Germany
-
Containers
Shanghai Zhonggu Shipping continues fleet expansion
Shanghai Zhonggu Shipping is being linked as the buyer of 3,398teu containership for $7.1m. Broking sources reported the sale some…
Read More » -
Containers
Fire hits Maersk ship involved in collision with another containership off Ningbo
Maersk Line containership Safmarine Meru and another containership Northern Jasper, owned by German company Norddeutsche Reederei, collided off Ningbo on…
Read More » -
Bunkering
Bunker spill dampens Hamburg birthday celebrations
It was the Port of Hamburg’s birthday over the weekend, but celebrations were dampened by two incidents. On Saturday a…
Read More » -
Europe
Rickmers-Linie and Bahri Liner sign space charter agreement
Rickmers-Linie and the National Shipping Company of Saudi Arabia (trading as Bahri Liner) have recently signed a space charter agreement.…
Read More » -
Containers
HCI Capital acquires Ernst Russ
German investment company HCI Capital has added to its burgeoning shipping empire, taking over Ernst Russ, one of the most…
Read More » -
Containers
Hapag-Lloyd and UASC in merger talks: German media
German media report say that Hapag-Lloyd is in talks with United Arab Shipping Company to merge as the container sector…
Read More » -
Europe
E.R. Capital and Rickmers plan shipmanagement merger
Germany’s Rickmers Holding and E.R. Capital Holding GmbH & Cie. KG have signed a declaration of intent to merge their respective…
Read More » -
Europe
NordLB to cut shipping exposure by up to €14bn
Germany’s NordLB plans reduce to its current €19bn shipping loan portfolio to between €5bn to €7bn within the next five years…
Read More » -
Containers
Patricia Schulte struggling to find a buyer
The 2,800 teu, 10-year-old is struggling to find a buyer. A spokesperson for South Korea’s KMTC has quashed speculation that…
Read More » -
Europe
Two dead in tanker explosion at Duisburg shipyard
At least two people were killed by an explosion and fire onboard the inland tanker Julius Rütgers at the Duisburg shipyard…
Read More » -
Europe
Drunken captain grounds ship, blocks entrance to port of Rostock
The master of Dutch general cargo vessel is in serious trouble after his ship veered off course, ran aground and…
Read More » -
Dry Cargo
Oldendorff buys and sells
Brokers report the German powerhouse Oldendorff has just offloaded the 53,700 dwt Sapphire Seas, built 2005. The ship comes from…
Read More » -
Europe
Siem to provide walk-to-work services to North Sea offshore windfarm
Siem Offshore Contractors is to supply a walk-to-work (W2W) service operations vessels (SOV) to Ocean Breeze Energy at the German…
Read More » -
Europe
MOL and Daimler to ship cars to Asia via Slovenia
Japan’s Mitsui OSK Lines (MOL) is teaming up with German car manufacturer Daimler to ship vehicles to Asia. The new…
Read More » -
Europe
Genting Hong Kong buys three German yards
Genting Hong Kong, whose subsidiaries include Star Cruises and other cruise brands, has come with an agreement with Nordic Yards…
Read More » -
Europe
Fred Olsen Windcarrier secures German wind turbine installation contract
Fred Olsen Windcarrier has been awarded a contract by Siemens to transport and install wind turbines at the EnBW Hohe…
Read More » -
Dry Cargo
Shandong Huahai’s last newbuilding off to Oldendorff
Several broker reports link German bulk specialist Oldendorff to last week’s auction of an unfinished handysize sold ‘as is’ for…
Read More » -
Europe
NordLB forms joint venture for restructuring of shipping loans
German bank NordLB has announced a new joint venture with Reederei Offen Group and Caplantic to advise on the restructuring…
Read More » -
Asia
Vogemann supramax pool ‘beats the Baltic’
The H. Vogemann Supramax Pool says it outperformed the Baltic Supramax Index during the fourth quarter 2015, “despite the present…
Read More » -
Europe
Marenave Schiffahrts extends repayment deal with its banks
Germany’s Marenave Schiffahrts group and its banks have agreed to extend their loan repayment structure by a further six months…
Read More »