Hamburg Airport -Irritating gas affects 68 passengers

 

 Hamburg Airport evacuated after toxin gas scare

Passengers at Hamburg Airport were evacuated after 68 people had been injured by as of yet unknown hazardous material that had spread through the airport’s air-conditioning. 

Fire services rule out terrorist attack after toxin, believed to be pepper spray, leads to air traffic shutdown of more than an hour,

A small gas cartridge was found in a trash can in the security-area, suggesting […] Continue Reading…

‘Borgward’ – in the past perhaps the worlds worst/wurst car brand to return to Bremen

What was perhaps one of the worst/wurst car brands ever in the past, namely BORGWARD, has now become a revived German marque and Borgward plans to build a factory in its historic hometown of Bremen.

Borgward was originally founded by Carl F. W. Borgward and the original company, based in Bremen in Germany, ceased operations in the 1960s. The Borgward group produced four brands of cars […] Continue Reading…

Bremen and problems with its ‘Landesbank’

Bremen may lose its Landesbank
Reuters reports that the German state-controlled lender NordLB/ Norddeutsche Landesbank aims to take full control of its already partly owned ‘Bremer Landesbank’ unit. This because German regulators are requesting the bank to increase its capital against bad shipping-loans.

Ship owners and their banks, many of whom are based in Germany, have a long tradition in ship building finance.

The ‘reserve requirement’ – or ‘cash reserve ratio’ – is a […] Continue Reading…

Hamburg’s ‘Berenberg Bank’ in spot-light for wrong reasons

In April this year NDR, WDR and the respected  “Süddeutsche Zeitung” newspaper brought to the attention of the German public some ‘questionable practices’ of the respected Berenberg Bank of Hamburg.

Deutsche Welle reported that ‘ The two German financial institutions mentioned in media reports as having helped high-ranking politicians, celebrities and sports stars hide their money abroad are Deutsche Bank, Germany’s largest lender, and the Hamburg-based Berenberg bank.’

The privately-owned Berenberg […] Continue Reading…

Iranian Containership ‘MV SEVGI’ makes first call in Hamburg

Hamburg Harbour – foto Wikipedia – Alexander Blum (Orator (talk))

On May 17, the Iranian Container ship, the MV SEVGI made its first call to Hamburg port, part of IRISL’s new general cargo service, which will call monthly at Hamburg as the only port in Germany, transporting conventional general cargo in addition to containers.

The maritime fleet of the Iran’s national shipping company -IRISL Group- comprises 115 ocean-going vessels, with the total capacity of 3.3 million tons deadweight/DWT.

Hamburg […] Continue Reading…

‘AIDAprima’ Cruise ship docks in Hamburg

The AIDA Cruises’ new ‘AIDAprima’ docked at her new homeport in Hamburg, Germany on 21st April.

AIDAprima is the largest cruise ship in AIDA cruises fleet, with an overall length of 300.00 m , moulded beam of 37.60 m, and maximum draft of8.00 m. The vessel has a capacity of 3,300 passengers and a complement of 900 crew members. AIDAprima has 18 passenger decks, 15 dining […] Continue Reading…

Containership ‘CSCL Indian Ocean’ freed from Grounding

Container Cargo ship  ‘CSCL  Indian Ocean’  freed from Grounding on Elbe River
The stranded Container Cargo ship in the River Elbe, which grounded on the 4th of February, the MV ‘CSCL  Indian Ocean’ has now been refloated and is presently undergoing under-water inspection in Hamburg for possible damage.

The grounding of this very large  containership which had  caused backup, congestion and delays of the very busy shipping traffic on the Elbe river, was successfully refloated […] Continue Reading…

Container Cargo ship ‘CSCL Indian Ocean’ grounded by Hamburg

Container Cargo ship  ‘CSCL  Indian Ocean’ grounded
The stranded Container Cargo ship in the River Elbe, which grounded on the 4th of February, is the MV ‘CSCL  Indian Ocean’ – a 400 meter long  containership owned by ‘China Shipping Group Co’.

The grounding of this very large  containership has caused backup, congestion and delays of the very busy shipping traffic on the Elbe river. The delays are creating logistical delays and head-aches for suppliers and importers.

According […] Continue Reading…

Chinese holding company ‘Fosun’ wants to purchase almost 10% of KTG Agrar SE

Chinese holding company ‘Fosun’ wants to purchase almost 10% of KTG Agrar SE
According to  TAZ, Brandenburg North German farmers have criticized a planned entry of the Chinese holding company ‘Fosun’ into Germany’s largest farming company, the Hamburg based KTG Agrar SE. http://www.taz.de/!5208491/  [ ‘die tageszeitung ‘ commonly referred to only as ‘taz’, is a progressive cooperative-owned German daily newspaper which was founded in 1978 in Berlin.]

The accusation […] Continue Reading…

‘Dubious’ Shipping Funds under scrutiny in Germany- Hamburg Ship owners not directly affected

 

The respected German newspaper Sueddeutsche Zeitung has today high-lighted the ‘dubious’ character of  some ‘Shipping bonds’ which had for a time become popular in Germany.http://www.sueddeutsche.de/wirtschaft/geldanlage-dubiose-schiffsfonds-mit-vollen-segeln-in-die-pleite-1.2767642

While this story has no direct Hamburg connection, the North German city remains the center of all things maritime in Germany, and therefore a negative story like this will have its repercussions.

Over the past decade, Germany has become one of the […] Continue Reading…