The Hamburg-based company, Leonhardt & Blumberg Reederei, and Buss Shipping company announced that they have agreed to merge their ship management activities. The new joint venture will be called Leonhardt & Blumberg Shipmanagement GmbH Co. KG.
The joint managed fleet will consist of 55 ships, with a focus on the container feeder segment and an average ship age of 8 years. The management board of the new venture will consist of Christian Rychly, Torben Kölln and Mathias Gaethje.
The integration of the two firms aims to achieve greater synergies for the partners.
Until the completion of the merger Leonhardt & Blumberg Reederei and Buss Shipping will continue to operate as separate entities.
Source: Port of Hamburg
