ShippingWatch

Ahrenkiel: This is the solution for struggling German shipping

German shipowner and shipmanager Ahrenkiel almost succumbed to the pressure, but in April the company was acquired by two other carriers. This model could be the solution for many other carriers, Managing Director Klaus G. Wolff tells ShippingWatch.

Photo: Ahrenkiel

HAMBURG

Things almost went completely wrong for German Ahrenkiel, which a few years ago was at risk of succumbing to the pressure in the German shipping sector following the collapse of the KG funds and the weight of the financial crisis – a crisis that has yet to loosen its grip.

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