26/09/2014at 10:50

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.

by KATRINE GRØNVALD RAUN

HAMBURG

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Lloyds Funds: German ship management could be next loser
For subscribers
German shipping bank cuts USD 551 million from loans
For subscribers
Behrendt: German shipping fundamentally changing

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Maersk has the stated goal of reaching net-zero emissions by 2040, which requires that ships sail on green alternatives to traditional bunker oil. | Foto: Marcus Brandt/AP/Ritzau Scanpix

Regulation

Maersk Oil Trading merged into new business unit for green energy

The oil trader will become part of a new climate unit at Maersk. All employees will keep their positions, but managerial changes are inbound.

For subscribers

Suppliers

Major bunker companies prepare for a future with biofuels on the shelves

Photo: Toby Melville/Reuters/Ritzau Scanpix

Container

Maersk to pay millions of dollar in damages to US furniture importer

For subscribers

Seafarers in Bremerhaven, Germany, during the coronavirus pandemic in 2021. | Foto: Sina Schuldt/AP/Ritzau Scanpix

Carriers

Lack of seafarers creates growth issues in commercial shipping

For subscribers

Suppliers

Monjasa emitted more CO2 last year after sales progression

For subscribers

Logistics

Scan Global enters Kenyan market

For subscribers

Maersk Oil Trading merged into new business unit for green energy

The oil trader will become part of a new climate unit at Maersk. All employees will keep their positions, but managerial changes are inbound.

For subscribers

Container

Maersk to pay millions of dollar in damages to US furniture importer

The shipping group is forced to pay a USD 9.8m fine as a subsidiary refused to fulfill contractual obligations to a furniture importer during the chaos of the pandemic.

For subscribers

Suppliers