Low water still hampers Rhine and Danube shipping in Germany

Water on the Rhine and Danube in Germany remains shallow and cargo vessels cannot sail fully loaded, traders...

Germany wants Greece in euro zone, IMF says no special deals

Germany on Monday backed Greece to stay in the euro zone and the European Commission dispatched a senior official to Athens to persuade it to take on further reforms to salvage its bailout accord.

Euro may be too weak for Germany but too strong for others

In an attack on Germany, U.S. President Donald Trump’s top trade adviser said the euro was “grossly undervalued”, a charge which may ring true for the German economy but not for the 19-member currency zone as a whole.

Germany, Namibia Enter Merchant Shipping Deal

Germany and Namibia have initialed a bilateral merchant shipping agreement in Windhoek to further strengthen and develop economic relations between the two countries.

HSH Nordbank Seeks Owner

HSH Beteiligungs Management has started a bidding process to sell the majority of the shares in Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance.

Germany denies devising Greek rescue plan without IMF

Germany expects the International Monetary Fund to participate in Greece’s bailout programme, a finance ministry spokeswoman said on Wednesday, rejecting a newspaper report that Berlin was preparing for a deal without the global lender.

Berenberg Secures USD 500 Mn for Shipping Loans

Hamburg-based banking company Joh. Berenberg, Gossler & Co. (Berenberg Bank) has secured some USD 500 million in private equity funding which would be invested in shipping loans, Bloomberg reports.