Designing in Virtual Reality

"The challenge is to break the stereotype of the shipbuilding industry being a traditional craft”

HSH Nordbank Seeks Owner

HSH Beteiligungs Management has started a bidding process to sell the majority of the shares in Germany’s HSH ...

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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 ...

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Report: German Ports Open to Stranded Hanjin Boxships

South Korea’s financially troubled ocean carrier Hanjin Shipping has been cleared to unload and load ...

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HSH Nordbank's Shipping Loan Loss Provisions Still High

Due to persistently difficult conditions in the shipping market seen during the first half of 2016, loan loss ...

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Briese, Auerbach Form Alliance

German shipping companies Briese Group and Auerbach Schiffahrt have formed a strategic alliance to cooperate more ...

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Berenberg Secures USD 500 Mn for Shipping Loans

Hamburg-based banking company Joh. Berenberg, Gossler & Co. (Berenberg Bank) has secured some USD 500 million ...

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HSH to Sell USD 3.7 Bn, Transfer USD 5.6 Bn in Bad Loans

Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance is putting up for sale up to EUR ...

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Marenave Could Sell Entire Fleet to Repay Loans

Hamburg-based shipping trust Marenave Schiffahrts said that it received a letter of intent from its lenders stating ...

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VIDEO: MV Berlin Reaches Rostock after 4 Years of Delay

After four years of delay, a new hybrid ferry owned by the German-Danish ferry operator Scandlines reached its ...

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HCI Capital Expands Its Footprint in Shipping Industry

Germany-based investment company HCI Capital has taken a further leap into the shipping industry with the ...

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Brunsbüttel Workers to Start 24-Hour Strike

A 24-hour strike action at the German Brunsbüttel locks could cause some delays in vessel traffic during nighttime ...

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Drunken Captain Grounds Ship off Rostock, Germany

Dutch cargo ship Abis Bergen ran aground on Saturday, March 26th at the entrance of the German port of Rostock ...

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German Cruise Passengers to Reach 3 Mln Mark by 2020

The German cruise market is expected to reach some 3 million cruise passengers already in 2020, according to Felix ...

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Iran and Germany to Set Up Shipping Company

Iran and Germany are negotiating the possibilities for re-establishing shipping cooperation including through ...

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Update: CSCL Indian Ocean Reaches Hamburg

China Shipping Container Lines’ stricken boxship CSCL Indian Ocean has arrived at Hamburg Port and tied up at ...

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Fire Breaks Out Aboard Ventura Cargo Ship

A fire broke out in one of the cargo holds of the general cargo ship Ventura as the ship was about to enter the ...

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HHLA Sees 11.8 Pct Drop in Container Volumes

German terminal operator Hamburger Hafen und Logistik AG (HHLA) has recorded a 11.8 percent drop in container ...

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Container Catches Fire on MSC Ship off Germany

The crew of the 12,400 TEU container ship MSC Katrina reported that one of the containers on board caught fire on ...

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Spotted: Nordana Sea Ready for Launching

Dutch shipbuilder Ferus Smit is preparing to launch the third vessel in a series of six to be delivered to Dutch ...

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Hapag Lloyd Extends IPO Deadline amid Subdued Demand

German container shipping company Hapag Lloyd has extended its initial public offering (IPO) by a week to November ...

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Germany Bankrolls Boxship LNG Conversion

German shipping company Wessels Reederei has received a government grant to convert one of its container ships to ...

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