Bertram Rc Rickmers News

Marking further consolidation in the breakbulk and project cargo sector, Rickmers Group said it has sold its business operations of Rickmers-Linie to ZEABORN. Rickmers-Linie GmbH & Cie. KG and MCC Marine Consulting & Contracting GmbH & Cie. KG, which are both fully-owned by Rickmers Holding AG, reached agreement to sell their respective operating businesses to ZEABORN Chartering GmbH & Co. KG on February 7, 2017. The planned sale, subject to the approval of the financing banks of the Rickmers Group and subject to anti-trust authorities…

"As we close the 2012 books, we have every reason to be satisfied with the Trust’s positive results," says Rickmers chairman. Extracts from chairman, Bertram R.C. The business performed well operationally, with all sixteen [container] vessels generating strong revenues. Rickmers Maritime, being specifically structured around long-term fixed-rate time charter contracts, is largely insulated from the renewed pressure on time charter rates. The challenges to our industry are by no means over.

Following 10 years with the Rickmers Group and after the successful conclusion of financing agreements for the Rickmers Group’s newbuilding programme consisting of container and multi-purpose vessels, Dr Moritz Mittelbach has stepped down as CFO and Managing Director of Rickmers Holding GmbH & Cie KG and Pacific Holdings International GmbH & Cie KG with effect from 31 January 2011 at his own request. With his expertise, Dr Mittelbach successfully guided the Rickmers Group through the difficult phase of the financial and shipping crisis; he will continue to bring his experience to bear by serving the company in an advisory role. The Executive Board thanks Dr Mittelbach for his important contribution.