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Marenave Schiffahrts has reported a EUR2.2m profit for the first nine months of 2013, down from EUR5.8m in the same period last year.

Switzerland’s ABB has installed the world’s most powerful offshore wind connector station, in a three-day operation in the North Sea.

Germany has become the latest to implement a new Private Maritime Security Company (PMSC) licensing structure for ships flying its flag.

Hamburg: German state bank KfW is considering making finance available for shipbuilding, despite continuing liabilities in its shipping portfolio, Reuters reports.

Hamburg: Merger talks between Hapag-Lloyd and Hamburg Süd have been suspended by Hamburg Süd's owners the Oetker Group as the two sides failed to reach an agreement on the partnership.

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