Our company history

Salamon AG was founded in 2002 by Christian Salamon, who had previously worked for nine years for a Dortmund-based initiator of real estate funds and ship investments. The company was very successful from the outset: its first ship was a large Suezmax-class tanker with an investment volume of over 60 million US dollars. With sound judgement, courage, good advisors, restraint and perseverance, the company navigated through what were at times very difficult times for the shipping industry. This included a willingness to provide financial support to its own fund companies on several occasions. Of the more than 50 KG shipping fund initiators in 2008, only a few remain. Today, Salamon AG is one of the few maritime asset management companies in Germany that has successfully weathered the major and ongoing shipping crisis since 2008.

• 2002

  Founding of Salamon AG, initial investment of €60.3 million (Suezmax tanker Oliver Jacob).

• 2003

  First Aframax tanker (MT Iblea, Namura, 2003, 10-year TC to Augustea, Naples). First VLCC (MT Meridian Lion, Hyundai 1997) from OSG, New York, including sales and lease back.

• 2004

  First Panamax tanker (MT Fedor, Hyundai 2003, 8 years TC to Glencore). First fund with ‘turbo repayment’ (MS Brunhilde Salamon).

• 2005

  First container ship (MS Cape Mondego).

• 2007

  First bulk carrier (MS SAG Bulk Australia). Secondary market fund Best Ship Select I. First newbuild project (4 + 2 Caper, Orient Shipyard, Korea). Contract volume over $370 million.

• 2008

  New tanker construction programme: Three Panamax tankers/LR 1 at New Times Shipyard, China. Investment volume over €175 million. Scope Award for ‘Best Issuing House for Bulkers’

• 2010

  Acquisition of the first caper (MS Pacific Queen). First real estate project (Hangar 16, Hanover Airport).

• 2012

  Scope Award ‘Special Prize for Fairness’ and crisis management. Acquisition of the first series of FCS freight wagons. First SAG ship becomes a member of the Navig8 pool, London.

• 2013

  SAG tanker MT Fedor becomes one of the first partners in the newly founded Penfield Panamax Pool.

• 2014

  First own ship in the Salamon fleet (Panamax tanker MT Cape Tampa).

• 2016

  Acquisition of the first own container ship (MS SAG Good Timing).

• 2019

  Transfer of all leased SGGRSS container wagons to Salamon Railway's own fleet.

• 2020

  Best year ever for the tankers in the Salamon fleet. Despite the coronavirus crisis, payouts of up to 20% are being made.