German shipping company Harren & Partner is to acquire SAL Heavy Lift from Japan’s K Line, making it a “dominant player” in the super heavy lift segment.
A consortium comprising of Vopak LNG Holding, Oiltanking and Gasunie LNG Holding is looking into constructing and operating a multi-service LNG terminal in Northern Germany.
In a rare intervention in political matters Union of Greek Shipowners president, Theodore Veniamis has taken German Finance Minister Wolfgang Schauble to task over the tax regime covering the Greek shipping industry.
Rickmers Group has filed for insolvency on Thursday, making it the most high profile casualty in Germany’s shipping sector, after its key lender HSH Nordbank rejected a restructuring plan a day earlier on Wednesday.
The proposed merger of Columbia Shipmanagement (CSM) and Marlow Navigation would create one of the “world’s largest” shipmanagement companies, intended ceo of the new entity Mark O’Neil told delegates at the Global Maritime Summit in Turkey this week.
Berhard Schulte Shipmanagement (BSM) has signaled its continuing intent to diversfy its core business by taking its first ice class container vessel, Eilbek, into management.
The container shipping line Hamburg Süd has opened a new Middle East office in Dubai, United Arab Emirates.
The current downturn in the offshore vessels segment has put a cap on demand for marine equipment, but Germany’s Schottel has positioned itself to capture opportunities during an upswing with new product launches.