Germany
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Europe
Genting Hong Kong buying Lloyd Werft
Genting Hong Kong, the owner of Star Cruises and a shareholder of Norwegian Cruise Lines, has entered into an agreement…
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Containers
Hapag Lloyd to launch IPO in November
Hapag Lloyd looks set to launch its initial public offering (IPO) by mid-November this year, according to reports from Germany’s…
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Europe
More action needed to prevent cargo theft, says IUMI
The International Union of Marine Insurance (IUMI) has said that more must be done to prevent cargo theft, after an…
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Asia
VLOC scrapped in Pakistan
Germany’s Neu Seeschiffahrt has sold its very large ore carrier (VLOC) vessel Rebekkah N (255,300 dwt, 36,615 ldt; built 1990)…
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Europe
GSR Services: Location blights many ship recyclers
Suedergellersen: Too often the reputation of decent ship recyclers are tarred simply by their geographic location, argues one of the…
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Europe
Hellespont Ship Management: A long-term approach to the markets
Ever the contrarian Phrixos Papachristidis reckons it is the dry bulk and offshore shipping sectors that have the most upside…
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Containers
Fire breaks out on 13,500 teu UASC boxship
A fire broke out in early this morning on the UASC owned Alula boxship. Firefighters spent three and a half…
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Containers
Hapag-Lloyd’s IPO moves nearer
The German boxline Hapag-Lloyd is ready to launch preparations for its initial public offering on the Frankfurt Stock Exchange as…
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Containers
Economic slowdown in China and Russia threatens Hamburg throughput
Container throughput at Germany’s Port of Hamburg is expected to fall by 7% due to sluggish economic growth in its…
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Dry Cargo
RWE group charters six new ultramaxes from Spar Shipping
Germany’s RWE group has chartered six new ultramax bulk carriers from Norwegian shipowner Spar Shipping. The bulkers have each been…
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Containers
Borealis and KKR add 18 vessels with Hanseatic Ship Asset Management acquisition
Hamburg: London-headquartered Borealis Maritime and US global investment firm KKR have acquired Hanseatic Ship Asset Management from Commerzbank for a…
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Containers
Alphaliner disputes Hapag-Lloyd valuations
Paris: French box analysts Alphaliner have dampened speculation regarding the possible listing of Germany’s Hapag-Lloyd. Investment banks Deutsche Bank, Goldman…
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Containers
Hapag-Lloyd pushes ahead with $5.5bn IPO
Hamburg: Hamburg-based liner giant Hapag-Lloyd is pushing ahead with a much-telegraphed initial public offering. The world’s fourth largest containerline is…
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Europe
Harren & Partner targets offshore wind with new JV
Bremen: Bremen-based Harren & Partner is targerting the wind installation sector by forming a joint venture with a construction company…
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Africa
d’Amico tanker caught up in oil theft row
Hamburg: A d’Amico tanker has become embroiled in an oil theft probe. Police in Germany have arrested the Celio Di…
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Asia
Petredec secures German funding for four handysize gas carriers
Singapore: Singapore-based LPG logistics giant Petredec has secured funding from Germany’s KfW IPEX-Bank on four 21,000 cu m handysize gas carriers.…
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Americas
German firm hit with another fine for oily water discharge off Alaska
San Francisco: German KG company Herm Dauelsberg has been slapped with a $750,000 fine for a repeat oily discharge offence…
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Containers
Delphis goes for panamax boxship pair
Oslo: Compagnie Maritime Belge’s (CMB) container unit Delphis has bought the Santa Regula and its twin, Santa Regina from German owner…
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Containers
Hapag-Lloyd readies to join the 20,000 teu club
Hamburg: Germany’s Hapag-Lloyd looks set to join G6 alliance members OOCL and MOL in ordering a series of 20,000 teu…
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Containers
Bertram Rickmers another step closer to NY listing with corporate makeover
Hamburg: In a further sign of Bertram Rickmers’ New York listing intentions, shareholders have voted to change Rickmers Holding, the…
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