German shipmanager Reederei NSB is taking to the international stage to reduce the dependence on a declining domestic market.
The Buxtehude-based company underwent a generational change at the start of the year that saw Tim Ponath take over as chief executive from his father, Helmut, who had built the company into one of the largest shipmanagers in Germany.
What we have been doing in the last years is mainly to become more independent from the German market
Tim Ponath
In the years when his father was at the helm, the shipmanager had a constant stream of vessels from KG (limited partnership) issuing houses Conti and Gebab.
