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German shipowner divests and fully exits dry bulk

Shipowner Claus-Peter Offen sells his stake in dry bulk business, report several media. This happens in an effort to focus shipping activities toward one area. Offen has already sold its tanker business to Zeaborn.

Photo: Screenshot/Marine Money

Renowned German shipping investor Claus-Peter Offen further narrows the focus of his shipping business with new divestment.

According to several media, including German Hansa International, shipowner Offen Group has sold its majority stake in dry bulk operator BBG, Bremer Bereederungsgesellschaft. As such, Offen Group fully exits the dry bulk sector.

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