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Hansa Heavy Lift files for insolvency
Hansa Heavy Lift files for insolvency
Hamburg multipurpose and project shipping specialist succumbs to the heavylift downturn
- 10 Dec 2018
US owner of HHL says insolvency is because of ‘an extremely challenging operating environment in the global shipping industry’
Hamburg-based Hansa Heavy Lift operated vessels at the larger end of the heavylift spectrum, a part of the market that has been under intense rate pressure in recent years.
Source: Lloyd’s list