rss icon Subscribe
desktop mobile

Schulte Group Buys LNG Specialist PRONAV

Image:  Bernhard Schulte Shipmanagement

By Aiswarya Lakshmi

Hamburg shipowning and management group Bernhard Schulte has signed a contract for the acquisition of 100% of the shares in the prestigious LNG ship manager PRONAV - subject to merger approval of the German Federal Cartel Office (Bundeskartellamt).

The worldwide operating Schulte Group owns about 100 vessels (mainly container, tanker, bulker) and manages 600 vessels in all segments. PRONAV, based in Hamburg, is an internationally renowned ship manager specialized in large LNG tonnage.
Schulte Group is currently providing management services for 23 LNG carriers and has one LNG bunkering vessel and one 174,000cbm LNG carrier on order which will join the Schulte fleet in 2018.
The transaction puts the Schulte Group in a strong position to further exploit ship owning and ship management potential in the growing LNG market.

Jan 8, 2018

 

Legal

INSIGHTS: John Rynd / President , CEO and Director, Tidewater Inc.

John Rynd / President , CEO and Director, Tidewater Inc.

Mr. John Rynd graduated from Texas A&M University with a Bachelor of Arts degree in Economics.

US Coast Guard Publishes Final Ballast Water Management Reporting Requirement

© tempakul / Adobe Stock

A Final Rule eliminating the requirement for certain vessels that operate on voyages exclusively

Gulftainer Signs 50-year Lease for Port of Wilmington

Peter Richards, Group CEO of Gulftainer; Delaware Gov. John Carney; H.E. Yousef Al Otaiba, Ambassador of the United Arab Emirates to the United States; and Badr Jafar, Chairman of Gulftainer’s Executive Board, at the ceremony marking the Port of Wilmington concession agreement signing. Photo by Gulftainer

Gulftainer, the world’s largest privately-owned independent port operator and logistics company

LNG

Europe Gas Trade Volume on Track for Record in 2018

© Ben Schonewille / Adobe Stock

European gas trading volumes in 2018 may beat the record 51,000 terawatt hours (TWh) recorded in

WE Tech Equips World’s First Dual-fuel Handysize Bulker

The first LNG dual-fueled handysize bulk carrier in the world, M/V Haaga, features a range of energy efficiency solutions on board (Photo: ESL Shipping)

The world’s first liquefied natural gas (LNG) dual-fueled handysize bulk carrier, M/V Haaga

LR Grants AiP for Wison’s 300MW FSRP Design

David Barrow, LR Commercial Director – Marine & Offshore presents the AiP to Maarten Spilker, Wison Solutions Director at Gastech this week in Barcelona. (Photo: Lloyd’s Register)

Lloyd’s Register (LR) has issued approval in principle (AiP) to Wison for its 300MW capacity

Maritime Apps