21/06/2021at 15:39

German shipping is finally out of the woods

After 12 years of bankruptcies and brutal restructuring, the German shipping industry has turned a corner. A booming container market and positive signs in many parts of the industry indicate that German shipping is on a strong rebound.

Photo: PR / Dietmar Hapenpusch / Port of Hamburg Marketing Association

by JENS THOMSEN

The German shipping industry is steaming ahead in an atmosphere of newfound optimism following a torturous decade of financial crisis and brutal restructuring.

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