• 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 March 21

15:31 Severnaya Verf lays down second processing trawler of Project 170701 for Norebo Holding
15:08 German shipyard Lürssen launches project Fiji yacht named Madsummer
14:39 GoodFuels and REINPLUS FIWADO Bunker fuel first inland vessel on 100% sustainable biofuel
14:13 Incat Crowther 35m ferry for Samso Rederi
13:55 Nuclear-powered container carrier Sevmorput on her first voyage under Arctic LNG 2 project
13:24 Andrei Chibis appointed Acting Governor of Murmansk Region
13:17 Coast Guard continues to break ice on Penobscot River to start on the Kennebec River
12:00 Steel cut for first short-sea LNG bunker vessel for Eesti Gaas at Damen Yichang Shipyard, China
11:39 15 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on March 20-21
11:13 Bunker prices go down at the Far East ports of Russia (graph)
10:50 Doha to host Ports & Maritime Evolution, Rail & Logistics Evolution, Road & Logistics Evolution Qatar Assembly & Expo in September’19
10:27 Brent Crude futures price is up 0.16% to $68.61, Light Sweet Crude – up 0.02% to $60.24
10:08 MAN receives an order for two-stroke engines from Eastern Pacific Shipping
10:05 MABUX: Bunker Market this morning March, 21
09:59 2018 revenues of FSUE Rosmorport grew by 7% Y-o-Y to over RUB 26 billion
09:22 Baltic Dry Index is down to 709 points
09:08 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
09:00 PSA, PFR and IFM investors partner to jointly acquire the deepwater container terminal Gdańsk from Macquarie infrastructure and Real Assets, MTAA SUPER, AustralianSuper and Statewide Super
08:36 Port Canaveral starts construction of new Cruise Terminal 3 complex
07:58 SeaKing Electrical completes DFDS ferry upgrades in France

2019 March 20

18:00 Insight Into Contemporary Seafaring workshop held at Azerbaijan State Maritime Academy
17:43 Damen Cruise inks first contract with SeaDream Yacht Club
17:34 Wärtsilä prepares solutions for new state-of-the-art Wasaline ferry
17:34 Fire on Costa Smeralda under construction at Meyer Turku Shipyard not to affect building schedule
17:08 NOVATEK BoD recommends payment of RR 16.81 per ordinary share as 2018 dividend
16:46 Ukrainian seaports increased cargo handling by 2.5 million tons in January-February
16:22 ABP’s Hull Dry Bulks Terminal marks milestone handling biggest shipment
16:03 IMSSEA hosted “Maritime training and research activities” workshop
15:40 EU NAVFOR supports Somali / Ugandan maritime leadership training exercise course
15:21 Port of Long Beach Survey Director named
14:59 Finland’s Ministry of Transport and Communications appoints steering group to support reform of Act on Transport of Dangerous Goods
14:35 11 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on March 19-20
14:12 Nauticor and Destination Gotland start LNG bunkering in the port of Visby for MS “Visborg” with the world’s largest LNG bunker supply vessel “Kairos”
13:57 DNV GL has joined RAO/CIS Offshore 2019 as Sponsor of a conference session
13:32 TechnipFMC awarded subsea contract for the Equinor Johan Sverdrup Phase 2 development
13:11 BC Ferries reveals 25-year vision for Swartz Bay Terminal
12:49 RF Government approves implementation plan for construction of Kamchatka LNG terminal
12:30 Havyard delivers the third battery-run ferry for the Hareid–Sulesund route to Fjord1
12:04 A.P. Møller - Mærsk A/S announces the completion of the sale of ordinary shares in Total S.A.
11:48 Draft law on amendments to crab harvest quota distribution submitted by RF Government to State Duma
11:30 Brexit: Port of Rotterdam starts leafleting campaign at ferry-terminals
11:03 PD Ports welcomes Offshore Wind Sector Deal
10:44 Brent Crude futures price is up 0.20% to $67.81, Light Sweet Crude – up 0.04% to $59.33
10:26 NYK signs Japan’s first ESG management support loan
10:10 Bunker prices go down at the port of Saint-Petersburg, Russia (graph)
09:47 AS Tallink Grupp extends vessel charter agreement
09:22 Baltic Dry Index is down to 712 points
09:08 MABUX: Bunker market this morning, Mar.20.

2019 March 19

18:25 Navigation support tool receives 2018 Hydrographic Technology Encouragement Award
18:05 NYK holds conferences to improve the safety of its dry bulk fleet
17:36 Abu Dhabi Ports collects over 120 tons of floating sea debris
17:05 JAXPORT sets record with largest container ship to call Jacksonville
16:35 NYK introduces its market analysis initiatives using AI and big data
16:10 BigLift Shipping and Chung Yang Shipping cooperate in heavy transport
15:53 BW Group purchases a majority stake in Epic Gas from key shareholders and launches unconditional tender offer
15:23 Bunker market sees mixed price movements at the Far East ports of Russia (graph)
15:12 Royal IHC to design and deliver dredge installations for Van Oord
15:02 CMA CGM updates THC in Lithuania ports
14:31 Wight at the forefront of environmental stewardship – Hybrid Explorer Vessel
14:02 Maersk has announced FAK rates from Far East Asia to Mediterranean