Website traffic statistics
Pages viewed and unique visitors to WCN Online
Month/
year
Page
views
Unique
visitors
Dec '17805,27831,110
Nov '17806,48132,160
Oct '17733,01434,345
Sep '17685,28725,490
Aug '17947,20130,169
Jul '17688,12024,645
Jun '17710,85423,452
May '17809,49122,808
Apr '17600,63723,897
Mar '17664,10026,870
Feb '17511,81924,889
Jan '17597,53831,368
Dec '16692,56026,566
Nov '16672,32528,904
Oct '16558,87820,127
Sep '16528,03820,578
Aug '16482,16818,484
Jul '16461,78816,728
Jun '16452,25720,350
May '16522,07718,502
Apr '16433,09116,773
Mar '16454,71616,488
Feb '16479,59014,371
Jan '16529,85415,815
Dec '15492,60218,837
Nov '15353,00820,085
Oct '15417,35713,005
Sep '15355,91215,297
Aug '15411,40314,704
Jul '15354,72013,342
Jun '15417,67319,164
May '15580,07721,606
Apr '15376,62021,696
Mar '15339,35123,090
Feb '15332,08421,684
Jan '15322,89225,157
Dec '14356,31821,346
Nov '14366,08923,187
Oct '14357,83324,423
Sep '14401,28320,054
Aug '14372,89715,248
Jul '14358,38815,902
Jun '14320,07316,212
May '14388,06821,008
Apr '14341,87020,693
Mar '14313,31919,996
Feb '14271,67916,435
Jan '14200,47419,854
Dec '1393,03315,996
Nov '1392,26117,397
Oct '1389,71817,456
Sep '1394,33018,762
Aug '13102,80416,609
Jul '1382,65216,167
Jun '1388,37417,497
May '13104,17220,211
Apr '1397,46219,191
Mar '13115,84721,047
Feb '13102,19020,176
Jan '13120,44421,077
Dec '12110,79719,692
Nov '12103,45821,428
Oct '1290,41919,012
Sep '1299,50420,003
Aug '12111,41120,782
Jul '12110,15420,259
Jun '12106,61220,830
May '12120,22120,940
Apr '1280,45617,069
Mar '12103,54521,411
Feb '1293,23421,162
Jan '1285,53419,807
Dec '1182,36615,345
Nov '1181,83620,021
Oct '1179,78019,855
Sep '1162,05814,726
Aug '1155,77813,859
Jul '1166,33614,504
Jun '1180,32018,321
May '1184,29219,675
Apr '11194,02719,022
Mar '11127,03417,375
Feb '1165,99614,928
Jan '1167,05315,578

WorldCargo News the world's leading resource for international cargo professionals
CLICK HERE for our FREE weekly eNewsletter
Search: 

Published: 6 March 2009      

New management at J J Sietas

Management of J J Sietas, the Hamburg-based shipbuilder, has passed out of the hands of the Sietas family for the first time since the company was founded in 1653

For more than 360 years a member of the Sietas family has run the show at the company. However, faced with a very difficult financial position, Hinrich J Sietas has had to hand over the management to Rüdiger Wolf and Rüdiger Fuchs.

They will try to rescue the yard from insolvency and HSH Nordbank will provide financial support. Fuchs is a former Airbus manager and plans to develop new ships types and cut delivery times.

During the summer of 2008 J J Seitas’ had an order book worth more than €1B, but some big orders were cancelled – notably a new series for SAL to be equipped with 1000t deck cranes – and the current order book stands at around €375M.

It is possible that Sietas has been hit by problems in the German KG ship financing systems and the shortage of credit available to ship investors.

One to watch out for is whether the new management try to dispose of Sietas’ NMF crane affiliate. NMF has electro-hydraulic deck cranes of up to 1000t in its range and could be attractive to other deck crane manufacturers such as MacGregor or Liebherr, or possibly even Huisman-Itrec as it would then be able to extend its shipboard crane range.

Meanwhile the situation of the shipyards in Wismar and Rostock has improved. The federal government has given a guarantee for €180M credit for them. Wadan shipyard is now able to complete its orders, solicit new busness, particularly from the Russian market, and develop new business fields, said Jürgen Seidel, minister for economics of the German state of Mecklenburg-Vorpommern.



To find out more about WorldCargo News:
  • Click here to order a back issue
  • Click here to subscribe to WorldCargo News
  • Click here for a sample back-issue of WorldCargo News
  • Read related items
    Click on the links below to read other news and features related to this item.
  • Europe) Germany) Germany Financial - companies
  • Europe) Germany) Germany shipping
  • J J Sietas
  • J J Sietas Werft
  • NMF
  • J J Sietas
  • Shipboard cranes
  • Shipbuilders and shipyards


  • All contents © WCN Publishing, 24 Bridge Street, Leatherhead, Surrey KT22 8BX, England.