Bernhard Schulte Shipmanagement
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Bernhard Schulte Shipmanagement, a part of the Schulte Group, is a shipping company based in Hamburg, Germany.
History[edit]
The parent company emerged from the shipping company Schulte & Bruns. Bernhard Schulte left the aforementioned company and founded his own shipping company in Hamburg on 1 October 1955. At first he concentrated on short-term contracts and was able to build up his fleet quickly in the wake of the Suez Crisis. Between 1957 and 1967, thirteen different new ships were acquired, half of which were owned by the shipping company and the other half were acquired in partnership with companies.
In 1963, Heinrich Schulte joined the company, and Thomas Schulte followed in 1967, who set up the shipping company's own chartering department. In 1968, the shipping company took over its first gas tanker. In 1971, the flagging of ships to Liberia began. In 1972, Bernhard Schulte contributed 25% to the establishment of the Hanseatic Shipping Company in Limassol and was thus one of the first shipping companies with foreign ship management. The company's founder, Bernhard Schulte, died in 1975. From 1981 onwards, due to the shipping crisis in the 1980s, the number of ships decreased from 30 directly owned vessels and around 100 managed ships, down to 22 owned ships in 1987. After about twenty years, Thomas Schulte left the company to set up his own shipping company. From 1988 the shipping company concentrated on the full container ship sector and built up other ship management companies abroad. In 1996, the company entered the liner shipping business with the acquisition of the long-established Oldenburg Portuguese Line and was also got involved with the purchase of five used tanker ships to address product tanker shipping. In 2004 oil tankers and bulk carriers were also added.
In 2008 the company structure was delineated. The Schulte Group now comprised the shipping company Bernhard Schulte as the owner and shipping company of its own ships, the Bernhard Schulte Shipmanagement firm as a non-owned ship management company, the Oldenburg Portuguese line as an independent liner shipping company (to be sold off in six more years to French shipping group CMA CGM),[1] and the BS Treuhand as a trust company.
In 2011, the Schulte Group moved into a new shipping company building in Hamburg.
With the construction of two ships for the maintenance of offshore wind farms and the establishment of the subsidiary Bernhard Schulte Offshore GmbH, the Schulte Group entered the offshore segment in 2015.
At the end of 2016, Bernhard Schulte Shipmanagement (BSM) and Babcock International founded a 50/50 Joint Venture under the company Babcock Schulte Energy (BSE) to handle liquefied natural gas in bunker ships.[2] Its first ship, the Kairos, was put into service in October 2018.
In March 2019 it became known that the Schulte Group is withdrawing from the Venezuela business - which, according to its own information, has existed since 2003.[3] So far, the BSM has operated 13 tankers of the Venezuelan state oil company PDVSA via its Cypriot branch. As the sanctions imposed on Venezuela resulted in arrears of 15 million euros, the ships were arrested by creditors in foreign ports.[4]
On June 13, 2019 the tanker BSM Kokuka Courageous was about 25 kilometers off the coast during the Tensions in the Gulf of Oman of Iran in the Gulf of Oman attacked.[5][6]
In March 2021, the ship Ever Given, one of the largest container ships in the world, was being operated by Bernhard Schulte Shipmanagement when it ran aground in the Suez Canal, entirely blocking canal traffic. The ship remained stuck in place for six days, until it was extracted via an extensive dredging operation.
References[edit]
- ↑ OPDR to become part of CMA CGM Group
- ↑ Collaborators to Develop LNG Deliveries in North UK and North Sea, Eric Haun, Maritime Professional, 23 November 2016
- ↑ BSM Venezuela. bs-shipmanagement.com; accessed on March 15, 2019
- ↑ Heiner Schmidt: Hamburg shipowners no longer operate tankers for Venezuela. In: Hamburger Abendblatt, March 15, 2019.
- ↑ Leonidas Exuzidis and Christoph Schlautmann (2019-06-13). "attack on oil tankers significantly increased prices" (in Deutsch). Handelsblatt. Retrieved 2019-06-13.
- ↑ Gulf of Oman tanker attacks: Crews rescued amid rising tensions. BBC News, June 13, 2019.
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