A deal struck with its creditors has left the Hamburg owner with a fleet of 11 bulkers.
Just two of the 13 bulkers involved in insolvency proceedings have been sold and the company is already plotting its future by offering shipmanagement services to third parties.
“We have accomplished a very important first step. Now we are able to focus on shaping the future of our company again,” said managing director Thomas Wehr.
Wehr’s
