Northern Promotion: fast containership escapes

"A day of repairs!" wrote Navigator Wulf F. Mehner


Ship Name: NORTHERN PROMOTION
IMO: 9467043
MMSI: 636091834
Callsign: A8TL5
Flag: Liberia

Category: Cargo
Beam: 30
Length: 264
Draught: 13.9

The North German investment - in 1975 - is one of the oldest and most experienced investment banking firms in Germany. We design high-yield investments in the fields of maritime and commercial properties with an exemplary performance record.
Schiffsfonds Ship Fund

A must for the portfolio

Shipping is a highly specialized industry with a long tradition and high growth potential. From cars to almost all rum is transported by sea -% of all goods shipments go by sea. 97 investments of private investors in this exciting sector of the economy have in the past proved successful investments already. The ship's participation as a form of financing and capital investment continues to have great significance.It offers - compared to other asset classes - higher than average return potential and has today more than ever a chance / manageable.

How does a ship investment?
This offers investors the option of participation in a ship, to the very good return on investment of shipping chances to participate as co-entrepreneurs.

Such investments are Entrepreneurial Investments - designed as a closed fund.. In contrast to mutual fund investment is fixed.. If the required capital raised, the fund will be closed and operational phases of the company begins.

The investment property is clearly defined.. Investors do not invest in an anonymous construct, but are co-owners of a particular investment object. . In the case of a closed-end ship funds, this is a tanker, bulker or container ship. . Thus, the investor-owner of a shipping company.

For the shipping company KG is the legal form of GmbH & Co. established in the market.. The investor participates in the control of a trust fund as a limited partner in this society and adheres so only with his investment. The shipping company has a ship purchased in advance or the new development in a given order. . After delivery of the ship is that the international shipping market used to. . The purchase price of the vessel, a commercial bank loan and equity financing to the investor.From the income of the shipping company payments are the interest and principal payments, operating costs and the capital served on.

In addition to the payments during the operational phase and the proceeds from the sale of the ship have a special tax breaks for shipping to the above-average returns with it.. This tonnage tax is especially mentioned, the context of European harmonization in 1999 in Germany was introduced year. . Their particular advantage is that during the term of the shipping investment of investors, only a very small tax burden of the ship has to carry out the operation, regardless of how the economic success of the investment company presents itself.

The fund concept is basically a medium-to long-term oriented investment payout created.. The investment offer is aimed at investors who are investing in the fund amount for the term does not need to rely on the.

Real Estate Fund

In the real estate business has € the North German investment so far 42 closed-end funds with a total investment of 488 million and total equity of € 213 million and designed to banks, savings and investment advisors placed at the capital market. Already 33 of these funds were largely objects very good results for investors to sell. see Northern Valour

Northern Valour: Bernd Kortum's Boxship escapes

Bernd Kortum’s Julie Marie


Oma Kortum & Bernd

NORTHERN VALOUR : two skiffs approached to within 200 metres, the vessel’s master increased speed to 21 knots, mustered all non essential personnel in a safe room and activated self-protection measures.

The skiffs, outpaced by the vessel’s speed, eventually abandoned their attack.
Ship Name: NORTHERN VALOUR
IMO: 9122411
MMSI: 304376000
Callsign: V2GR
Flag: Antigua and Barbuda

Category: Cargo
Beam: 32
Length: 196
Draught: 7.2


RKS: Reederei Karl Schlüter (Karl Schlüter ShippingCompany = RKS)
RKS is an entity of Norddeutsche Vermögen Group of Companies, Hamburg.

The fleet consists of 22 container ships carrying 1700 to 5 000 TEU and are chartered to leading international shipping lines. As marine managers, RKS ranks among the leading contracting parties for shipping companies and their private investors, banks and charterers. RKS initiate the building of new ships and manage supervision at shipyards in Europe, Korea, and China, liaising with government agencies and classification societies in preparation for the ships' service flying under German or other flags. Tradition, close liaison with our business associates, and a high standard of quality are our guiding principles.

Our qualified staff and trainees take care of:

* crew and equipment
* insurance
* Technische Inspektion
* operating
* financing and accounting
* regular reports to the ships' owners
* and maintain good working relations with the charter companies.

About 500 German, Croat, Ukrainian and Philippine members of crew sail on RKS vessels. Karl Schlüter GmbH & Co. KG operate a management system synonymous with quality, safety and environmental protection that is certified by the Germanischer Lloyd classification society.





Behind the 33-year success story of the group North German assets is the entrepreneurial involvement of the owner and manager of the holding company, Dr. Bernd Kortum. With a good understanding of economic opportunities and innovations from the Dr. has founded in 1975 underwriter of a broad-based shipping investment group created Kortum.. Basis of constant growth and sustainable business secret of success was and is the clear commitment to the development of professional skills in-house.. Thus, we ensure that products and services to the high quality requirements of the North German assets in accordance with all. Dies ist unsere Tradition. This is our tradition.. And our commitment to the future.