Put companies on watchlist
Ernst Russ AG
ISIN: DE000A161077
WKN: A16107
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Ernst Russ AG · ISIN: DE000A161077 · EQS - Company News (44 News)
Country: Germany · Primary market: Germany · EQS NID: 1890541
26 April 2024 09:27AM

Sale of MV MOVEON


EQS-News: Ernst Russ AG / Key word(s): Disposal
Ernst Russ AG: Sale of MV MOVEON

26.04.2024 / 09:27 CET/CEST
The issuer is solely responsible for the content of this announcement.


Hamburg, 26 April 2024 - The Hamburg-based Ernst Russ Group sold the container feeder vessel MOVEON.

MV MOVEON has a slot capacity of 868 TEU, a length of 135 meters and a width of around 23 meters. The container feeder vessel was built in 2001 by the Hamburg shipyard J. J. Sietas KG Schiffswerft. The Ernst Russ Group has operated the vessel together with a joint venture partner since 2016. The transaction was completed with the handover of the vessel in Piraeus, Greece. The parties involved have agreed not to disclose the purchase price or any further details of the transaction.

The three-month report 2024 of Ernst Russ AG will be published on 27 May 2024. The Annual General Meeting 2024 will take place on 30 May 2024 in Hamburg.
 
About the Ernst Russ Group:
Ernst Russ AG is a publicly traded international ship owner and maritime investment manager based in Hamburg. Parts of the company’s history date back to 1893. Currently, the corporate group manages a fleet of 29 vessels, partially operated in collaboration with strategic partners. The focus is on container vessels ranging from 700 to 4,200 TEU, complemented by two larger container vessels with approximately 6,600 and 13,400 TEU, respectively, along with a Handysize bulker with 38,000 dwt and a multi-purpose vessel. Ernst Russ AG is continuously expanding its fleet, thus ensuring stable and sustainable value growth for shareholders.

 

Contact:
Ernst Russ AG
Anika Hillmer
Investor Relations
Tel. +49 40 88 88 1 1800
E-Mail: ir@ernst-russ.de


26.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Ernst Russ AG
Elbchaussee 370
22609 Hamburg
Germany
Phone: +49 (0)40 88881-0
Fax: +49 (0)40 88881-199
E-mail: ir@ernst-russ.de
Internet: www.ernst-russ.de
ISIN: DE000A161077
WKN: A16107
Listed: Regulated Unofficial Market in Berlin, Frankfurt (Scale), Hamburg, Tradegate Exchange
EQS News ID: 1890541

 
End of News EQS News Service

1890541  26.04.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1890541&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - Ernst Russ AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.