Beluga Shipping
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| Founded | December 1995 in Bremen, Germany |
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| Founder | Niels Stolberg |
Beluga Shipping was a German heavy-lift shipping company in the Hanseatic city of Bremen. It was a world market leader in heavy-lift shipping and also highly innovative in related fields. As such, it was the first to equip ships of its fleet with SkySails that can reduce fuel consumption by up to 5%, and was the first company to send a heavy-lift ship from Europe to Asia along the Northern Sea Route through the Arctic Ocean rather than through the Suez Canal. The company was declared insolvent in March 2011, affecting 670 employees.
Beluga Shipping was founded in [Bremen] in December 1995 by entrepreneur Niels Stolberg, initially as a cargo operator. In 1998, the company acquired its first vessel, the multipurpose heavy-lift carrier MV Beluga Obsession. In 1999, the company built its first new vessel, the MV Werder Bremen. Beluga Shipping grew significantly during the following years. By May 2010, 69 multipurpose heavy-lift carriers were in service for the company, with crane capacities reaching 1,400 tons in tandem usage (P-series). The fleet further increased to 70 units by end of 2010. The company offered trade lane management but concentrated on tramp shipping, meaning each transport was organised individually according to the requirements of the cargo and the port of loading and destination.
Since 2001, Beluga Shipping expanded its global network. By March 2009, the company ran twelve branch offices on five continents: Rotterdam, The Netherlands; London, United Kingdom; Stavanger, Norway; Moscow, Russia; Mumbai, India; Shanghai and Beijing, China; Tokyo, Japan; Singapore; Sydney, Australia; São Paulo, Brazil and Houston, United States. On the so-called Teerhof close to the Weser River in Bremen the new headquarters of the company was inaugurated in June 2009.
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