• 2018 October 17 11:27

    Norddeutsche Reederei H. Schuldt joins V.Group

    Norddeutsche Vermögen Group and V.Group have signed an agreement for Norddeutsche Reederei H. Schuldt (“Norddeutsche Reederei”) to join V.Group. At the same time, the combined company will form a partnership for commercial management with Blue Net Chartering, the V.Group said.

    The transaction represents a major step in delivering consolidation of commercial and technical management in the container segment in Germany, underpinning V.Group’s ambition to drive the transformation of the industry and to be the leading global provider of marine support services.

    Norddeutsche Reederei is one of the leading players in the Hamburg market with 150 years of history, managing a container fleet of 46 vessels, representing 229.847 TEU. The current Norddeutsche Reederei team will continue to manage the fleet out of the present premises in Hamburg, and will be joined by V.Group’s existing Hamburg-based technical management team. As part of V.Group’s continued growth plans, further investment will be made to create a centre of excellence for the management of global container fleets.

    As part of the transaction 35 vessels currently owned by Norddeutsche Vermögen Group will be transferred to Northern Shipping Holding in a new standalone structure. The structure was established with the support of the financing institution and brings together the expertise of the world’s largest technical manager, V.Group, the existing ship manager, and Hamburg’s exclusive chartering brokers, Blue Net Chartering, to optimise the fleet’s financial performance.

    Dr. Bernd Kortüm, founder and sole shareholder of the Norddeutsche Vermögen Group said: “I’m very happy that we found a strong partner for my company in V.Group. The container shipping industry continues to face a challenging market environment, but with the backing of V.Group, Norddeutsche Reederei has an exciting opportunity to become part of a centre of excellence for global containership management. This will also be a substantial boost for Hamburg’s shipping community.”

    Ian El-Mokadem, CEO of V.Group added: “The acquisition of Norddeutsche Reederei allows V.Group to strengthen its position as the global leader in marine support services. Norddeutsche Reederei’s highly experienced team will significantly enhance V.Group’s expertise in the management of container vessels to the highest quality level. With the addition of the capabilities of Norddeutsche Reederei, V.Group will strive to continue setting new standards and be a driving force in transforming the industry.”

    The transaction is subject to certain closing conditions including antitrust approval.

    About V.Group
    V.Group is the leading global marine and offshore vessel management and support services provider, with circa 3,000 colleagues based across 60 offices globally, supporting over 44,000 seafarers.

    About Norddeutsche Vermögen Group
    Norddeutsche Vermögen Group was founded in 1975, is100% owned by Dr Bernd Kortüm and engaged in shipping, real estate, nursing homes for the elderly and other private investments.

    About Blue Net Chartering
    Blue Net Chartering is the exclusive chartering broker for the containerships managed by Costamare Shipping Company S.A., Peter Döhle Schiffahrts-KG and other third party customers. After the transaction, the company will provide brokerage services for a fleet of 270 container vessels in the sizes between 1,000-14,000 TEU.

    About Northern Shipping Holding
    Northern Shipping Holding is an entity that has been set up to help manage the 35-vessel fleet.




2019 January 16

13:25 Société Générale and MPA Singapore join SEA\LNG Board
12:58 Vladivostok Sea Fishing Port handled 4.54 million of cargo in 2018, up 14% Y-o-Y
12:33 VEB team got acquainted with Zvezda SBC production
12:09 ABS Advanced Solutions and Fleet Management Limited partner on cyber security
11:56 Engineers from Far Eastern Federal University provide scientific support of dry dock construction at Zvezda shipyard
11:30 Bunker prices at the Port of Saint-Petersburg, Russia show no significant changes (graph)
11:09 Port of Oakland cargo volume hit all-time high in 2018
10:52 3 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on January 15-16
10:35 ​IMO Secretary-General highlightes the need to consider seafarer training and standards
10:09 Fincantieri to build a new ship for Regent Seven Seas Cruises
09:57 Brent Crude futures price down 0.02% to $60.57, Light Sweet Crude – down 0.03% to $51.97
09:41 CMA CGM OCEANIA LINES - PAD service to resume weekly rotations
09:16 Baltic Dry Index is down to 1,096 points

2019 January 15

18:18 WMU investigated how the global transport industry will change as a result of automation and advanced technologies
17:52 ASCO Training Center achieved all targets set for 2018
17:27 Sovcomflot provides technical management for Marshal Vasilevskiy floating storage and regasification unit
17:00 Throughput of port Shanghai (China) climbed by 0.07% to 561.29 million tonnes in 2018
15:59 Bunker prices continue going down at the Far East ports of Russia (graph)
15:04 Equinor uses technical expertise from LR to lead a safety study assessment for significant offshore project in Brazil
14:44 Container throughput of port Hong Kong (China) down 5.4% to 19.64 million TEUs in 2018
14:21 ONE achieves container loading records in two consecutive weeks by “MOL TRUST” and “MOL TRADITION”
14:00 Port of Klaipeda (Lithuania) handled 46.58 million tonnes of cargo in 2018, up 7.3% Y-o-Y
13:36 Turnover of DeloPorts’ terminals in 2018 increased by 13% Y-o-Y to 8.7 mln tonnes
13:12 Havyard merges its navigation, automation and power systems services into one brand
12:53 Order portfolio of Zvezda Shipbuilding Complex grew by 42% in IIH’2018
12:30 ABS grants AIP for Neptun’s wind turbine transport vessel
12:01 ZIM’s blockchain based B/L’s initiative: the next phase
11:43 9 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on January 14-15
11:29 Jan De Nul enters into concession agreement with the Government of Bangladesh for the dredging of Payra Port
11:20 CDP, Fincantieri and Snam team up to innovate port facilities in Italy and develop sustainable technologies for maritime transport
10:37 Black Sea Fleet trains for new exercises of Depth 2019 contest
10:04 Brent Crude futures price up 1.19% to $59.7, Light Sweet Crude – up 1.27% to $51.13
09:42 Icebreakers of FSUE Rosmorport assisted 2,026 ships in navigation season 2018-2019
09:19 Baltic Dry Index is down to 1,147 points

2019 January 14

18:00 EU, China and the U.S. needs to support counter-piracy operations in the Gulf of Guinea – BIMCO
17:38 Port of Singapore throughput in 2018 grew by 0.4% Y-o-Y to 630.03 million tonnes
17:06 The new Kvarken ferry will be built in Raumo
16:30 Hapag-Lloyd announces Marine Fuel Recovery Surcharges for North Europe
16:00 Full ban on open-loop scrubbers not yet imposed in China
15:36 China adopted new regulations concerning reporting of fuel consumption
15:12 ABP strengthens business with new steel contract at the Port of Immingham
14:47 ABP: £250m to keep Britain trading through Brexit
14:20 PIL adds Itajai call to Sino South America Service (SSA)
13:59 Average wholesale prices for М-100 HFO up to RUB 13,924 in RF spot market
13:35 Russian Railways: Loading of export cargo bound for domestic ports up 4.5% to 306.5 million tonnes in 2018
13:13 Color Line expands Kiel – Oslo cargo capacity
12:54 Posidonia 2020 promises to be the largest and most versatile in its 50 year history
12:32 IMO helps Member States with sustainability targets
12:11 Crowley’s LNG-fueled ConRo MV Taíno completes maiden voyage to Puerto Rico
11:50 IMO holds training on maritime counter-terrorism measures in Viet Nam
11:31 ICTSI flagship gets eco-friendly RTGs
11:08 Cai Mep Terminal receives world’s large container ship
10:44 4 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on January 13-14
10:21 Cargo turnover at the terminals of the Freeport of Ventspils increased in 2018
09:58 Brent Crude futures price down 0.94% to $59.91, Light Sweet Crude – down 0.95% to $51.11
09:40 Throughput of port Helsinki (Finland) in 2018 grew by 3.3% Y-o-Y to 14.71 million tonnes
09:19 Baltic Dry Index is down to 1,169 points

2019 January 13

17:04 Number of ships sailing with Selektope®-powered antifouling coatings set to double in 2019
16:29 Finnish shipbuilder RMC inks LoI for a new car and passenger ferry
15:24 Crowley’s LNG-fueled ConRo MV Taíno completes maiden voyage to Puerto Rico