• 2016 December 4 08:38

    Hamburg shipping companies Ahrenkiel Steamship and Vogemann merge their activities

    The Hamburg shipping companies Ahrenkiel Steamship GmbH & Co. KG ("Ahrenkiel Steamship") and H. Vogemann Reederei GmbH & Co. KG ("Vogemann") are merging their activities involving the technical management of bulk carriers, the company said in its press release. The joint venture set up for this purpose, with the name of Ahrenkiel Vogemann Bulk GmbH & Co. KG ("AVB"), starts out managing a fleet of 14 bulk carriers with a total freight capacity of around 1 million tdw including three vessels of Hamburg-based KG Reederei Roth GmbH & Co. ("Reederei Roth"). The fleet's focus is currently on the Supramax and Panamax segments, but there are plans to branch out into other size categories. For example, two new Handysize vessels are expected to go into service at Reederei Roth in the first quarter of 2017 and will likewise be managed by AVB.

    The majority shareholder of AVB is Ahrenkiel Steamship, which belongs to the MPC Capital Group. Dr Michael Silies and Jan-Eric Panitzki (both Ahrenkiel Steamship) alongside Karl Mohr (Vogemann) have been appointed as the directors. Ahrenkiel Steamship and Vogemann had already established a joint pool for Supramax bulk carriers last year. The new joint venture that is now taking shape, with its operational base at Vogemann's business premises in Hamburg-Rotherbaum, is intended to take the partnership between the companies to the next level and secure an improved market position by unlocking synergies in technical management. Vogemann will take charge of chartering for the bulk carriers managed by AVB.

    The market for bulk carriers is one of the areas of merchant shipping to have stabilised in recent months. After touching a low of 300 points in February 2016, the Baltic Dry Index has experienced a resurgence over the remainder of the year. In November the BDI moved above 1,200 points, its highest level since the end of 2014.

    "In establishing the joint venture we are significantly extending our expertise in the bulk carrier area, which complements our existing focus on the midsize container ship segment. The strategic merger of bulk operations brings huge advantages for both partners because by combining our efforts we can now offer a unified market presence and a broad range of services. We are open to other partners joining," commented Dr Michael Silies, CEO of Ahrenkiel Steamship and Director of the new joint venture AVB.

    Jens-Michael Arndt, Managing Partner of the H. Vogemann Group, added: "In today's difficult market environment close cooperation among partners is crucial. By pooling the partners' capacities we are boosting our competitiveness in the technical management of bulk carriers and have plans to expand this area further over the coming months."

    About Ahrenkiel Steamship:
    The Hamburg shipping company Ahrenkiel Steamship GmbH & Co. KG offers commercial and technical management for container ships and bulk carriers, with the focus on the medium size category. Technical management activities are conducted under the brand name Ahrenkiel Steamship. Chartering and operational management are handled by CONTCHART Hamburg Leer GmbH & Co. KG, a subsidiary of Ahrenkiel Steamship. Ahrenkiel Steamship has been part of the Hamburg-based MPC Capital Group since March 2015.

    About the H. Vogemann Group:
    The H. Vogemann Group, established in 1886, is among the oldest shipping companies in Germany. Since 2007 H. Vogemann has been operating internal revenue pools in a variety of size categories in the bulk carrier sector, drawing to good effect on the extensive chartering expertise that is available within the group: H. Vogemann currently has 15 chartering brokers, making it one of Germany's largest chartering brokers for dry bulk, and it enjoys a well-established market presence that stretches back many decades.


2018 December 12

15:50 Throughput of Russian seaports in 11M’18 grew by 4.2% Y-o-Y to 746.8 million tonnes (detalization)
15:26 Okskaya Sudoverf launches first dry cargo carrier of Project RSD32M
15:02 American Petroleum Institute (API) awards bolt fatigue testing program contract to DNV GL
14:25 Giant Octopus added to the CPC’s stock of ER equipment
14:01 London hosts global port environment experts
13:20 Pola Anatolia, dry cargo ship of RSD59 design, successfully passed sea trials
13:01 Newcastle Container Terminal to deliver savings for regional NSW
12:36 Sovcomflot BoD considered the Group’s financial plan for 2019 and a forecast for 2020-2021
12:01 Diana Shipping announces time charter contract for m/v Ismene with Koch
11:49 Yury Trutnev appointed as head of revised State Commission for Arctic Development
11:22 Three icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on December 11-12
11:00 COSCO SHIPPING Ports partners with Abu Dhabi Ports to create regional trading hub and Middle East gateway for Belt and Road
10:47 Throughput of Rostov-on-Don port in 11M’18 up 15% Y-o-Y to 22.9 million tonnes
10:20 Brent Crude futures price up 1.16% to $60.9, Light Sweet Crude – up 0.67% to $52.3
10:11 Full bonded area is opened in Port Bronka
10:01 WMU welcomes ITF General Secretary and President
09:59 GTT receives an order for the tank design of two new LNG carriers
09:44 Bunker prices continue going down at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index is down to 1,364 points
08:28 Boskalis Ndurance’ cable trencher successfully tested at Alexiahaven
08:05 Maritime Blockchain Labs announces new consortium to improve crew management

2018 December 11

17:59 ASW Severomorsk of RF Navy's Northern Fleet makes a call to the Republic of Djibouti
17:33 Diesel submarine of RF Navy’s Pacific Fleet conducted training exercise in the Sea of Japan
17:10 Port of Antwerp International to consult USPA on tariff setting, concession and environmental policy
16:46 Van Oord supports the 6th Forum of Dredging Companies as its Sponsor
16:21 Yamal LNG reached full capacity
16:02 Hapag-Lloyd announces rates from Indian Subcontinent & Pakistan to North Europe
15:32 Georgia Ports Authority on track for 4.3M TEUs in 2018
15:20 Four new sponsors confirmed to join line-up at 2019’s Maritime Reconnaissance and Surveillance Technology conference
15:02 Hapag-Lloyd announces rates from Middle East to North Europe
14:48 Draft law on Arctic administration approved in the third reading by Russia’s State Duma
14:32 ECSA welcomes the decision by the EU Commission to update the EU list of ship recycling facilities
14:02 Global Ship Lease announces new long-term charter agreements with CMA CGM
13:32 Maersk Broker Bulk Chartering and Wonsild Dry to merge as of January 2019
13:15 Throughput of port Kavkaz in 11M’18 grew by 13% Y-o-Y to 45.61 million tonnes
13:02 COSCO SHIPPING Ports and Abu Dhabi Ports inaugurate CSP Abu Dhabi Terminal
12:46 Throughput of Russian seaports in 11M’18 grew by 4.2% to 746.81 million tonnes
12:13 Alfa Laval sells more than 100 GCU units for LNG newbuilds
12:01 Overseas Shipholding Group and American Shipping Company jointly announce extension of tanker charters
11:44 One icebreaker escort operation performed in eastern part of Gulf of Finland during 24 hours on December 10-11
11:40 The second phase of IMO-implemented safe and sustainable ship recycling project in Bangladesh starts
11:17 Bunker prices are flat at the Far East ports of Russia (graph)
10:58 NYK сoncludes long-term charter agreement for three LNG carriers with MC
10:30 MAN Cryo and partners develop marine liquid-hydrogen fuel-gas system
10:05 Port of Gdansk reports new quarterly record
09:39 Brent Crude futures price up 0.37% to $60.19, Light Sweet Crude – up 0.31% to $51.16
09:16 Baltic Dry Index is up to 1,385 points

2018 December 10

18:08 US major retail container ports imports reach 2 million containers in October 2018
17:50 Taganrog Sea Commercial Port spent USD 67,300 for its environmental programme in 9M’2018, up 6% YoY
17:27 Icebreakers of FSUE Rosmorport assisted 322 ships in navigation season 2018-2019
17:06 Nexans awarded contract for the manufacturing, delivery and installation of 350 kV HVDC submarine cable in the Philippines
16:49 Throughput of port Riga (Latvia) in 11M’18 climbed by 6.5% Y-o-Y to 33.1 million tonnes
16:33 Konstantin Ponomarev appointed as head of RS Nuclear Ships Branch
16:10 Ship Recycling Transparency Initiative launches new online platform
15:58 MOL to participate in construction, ownership, operation of FSRU for Jawa 1 gas-fired IPP project in Indonesia
15:52 MOL LNG сarrier LNG Fukurokuju rescues castaway
15:26 Gasum consolidates its position as the leading Nordic LNG provider
14:58 NIBULON Shipbuilding and Repair Yard adds a new high-capacity German crane to its cranes
14:25 BIMCO publishes two 2020 sulphur clauses
14:00 Average wholesale prices for М-100 HFO down to RUB 16,794 in RF spot market