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Hartmann Group and Schulte & Bruns merge in Short-Sea Shipping activitites

The Hartmann Group in Leer and Schulte & Bruns in Papenburg have agreed to an expansive cooperation in their short-sea activities. As from the 1st of January 2017 both firms will have a 50 % share respectively with Schulte & Bruns Chartering, a subsidiary of the Schulte & Bruns Group.

Schulte & Bruns Chartering operates the S&B owned and controlled fleet via their offices in Hamburg, Heerenveen, Newcastle and Papenburg and will now also commercially manage a major part of the Hartmann Group's controlled MPP ships, ranging from 5,000 to 17,000dwt on an exclusive basis. Both Ems based companies are equally active in operating the same type of ships with and without cargo gear.

Within the scope of the joint venture, the Hartmann Group will take overthe nautical and technical management, including crewing, of the directly controlled S&B ships through their subsidiary in Leer, Hartmann Dry Cargo Germany.

By combining their activities, both companies expect a strengthening of their market potential which will be ultimately beneficial for the industry both parties believe.

The goal of the cooperation is to combine the respective strengths in order to exploit the synergistic effects coming along with it.