Hamburg, 24 March 2022 - The Ernst Russ Group ends the 2021 financial year with a positive overall result. The group of companies, which operates internationally as a ship-owner and maritime investment manager, benefits in a pleasing market environment through successful investments and a sustainable employment concept for its fleet. The Ernst Ru [ … ]

Hamburg, 18/01/2022 - As announced, Ernst Russ AG expanded its fleet of fully consolidated vessels by twelve container vessels at the turn of the year. The completion of this transaction was followed today by the successful sale and handover of the 801 TEU container vessel MS DANCE. On 31 December 2021, Ernst Russ AG acquired a further 10% of the  [ … ]

Hamburg, 25 November 2021- The assets, financial position and earnings of the Ernst Russ Group showed positive trends in Q3 2021 as in the previous quarters. Ernst Russ AG is clearly benefiting from high capacity utilisation and increased charter rates. Ernst Russ AG recorded a sharp increase in net profits in the first nine months of 2021. Strong [ … ]

Hamburg, 6 September 2021 - Ernst Russ AG has today published its business figures for the first six months of 2021. Due to the investments made in the past and the employment concept of its fleet, which is geared towards securing revenues on a sustainable and long-term basis, the Group is benefiting from very positive trends in the international  [ … ]

Hamburg, 26 August 2021 - A subsidiary of Ernst Russ AG acquired a 2010 built container vessel with a total capacity of around 1,300 TEU from EF Eliza Ltd., a wholly owned subsidiary of ElbFeeder Inc. Ernst Russ AG is holding a majority share in ElbFeeder Inc. of around 52%. The icelandic shipping company Eimskip has a stake of around 48% in the  [ … ]

Hamburg, 28 May 2021 - The assets, financial position and earnings of the Ernst Russ Group showed positive trends in Q1 2021. Ernst Russ AG can look back on a successful start to the year in spite of the spread of the COVID-19 pandemic and difficult trading and logistics conditions. As an internationally operating shipping company and maritime inv [ … ]

Hamburg, 14 September 2020: Ernst Russ AG finished the first half of 2020, which was marked by the spread and consequence of the COVID-19 pandemic, with a positive result. The Group's assets, financial position and earnings showed positive development in the first half of 2020 compared with the same period in the previous year. The Group's operati [ … ]