According to the Inquirer story Tobias König, is chief executive and cofounder of American Feeder Lines along with Percy Pyne IV, of New York real estate investment and consulting firm Pyne Companies Ltd.
Mr. König is a major player in the Hamburg, Germany, based shipping investment market. His König & Cie. GmbH & Co. KG has launched more as 80 closed-end funds with a total investment volume of more than 4.2 billion euros. Most of these funds are investments in ships, putting the company into the top quartile of all ship initiators in Germany.