Page 28: of Maritime Reporter Magazine (May 2018)

A challenge is the ship ? nancing. Domestic banks as partners have broken away. German ship owners are looking for new partners in foreign countries.

German Captain and his of? cers on duty.

strengthen the German shipping location. A challenge is the ship ? nancing. Domestic banks as partners have broken away. German ship owners are looking for new partners in foreign countries.

The structural changes in the global market require from the maritime economy a high degree of adapt- ability. What, in your opinion, must be done in or- der to meet these demands?

German vessels have always been on the move glob- ally. But now also the companies are gaining ground – not only at ? nancing. The same trend we see at the management. Big corporations ? ll their leading posi- tions much more often with foreign manager. The more international the shipping companies management is positioned, the less the company depends on the Ger- man location.

Also, typical German company structures are in a change. Project planning, ? nancing, property, charter, crewing and operating are done less often from a single source.

In fact, owner focus on their core competences. Ger- man shipping companies enjoy worldwide a good repu- tation with the management of vessels – so that repu- table foreign companies give their vessels for operation at the German location. The quality is right, but the price pressure in Germany is huge.

The new extended business areas of our companies make it also necessary to think about further devel-

Photo: Pospiech

One of the Hartmann-Reederei special vessels.

Photo: Pospiech 28 Maritime Reporter & Engineering News • MAY 2018

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