Latest news from Heavy Lift & Project Forwarding International Magazine

Stolberg hires new representation

Reports in the German media indicate that Niels Stolberg, former chief executive of Beluga Shipping, has hired a new lawyer in an attempt to avoid his 42-month prison sentence.

As HLPFI reported here, Stolberg was sentenced in March by the Bremen district court for credit fraud and the falsification of business records. Three other defendants from the management of the now defunct Beluga Shipping had received suspended sentences.

Stolberg launched an appeal against the sentence handed to him by the Bremen district court shortly after. Now, the ex-Beluga chief has hired Gerhard Strate.

According to media reports, Strate specialises in difficult cases and will challenge the court’s decision, arguing that Oaktree was an investor in Belgua Shipping, rather than a lender, which would therefore make the claims of credit fraud invalid. Reports suggest that Strate will also be questioning whether there was an adequate assessment that the investor had suffered any damages.

Bremen state prosecutors have also appealed against the sentence, having demanded a sentence of four-and-a-half years.

Heavy Lift | News

Ceva launches BRI block train thumbnail image

Ceva launches BRI block train

April 22 - Ceva Logistics North Asia has launched a block train service from China to Europe as the company looks to tap into the potential of the Belt and Road Initiative (BRI).
Views: 265
Crowley promotes Sandra Goranovic thumbnail image

Crowley promotes Sandra Goranovic

April 22 - Crowley Maritime has appointed Sandra Goranovic as vice president of finance and accounting for the Crowley Shipping business unit.
Views: 277
Big Bend Channel expanded thumbnail image

Big Bend Channel expanded

April 22 - Port Tampa Bay in Florida has completed the USD63 million expansion of the Big Bend Channel, one year ahead of schedule.
Views: 342
Penman joins Malin React thumbnail image

Penman joins Malin React

April 22 - Malin Group has named Graham Penman as business unit manager of its recently launched Malin React division.
Views: 1776

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.