Internationale Handelsmarine Aktiengesellschaft (IHAG)was a german shipping and nautical technology company. Its most lucrative business was trans-ocean shipping. They decided in 2037 to break into the ocean food production business and launched a campaign to take market share of crypropalan production away from OTEC. After nearly three years, they racked up massive debt with little progress. In 2040, Eurobank called in IHAG’s]] loans. Despite attempts to refinance or generate short term capital, they went in solvent and filed for bankruptcy. The corpse was still warm when OTEC and CINO swooped in to buy up shares and assets.