Offen's massive container fleet shrinks again

Claus-Peter Offen was until recently the world's biggest owner of container ships. Now six of the company's container ships have been declared insolvent.

The news that six KG-financed container ships in German Reederei Claus-Peter Offen's fleet - which the company has also invested in - have been declared insolvent could lead to renewed speculations about the carrier's financial state, like other German shipowners who, through complicated financial constructions, continue to own a big part of the global container fleet.

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