Corporate NewsPress Review
Conti sees no sign of shipping crisis
GERMAN KG financing house Conti has added its voice to growing the chorus of concern over the availability of bank loans for shipping, despite being broadly optimistic over the future of the shipping industry. “This is basically a banking crisis,” said Conti’s managing director Shaun...
Stock slump ups interest in KG projects
Leading German shipping financier and managing owner Conti Reederei claims stockmarket doldrums have raised interest in KG (limited partnership) projects. A combination in Europe of struggling share values and low bank interest rates is maintaining retail interest in quality KG...
Conti order at Hantong boosts tally booked in China to 26
Conti Reederei of Germany has lifted to 26 its tally of bulkers on order in China with a deal for six 57,000-dwt handymaxes. The approximately $270m order at Hantong Shipyard has been developed with an unidentified long-term charterer. Four of the supramaxes are scheduled for delivery in 2010 and...
Conti's latest Aker Yards delivers second of five-ship series
From Lloyd's List, Friday August 17 2007 THE German Aker Yards has delivered another newbuilding to KG financier Conti, with tramp owner NSB Niederelbe taking over management of the ship, writes Katrin Berkenkopf in Cologne. The 2,100 teu Conti Elektra is the second of the shipbuilding...
Aker Yards delivered second container ship to CONTI and NSB
Aker Yards, Germany in Wismar and Rostock-Warnemünde delivered the second container vessel of the newly developed type Aker CS 2100 which fulfils the latest international demands on Thursday (August 16). Yard number 142 is the second vessel in a series of five container ships for Conti Reederei...
