Germany’s H Schepers Bereederungs is shutting up shop as it closes in on a deal to sell its last containership, with no plans to reinvest.
Managing partner Harald Spoede confirmed that the Elsfleth-based company is negotiating to sell the 2,546-teu Maria-Katharina S (built 2010), after which it will close down.
That would mark the end of the family-run shipping firm, which was founded 51 years ago by the late Heinrich Schepers.