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Tuesday, 10 September 2013

German Emder Reederei A.G. in financial problems according to the Dutch newspaper Algemeen Handelsblad dated 3 July 1925

An item reported that the shipping Emder Reederei A.G. of Hamburg, Germany was in serious troubles and now under surveillance. Still her ships were not to be sold. Her problems were caused for instance by the lower freight rates on the La Plata market.