ENDE

1995 / 1996 START
Established as a cargo operator
• Registered office: Hanseatic City of Bremen
• Acquired cargo on the market and matched it to vessels
• Chartered vessels on own behalf
• Operated on the international market
• Focused on project and heavy-lift cargoes

1997 / 1998 FIRST STEPS
Initial acquisition of own vessels (second-hand)
• MV “Beluga Performer”, a multipurpose heavy-lift project carrier
• MV “Beluga Obsession”, a multipurpose heavy-lift project carrier
• MV “Emil Nolde”, a multipurpose heavy-lift project carrier
Designed the first four multipurpose heavy-lift project carriers built for the company
• 240 metric tons combined lifting capacity
• Built in China under German supervision
• German “insides” (equipment)

1999 CASTING OFF
Delivery of the first newly-built vessels
• MV “Werder Bremen”, a special container feeder vessel
• Highest ice class (E3)
• Open-hatch system
Container feeding as our core business (know-how & strength) 
• ¼ of business activity in the container feeder market
Additional units entering service
• MV “Beluga Impression”, a multipurpose heavy-lift project carrier
• MV “Beluga Advertising”, a multipurpose heavy-lift project carrier
Further expansion of the chartering department

2000 UPWIND
Delivery of the four newly-built vessels from China - fleet expansion
• Multipurpose heavy-lift project carriers
• Each with 240 metric tons combined lifting capacity
Intensification of chartering activities

2001 NEW WATERS
Market entry in international waters
• Establishment of “Beluga Projects do Brasil Ltda.” in São Paulo
• Establishment of branch office in Singapore
Preparation/planning and development of next-generation heavy-lift vessels
• Designed the Beluga “R” Series and the Beluga “C” Series
• Tailor-made design to meet specific customer requirements
Purchase of two multipurpose heavy-lift project carriers (11,000 tdw)
• MV “Beluga Inspiration”, a multipurpose heavy-lift project carrier
• MV “Beluga Independence”, a multipurpose heavy-lift project carrier
• Each with 300 metric tons combined lifting capacity
 

2002 WEIGHING ANCHOR
Ordered heavy-lift newly-built vessels from Volharding Shipyards, Netherlands
• Four R-Series units (500 metric tons combined lifting capacity)
• Two C-Series units (480-metric tons combined lifting capacity)
Ordering container feeder units (900 TEUs) from Volharding Shipyards
• Expanded the Chartering Department
• Launched a sales force, with the aim of reinforcing sales activities
Intensification of Beluga Group training activities (since 1999)
• Partnership agreement with Fachhochschule Oldenburg/Ostfriesland/
Wilhelmshaven, Faculty of Shipping in Elsfleth
• Began supporting of on-board nautical training (practical term)

2003 THREE-QUARTER SPEED
Acquisition of the GenChart shipping company, Rotterdam
• Suggestion by the Netherlands Investment Bank: after successful project planning, takeover of shipping company
• Expansion of fleet with eight multipurpose heavy-lift project carriers (17,000 tdw)
• Takeover of entire workforce (35 employees)
Integration into the Beluga Group (branch in Rotterdam as Beluga GenChart)
• Know-how transfer (GenChart workforce: ex-employees of
Jumbo & Big Lift) in segment for project and heavy-lift cargo, integrated into Group
Expansion of activities in Asia (chartering and sales)
• Establishment of Beluga Shipping China Ltd. in Beijing (subsidiary)
• Implementation of the “direct approach” strategy
Delivery of the MV “Beluga Seduction” container feeder vessel (750 TEUs)

2004 FULL AHEAD
Acquisition of 10 new building contracts (China) for multipurpose heavy-lift project carriers (12,000 tdw) in response to offer from Nord LB bank in late 2003 (“rescue” for the Krey shipping company, which had run into difficulties)
Ordering of the newly-built carriers after design modifications (on-board crane equipment)
Delivery of the first multipurpose heavy-lift project carriers from China
• MS “Beluga Elegance”
• MS “Beluga Efficiency”
• MS “Beluga Emotion”
• MS “Beluga Eternity
• MS “Beluga Endeavour”
• MS “Beluga Enterprise”
• MS “Beluga Sensation” (750 TEUs)
• MS “Beluga Stimulation” (750 TEUs)
Purchase of two multipurpose heavy-lift project carriers
• MV “Beluga Intonation”
• MV “Beluga Indication”
• Each with 300 metric tons combined lifting capacity
• 11,000 tdw each 
Preparations for entering the US market (Houston, Texas)
• Created an international network (global sales force)
• Enhanced market presence
• Focused on customers with “direct approach” strategy
Preparations for founding the Beluga Group Sea Academy
• Professionalising and expansion of vocational training activities
• Concept for customised (on-board) training
• Pilot project carried out with the Faculty of Shipping, Elsfleth
Preparation of organisational development at the headquarters in Bremen
• Strengthened infrastructure
• Intensified employee training
• Strengthened market position (for future growth and fleet expansion)

2005 TAILWIND
Delivery of newly-built carriers by Volharding (R-Series)
• MV “Beluga Revolution”, a multipurpose heavy-lift project carrier
• MV “Beluga Resolution”, a multipurpose heavy-lift project carrier
• MV “Beluga Recommendation”, a multipurpose heavy-lift project carrier
• MV “Beluga Recognition”, a multipurpose heavy-lift project carrier
• Integration of training vessels (extra training deck) into fleet

Founding of the Beluga Group Sea Academy
Opening of Beluga Shipping (America) Corporation in Houston, Texas
Opening of Beluga Shipping China Ltd. in Shanghai
Orders placed for more new vessels (multipurpose heavy-lift project carriers)
• Next-generation heavy-lift vessels
• Preparation for a series of vessels each with 1400 metric tons combined lifting capacity

2006 NAVIGATION
Delivery of newly-built vessels by Volharding (C-Series)
• MV “Beluga Constitution”, a multipurpose heavy-lift project carrier
• MV “Beluga Constellation”, a multipurpose heavy-lift project carrier
• Integration of training vessels (extra training deck) into fleet
Delivery of additional multipurpose heavy-lift project carriers (12,000 tdw)
• MV “Beluga Federation”
• MV “Beluga Foundation”
• MV “Beluga Fusion”
Delivery of three container feeder vessels
• MV “Beluga Mastery” (900 TEUs)
• MV “Beluga Majesty” (900 TEUs)
• MV “Beluga Motivation” (900 TEUs)
“Beluga 2010” strategic plan
• Preparations for delivery of additional newly-built vessels (fleet)
• Planning further expansion of the Group
• Organisational development / infrastructure
• Sales strategies
Planning and beginning of construction of a new building at the headquarters in Bremen and owned by the company
Preparations for entering the Indian and Japanese market

2007 LIGHTHOUSES
Delivery of the Beluga Group F-Series vessels
• 14 multipurpose heavy-lift project carriers (12,000 tdw)
Delivery of the Beluga Group N-Series vessels
• three multipurpose heavy-lift project carriers (10,000 tdw)
Delivery of additional Beluga Group M-Series units
• five container feeder vessels (900 TEUs), one of them delivered in 2007
Laying the foundationstone for the Center of shipping mechanics on Maritimer Campus Elsfleth
Christening of MV “Beluga SkySails”: First freight carrier newbuilding in the world with innovative auxiliary propulsion system reduces fuel consumption and emissions significantly

2008 NEW TERR
ITORY
Delivery of the Beluga Group F-Series vessels (additional units)
• six multipurpose heavy-lift project carriers (12,000 tdw)
Delivery of first units in the Beluga Group G-Series
• two multipurpose heavy-lift project carriers (18,000 tdw)
Completion of the company’s own “Beluga Tower” building

Bremen and Beluga Flag
RTGs on MV "Beluga Evaluation"
MV "Werder Bremen"
MV "Beluga Revolution" with cadets
MV "Beluga Revolution"
MV "Beluga Resolution"
Beluga vessel
MV "Beluga SkySails"
Beluga crew
Port of Shanghai
Wind energy cargo
New Beluga building
Project cargo on MV "Beluga Enterprise"
Lengthening of I-Series
Cadets on board
Christening of MV "Beluga SkySails"