Germany
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Europe
Hapag-Lloyd’s merger with UASC reportedly being held up by Qatari sovereign wealth fund
Qatar’s intransigence over its commitment to containerline United Arab Shipping Company (UASC) is believed to be holding up the complex…
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Europe
Banks force Hansa Treuhand to slash fleet in half
European ship finance sources tell Splash that beleaguered Hansa Treuhand is being forced to slash its fleet in half. One…
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Americas
Colombian authorities find cocaine haul on German container ship
Colombian authorities have discovered a haul of cocaine hydrochloride in a German-owned container ship, the South American nation’s attorney general…
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Europe
German logistics company takes 40% stake in Arkon
German logistics giant Rhenus has swooped to take a 40% stake in compatriot Arkon Shipping, an owner with 119 ships…
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Europe
Oldendorff converts bulker into transloader
German carrier Oldendorff has contracted Chinese yard CSSC Chengxi Shipyard to convert its 88,266dwt post panamax bulk carrier into a…
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Europe
CMA CGM and Sinokor in for Conti boxships
With German banks finally getting around to clearing out the nation’s ailing lines a trio of Conti ships have gone…
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Europe
Hapag-Lloyd’s merger with UASC delayed by two months
Germany’s Hapag-Lloyd is pushing back completing its merger with fellow containerline United Arab Shipping Company (UASC) by two months, pending…
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Europe
Claus-Peter Offen to take over Conti
Hamburg shipowner Claus-Peter Offen has announced plans to take over Munich-based Conti Group. Under the agreement between the two companies, Claus-Peter…
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Europe
Bremer Landesbank flags heavy shipping losses
Another German bank has flagged its heavy exposure to losses from shipping loans. Bremer Landesbank warned yesterday it estimates a…
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Europe
THE Alliance creates first liner emergency fund in the wake of Hanjin’s demise
With just over three weeks till kick off THE Alliance today announced its final network after all needed preparations have…
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Europe
Hamburg port finishes key entrance widening process
Hamburg port has completed the redesign of the entrance to its Vorhafen Harbour Basin, allowing larger ships to maneuver more…
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Europe
Time marches on for beleaguered Marenave
Endangered Hamburg owner Marenave Schiffahrts has managed to get yet another extension from its creditors to hold off demanding backpayments.…
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Europe
German liner shipping has up to $30bn of toxic debt
German liner shipping has as much as $30bn of toxic debt, delegates attending Marine Money’s event in Hamburg were told…
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Europe
Offen backs struggling Marenave
German investors are coming to the rescue of Hamburg’s struggling Marenave Schiffahrts. Marenave has managed to conclude an investment agreement…
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Europe
Boskalis wins Hohe See cabling contract
Dutch firm Royal Boskalis Westminster subsidiary VBM has been awarded a contract by EnBW Hohe See for inter-array cabling at…
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Europe
DB Schenker buys into American online trucking startup
The ongoing digitisation of the freight transport industry continues with news German logistics giant DB Schenker has bought a $25m…
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Americas
Vega Reederei facing fine for failing to comply with US ballast water rules
German shipping firm Vega Reederei GmbH & Co. KG is facing possible civil penalties for failing to comply with US…
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Europe
Oldendorff takes post-panamax
Oldendorff, one of the busiest buyers and sellers in dry bulk over the past three quarters, has bagged a post-panamax.…
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Europe
Rickmers-Linie taken over by Zeaborn Group
German MPP specialist Zeaborn Group has announced the takeover of the business operations and international organisation of Rickmers-Linie. The deal,…
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Europe
Dredging approaches to Hamburg port moves a step closer
The port of Hamburg has welcomed a decision at a court in Leipzig to dismiss environmentalist concerns about dredging the…
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