Container Crisis German Shipping Faces Wave of Financing Problems

As recently as 2008, container ships were transporting record amounts of products across the world's oceans. Now, many German shipping companies are struggling to pay for the vessels they ordered during the boom. Their banks could be in trouble, too.
Von Beat Balzli und Wolfgang Reuter
Photo Gallery: Stormy Waters for German Shipping
Foto: epa Yna/ picture-alliance/ dpa
Fotostrecke

Photo Gallery: Stormy Waters for German Shipping

Translated from the German by Christopher Sultan