Shipping industry veteran Heinrich Schulte passes away

Heinrich Schulte, the long-standing chairman of the Schulte Group, has passed away, aged 90.

Heinrich Schulte was born in Hamburg, but with family roots in Papenburg and Emden. He joined his father’s shipping company, Bernhard Schulte, in 1963. He expanded the company into a diversified global maritime group.

In addition to the shipowning business, which today comprises around 80 owned vessels, the Schulte Group also includes maritime service entities such as Bernhard Schulte Shipmanagement, with a fleet of 670 managed ships and 30 locations worldwide.

He was one of the pioneers in gas tanker ship management for the transport of LPG and LNG. He also recognised the potential of offshore wind vessels at an early stage and supported the development of a specialised offshore wind fleet.

After handing over active management responsibilities to Ian Beveridge in 2001, Schulte continued to serve the company as a managing director and the chairman of the advisory board.

“For over six decades, Dr Schulte shaped the group and played a key role in the entire shipping industry. We feel immense gratitude for his visionary leadership, and we mourn the loss of a wise and deeply impressive person,” said Beveridge.

Heinrich Schulte leaves behind his wife, five daughters, two sons, and 14 grandchildren.

Source: CSN