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.
BY OLE ANDERSEN

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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