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Deep-water port ready for giant ships
ship

Deep-water port ready for giant ships

The first years proved a difficult start for Germany's only deep-water port, Wilhelmshaven's Jade-Weser-Port container hub, inaugurated in 2012. But now its operators are seeking to make it a top terminal for supersize ships.
Bundeswehr soldiers 'for hire as mercenaries'
Crime

Bundeswehr soldiers 'for hire as mercenaries'

German soldiers are moonlighting illegally at private security firms while off-duty, a newspaper revealed on Monday. Working as heavily armed guards on freighters or in war-zones, some do it for the cash and others for the adrenaline kick.
HSH Nordbank cuts loose bad shipping loans
maritime

HSH Nordbank cuts loose bad shipping loans

Troubled German regional bank HSH Nordbank has reached a deal with Greek shipping company Navios enabling the bank to cut its exposure to bad shipping loans in a deal it says could become a blueprint for the industry.
German Patriot missiles impounded in Finland
Military

German Patriot missiles impounded in Finland

Finnish customs authorities have impounded 69 Patriot missiles and 150 tons of explosives from a ship loaded in Germany and bound for China. German officials say the shipment was a legal sale to South Korea, but the ship was not licensed for the cargo.