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| Founded | December 1995 in Bremen, Germany |
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| Founder | Niels Stolberg |
Beluga Shipping was a German heavy-lift shipping company in the Hanseatic city of Bremen. It was a world market leader in heavy-lift shipping and also highly innovative in related fields. As such, it was the first to equip ships of its fleet with SkySails that can reduce fuel consumption by up to 5%[citation needed], and was the first company to send a heavy-lift ship from Europe to Asia along the Northern Sea Route through the Arctic Ocean rather than through the Suez Canal. The company was declared insolvent in March 2011, affecting 670 employees.[1]