Hugo stinnes schiffahrt
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| GmbH (Limited Liability Company) |
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| Founded | 1920 |
| Headquarters | , Germany |
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Key people
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Mr. Jens Kroczek |
| Products | Shipping |
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Number of employees
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15 |
| Website | http://www.stinnes-linien.de |
Hugo Stinnes Schiffahrt GmbH is a shipping company based in , Germany which specializes in container service between Germany and South Africa, and in transporting cargo between Northern Europe, the Caribbean and Mexico. It was part of the former conglomerate Hugo Stinnes GmbH.
In 1808, Mathias Stinnes founded a company for shipping and coal trading, the activities focused on the rivers Rhine and Ruhr. Mathias Stinnes’ grandson Hugo Stinnes founded the company “Hugo Stinnes GmbH” in 1907 with the purpose of coastal coal trade, marine cargo handling and shipping. In 1917, Hugo Stinnes founded the Stock Corporation for Maritime Shipping and Overseas Trade in Hamburg, containing among others the companies of Mathias Stinnes and Hugo Stinnes. Ever since, this company was the corporate center for all of Stinnes’ interests in shipping and overseas trade. After a failed attempt to gain influence in the established shipping companies by acquisition of shares, Hugo Stinnes entered in 1920 into direct competition with the three main shipping companies HAPAG, Norddeutscher Lloyd and Hamburg Sued. In 1921, Stinnes took share in the Ozean-Linie, founded in 1908 by the H. Schuldt group of shipping companies. The Ozean-Linie operated a liner service between the Continent and Cuba/Mexico. Until the death of Hugo Stinnes in 1924, more than 30 ships sailed - in co-operation with smaller shipping companies - under Stinnes flag mainly to Central- and South America and to East Asia.
The Hugo Stinnes Corporation was founded in 1926 in order to raise American capital. Most of the Stinnes family’s considerable assets were ceded to this company. In 1941, the Stinnes family’s share in the Hugo Stinnes Corporation was considered enemy capital and confiscated by the U.S.A. The Hugo Stinnes Corporation was auctioned and continued business in New York under the name of Hugo Stinnes Industries Inc. Kept out of Hugo Stinnes Industries due to American restrictions, the Stinnes family got into business for themselves in 1948. In 1950, Cläre Stinnes, widow of the founder Hugo Stinnes, and the sons Hugo and Otto Stinnes founded the “Hugo Stinnes Fuel,- Iron- and Shipping Company, branch office Duisburg-Ruhrort”. Soon, Otto Stinnes relocated to Hamburg and assumed the management of the Stinnes fleet under the company name Hugo Stinnes, branch office Hamburg.
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