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Car Carrier Newbuild Touches Ground in River Ems
The large car and truck carrier (LCTC) Siem Cicero, only ten days old, briefly scraped the [...]
Court: Elbe Dredging “Partially Illegal”
Germany’s Federal Administrative Court (Bundesverwaltungsgericht) in Leipzig has approved in principle the plan to dredge the river [...]
Germany, Namibia Enter Merchant Shipping Deal
Germany and Namibia have initialed a bilateral merchant shipping agreement in Windhoek to further strengthen and [...]
Report: HSH Nordbank Sells USD 1.75 Bn of Loans
German HSH Nordbank has reached an agreement to sell a part of its loan portfolio in [...]
HSH Nordbank Seeks Owner
HSH Beteiligungs Management has started a bidding process to sell the majority of the shares in [...]
Moody’s: German Ship Lenders to Require Further Provisioning
German ship lenders are facing increasing risks from the prolonged global shipping industry crisis, with their [...]
Report: German Ports Open to Stranded Hanjin Boxships
South Korea’s financially troubled ocean carrier Hanjin Shipping has been cleared to unload and load containers [...]