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Frachtkontor Junge (German Shipping Company)

Frachtkontor Junge & Co GmbH

[Frachtcontor Junge & Co. (Shipping Company, Germany)]

image by Jorge Candeias, 2 Feb 1999

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Introduction

Frachtkontor Junge & Co GmbH
At the beginning of the 20th century a group of important German ship owners, among those HAPAG, Norddeutscher Lloyd and Rob. M. Sloman jr. established the Deutsche Kohlen Depot (German coal depot), in order to transport coal to overseas depots and to supply German steamships with coal around the world. This company established the Frachtkontor Gesellschaft mbH on 7 April 1905.
Accompanied by several mining companies Frachtkontor established Seereederei “Frigga” in 1920, holding 25%+ of the total shares. Frachtkontor became exclusive agent of “Frigga”.
In the same year Poseidon Schiffahrt KG is established together with Hugo Stinnes.
1922 the company gains the exclusive right to act as a chartering and transport agent for important Scandinavian iron and steelworks.
In 1942 Erwin Junge became Managing Director, the company changed and renamed itself as Frachtkontor Junge & co.
In 1965 the company sold its shares of “Frigga”.
In 1972 the Stinnes Group, owner of Poseidon, acquires 50% of the company. The chartering departments of Poseidon and Frachtkontor merged. In the same year a tanker department was started, an agency department two years later.
In 1993 Frachtkontor acquires 100% of Poseidon, in 1996 Stinnes AG becomes the only shareholder of Frachtkontor.
In 2000 Frachtkontor’s business structure was changed and the company was renamed as Frachtkontor Junge & Co GmbH.
In 2008 the tanker department merged with Tanker Broker team of John T. Essberger GmbH & Co KG, establishing the Frachtkontor-Essberger Tanker Brokers GmbH & Co KG (FET).
Klaus-Michael Schneider, 7 Apr 2009

Frachtkontor Junge

Frachtkontor Junge & Co. - A red flag, on its centre a small white lozenge bearing two black crossed mining (?) tools.
Santiago Dotor, 10 May 2005

Frachtkontor Junge (variant)

image by Klaus-Michael Schneider, 7 Apr 2009

Description of flag: It is a red flag with a white diamond in its centre, containing black hammer and mallet, the symbols of mining, pointing out the origin as a coal depot company.
For further information click here.
Source: I spotted an image of this flag, together with the web address in HH-St.Georg on 30 March 2009.
Klaus-Michael Schneider, 7 Apr 2009