t the beginning of July, the Swedish flag replaced the German flag on “Mecklenburg-Western Pomerania” and it marked the end of the 118 years old German rail shipping. The Swedish shipping company Stena Line has completed its restructuring of the German ferry business and the maritime industry of Mecklenburg-Western Pomerania will bear the bitterness of it.

Stena Line GmbH has shifted its headquarter from Rostock to Hamburg as the management considers Hamburg to be more central than Rostock in terms of their business and logistic activities. It is expected that the company will be shedding its human resources too. In spring 2020 there were 300 employees working with the company in Mecklenburg-Western Pomerania out of which only 25-35 are expected to be retained.

The job-loss story started in April 2020 when Stena Line suddenly closed the traditional route of SASSNITZ-Trelleborg which led to dozens of crew members losing their jobs. For more details, please read an article on our blog about the “Königslinie”, the oldest German ferry line connecting SASSNITZ and Trelleborg which was closed in 2020.

 

SOURCE READ THE FULL ARTICLE

https://www.fleetmon.com/maritime-news/2021/34513/stena-line-germany-completes-its-restructuring-ger/