseatic Unity, the fast emerging German chartering firm, continues to grow with news Leonhardt & Blumberg and Asiatic / Atlantic…
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Europe
Tufton Oceanic linked with post-panamax boxship pair
UK-based Tufton Oceanic is being linked by brokers as the buyer of a pair of Claus-Peter Offen 9,200 teu ships.…
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Europe
Hartmann in talks to restructure its anchor handling division
One of Germany’s largest shipowners is pushing ahead with dramatic changes to its business in the wake of slumping revenues.…
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Europe
Combi Lift orders 19 vessels at Damen
German heavy lift shipping company Combi Lift has placed an order at Damen Shipyards Group for the construction of 19…
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Europe
Oldendorff returns to Hantong for kamsarmaxes
German owner Oldendorff Carriers has placed an order for one firm and one optional 82,000 dwt kamsarmax bulker at Jiangsu…
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Europe
Rickmers seeks white knights
Embattled Rickmers Holding has appointed Macquarie Capital to try and get investors to come in and save the German shipping…
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Europe
Allianz warns of ‘perfect storm’ of narrowing margins and increasing regulation
While safety levels continue to improve in shipping in general, insurer Allianz warns that a “perfect storm” of increasing regulation…
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Europe
Ernst Russ and Ecofin launch new ship investment platform
German maritime asset management firm Ernst Russ and investment group Ecofin Holdings are joining to form a new company called…
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Europe
MSC advises on trio of chartered Rickmers ships
Following the insolvency of the Rickmers Group MSC has advised it has three vessels from Rickmers under time charter, namely…
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Europe
Rickmers seeks to delist bond
As it initiates restructuring Germany’s Rickmers Holding has moved to delist its 2013/2018 bond in Frankfurt due next year. The five-year EUR275m bonds were launched…
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Maritime CEO
AO Shipping: Oetker name continues to shine in Hamburg
The sale of Hamburg Süd to Maersk for $4bn does not mean the mighty Oetker family have rubbed their hands…
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Europe
Delta Tankers snaps up resale suezmax pair
Greek owner Delta Tankers has been linked to the acquisition of two resale suezmax tankers newbuildings. According to broking sources,…
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Europe
Hapag-Lloyd deflects Qatar concerns, vows ‘smooth transition’ with UASC
German containerline Hapag-Lloyd has issued a statement today vowing that its integration with United Arab Shipping Co (UASC) is proceeding…
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Greater China
Great Harvest Maeta enters container sector with double acquisition
Hong Kong-based bulk carrier operator Great Harvest Maeta has made its debut in the container shipping sector with the acquisition…
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Europe
Peter Döhle inks $200m financing deal with ICBC Financial Leasing
German owner Peter Döhle has signed a major financing deal with China’s ICBC Financial Leasing for its newbuildings at Chinese…
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Europe
Rickmers has not given up hope of surviving
Rickmers has not given up hope of survival. The famous German line, which filed for insolvency on Friday after key…
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Europe
Rickmers files for insolvency in largest shipping casualty since Hanjin
In the biggest shipping casualty since Hanjin, German shipping group Rickmers officially filed for insolvency on Thursday, in the wake…
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