Der deutschen Schifffahrt droht eine Insolvenzwelle

摘要

Schiffsinvestoren und Reedereien müssen sich weiter auf schwierige Zeiten einstellen. Auch im bald beginnenden fünften Jahr der Krise ist Besserung nicht in Sicht. Experten rechnen damit, dass die Branche erst Anfang bis Mitte 2014 die Talsohle durchschritten haben wird. Weder Anleger noch Reeder oder Emissionsh?user h?tten jetzt noch die Mittel, um weitere Restrukturierungen zu finanzieren, lautete das Fazit des diesj?hrigen HANSA-Forums Schiffsfinanzierung am 15. November in Hamburg.%Experts and many of the 650 participants of the 16. HANSA-Forum on Ship Financing predict the shipping industry might only break the downward trend in twelve to eighteen months. Given continuously unprofitable charter rates, falling vessel value and rising operating costs, even more bankruptcies are expected in 2013. As another result it was stated that corporates or the creation of cooperatives have failed to overcome the crisis-related problems, yet. The once popular German KG scheme, however, may be remodelled. Single KG companies could be merged into ?Master KGs?, as an example from Dutch JR Shipping showed at the Forum. In that case, burden of interest and repayments stay at a low level. Nevertheless, such consolidation remains difficult due to reduced cashflow. So, self-administrated insolvency may prove the only solution for companies which will have to plan for insolvency management.