Rickmers Charter Out Two Panamax Container Ships

MarineLink.com
Wednesday, March 19, 2014
A Maersk Containership: Photo courtesy of the owners

Rickmers Maritime, inform it has chartered out to Maersk Line the container ships 'Henry Rickmers' (formerly 'Ital Fastosa') and 'Richard Rickmers' (formerly 'Ital Festosa'), each of them 3,450 TEU panamax-size container ships.

Henry Rickmers will be delivered to Maersk Line this week and Richard Rickmers two weeks later; they have each been chartered for an initial minimum period of 12 months, up to a maximum of 24 months.

The two vessels will be chartered at a floating rate based on an index agreed upon by both Maersk Line and RTM. The charters are expected to generate revenue for the Trust amounting to an estimated US$5 million over the initial 12 months.

Mr Thomas Preben Hansen, the Chief Executive Officer of RTM, commented, “We are proud to reintroduce Maersk Line to our portfolio of premier liner companies. Whilst the charter market continues to be under tremendous pressure, it gives us confidence knowing that our modern and well-maintained ships remain competitive to the extent that the world’s leading liner company has chosen to charter our ships ahead of the many competing candidates.”

With the addition of Maersk Line, Rickmers Maritime says that its portfolio of counter-parties will comprise six of the world’s ten largest container shipping companies – Maersk Line, Mediterranean Shipping Company, CMA CGM, Evergreen Group (through Italia Marittima), Hanjin Shipping, and Mitsui O.S.K. Lines.
 

 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

WCI Applauds Increased USACE Funding

Today WCI applauded the leadership of Senate Appropriations Committee Chairman Thad Cochran (R-MS) and Senate Energy & Water Development (E&WD) Appropriations Subcommittee

SoCal Beach Cleanup Could Take Months

The U.S. Coast Guard captain overseeing cleanup of oil spilled from a pipeline rupture that closed two California state beaches and fouled offshore waters near

MPC Honors Crowley for Tank Vessel Safety

Crowley Maritime Corporation’s petroleum services division has once again been honored by Marathon Petroleum Company (MPC) with its annual Elite Vessel Award, which

Contracts

DMW Marine Takes the Lead in Military Cranes

DMW Marine Group, LLC. has completed a number of projects for the U.S. Navy and foreign Navies in recent years, claiming a place as a go-to supplier for Navy departments globally.

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

Two ASC Kalmar Cranes for DP World Brisbane

Kalmar, part of Cargotec, has received an order from DP World Australia to deliver two new Kalmar automatic stacking cranes (ASCs) for its semi-automated terminal in Brisbane.

Finance

US Funding for Air Emissions/Alternative Energy Projects

The U.S. Maritime Administration (MARAD) announced that up to $1.3 million in Federal funding is now available through cooperative agreements for projects supporting

WCI Applauds Increased USACE Funding

Today WCI applauded the leadership of Senate Appropriations Committee Chairman Thad Cochran (R-MS) and Senate Energy & Water Development (E&WD) Appropriations Subcommittee

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

Container Ships

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

HSH Bank to Split Off Bad Shipping Loans

German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.

18 Kalmar RT 240s for US DoD

Kalmar, part of Cargotec, has received an order to supply a further 18 rough terrain container handlers to the United States Department of Defense. Destined to replace older equipment,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pod Propulsion Port Authority Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1968 sec (5 req/sec)