Our History

Salamon AG was founded in 2002 by Christian Salamon, who previously worked for a Dortmund-based initiator of real estate funds and ship investments for 9 years. The company was very successful right from the start: The first ship was already a large Suezmax class tanker with an investment volume of over 60 million dollars. With a sense of proportion, courage, good advisors, restraint and perseverance, times were sometimes very difficult for the shipping industry. This also included, and time and again, the willingness to provide financial support to one's own fund companies. Of the more than 50 KG ship fund initiators in 2008, only a good handful remain. Today Salamon AG is one of the very few maritime asset management companies in Germany that has successfully mastered the large and long-lasting shipping crisis since 2008.

Milestones

  • 2002

    Foundation of Salamon AG, Initial investment 60.3 million Euro (Suezmax tanker Oliver Jacob

  • 2003

    First Aframax tanker (MT Iblea, Namura, 2003, 10 years TC to Augustea, Naples)
    First VLCC (MT Meridian Lion, Hyundai 1997) from OSG, New York, incl. Sale and Lease Back

  • 2004

    First Panama tanker (MT Fedor, Hyundai 2003, 8 years TC to Glencore)
    First Bulker (Panamaxbulker MS Brunhilde Salamon)

  • 2005

    First container vessel (MS Cape Mondego)

  • 2007

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

  • 2008

    Newbuilding program of three Panamax tankers at New Times Shipyard, China. Investment volume over 175 million Euros.
    Investment Award (Scope Award "Best Bulker Issuing House").

  • 2010

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

  • 2012

    Investment Award (Scope Award "Special Award for Fairness" and crisis management)
    Acquisition of the first series of rolling stock wagons
    First SAG vessel becomes a member of the Navig8 pool, London

  • 2013

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

  • 2014

    First own vessel in the Salamon fleet (Panama tanker MT Cape Tampa)

  • 2016

    Acquisition of the first container vessel fully owned by Salamon (MS SAG Good Timing, built 2009).

  • 2019

    Acquisition of all container carrying wagons from private investors into Salamon Railway's own fleet.

  • 2020

    Best year for Salamon tanker fleet. Despite Corona crisis, pay outs of up to 20% are made.

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