Login
Bertram Rickmers.jpg

Bertram Rickmers is ready to give up control to banks

Carriers:

Bertram R.C. Rickmers is ready to transfer 75.1 percent of his shipping empire, Rickmers Group, to HSH Nordbank and other lenders in a new debt agreement. Rickmers currently sits on 100 percent of the shares.


BY NIKLAS KRIGSLUND
Published 20.04.17 at 14:56

Log in to read articles

Some of our content is exclusively for subscribers.

Try ShippingWatch free for 14 days

Get 14 days free trial access

Sign up for ShippingWatch newsletter
Most read Carriers

Hapag-Lloyd has lost efficiency following merger

hapag-lloyd5.jpg Carriers:

According to SeaIntel, the merger with Chilean CSAV has cost the German container carrier 11 percent of its otherwise all-time high efficiency measured in freight volumes and number of employees.

Former Wilhelmsen senior execs charged with price fixing in the US

Carriers:

US authorities target the principal actors in a large-scale cartel case that has now resulted in charges against three former senior executives of Norway's Wallenius Wilhelmsen Logistics.

Maersk IT systems still down due to cyber attack

Carriers:

The Maersk Group is on Wednesday morning CET still hit hard by the cyber attack which struck the group, and numerous other major international companies, Tuesday. 75 of APM Terminals' port facilities are hit. Maersk says on Wednesday that the issue has been contained.

Here are the world's richest shipping families

Carriers:

The shipping business has been particularly noted for creating massive family fortunes around the world. The Maersk family occupies the 2nd place on Alphaliner's list of the 21 richest shipping families.

IMF reduces growth estimate for 2017 and 2018

Carriers:

Doubts about the development of the US economy have prompted the International Monetary Fund to downgrade its growth projections.

"Shipping needs a new business model"

Carriers:

The old business model for how a carrier should be run could be dead and gone in the not too distant future, according to bank Danish Ship Finance. Chief Analyst Christopher Rex points to a need for breaking the habit.

Current front page

Maersk Broker has never before sold this many vessels

_TOF7310_aha.jpg Services:

The Maersk family's brokerage firm maintains its forecast for an improved result compared to a weak 2016, CEO Anders Hald tells ShippingWatch. Though there is solid activity in buying and selling, it is still happening at very low prices, he says.

J. Lauritzen picks new head of bulk from own ranks

Bulk:

J. Lauritzen has appointed a new head of its dry bulk business, as the carrier promotes a candidate from within its own ranks to COO. He will replace Peter Borup who left the carrier in March.

Shipping and offshore's new financiers come from China

Services:

Chinese leasing companies have stormed into shipping and offshore accounting for 15 percent of new loans in 2016, according to new figures. ShippingWatch has met two of the new bankers which the maritime industry should start getting used to. "It's strictly commercial," they say.

Spanish dockworkers sign agreement and call off strike

Ports:

Spanish dockworkers call of the strike currently in progress, after they have signed an agreement concerning labor conditions at the ports, reports Reuters.

Maersk in close dialog with MSC following cyber attack

Container:

Maersk Line's partner in the 2M alliance, MSC, ensures its customers that the carrier's systems are running as normal following the cyber attack on Maersk's IT systems.

MAN Diesel & Turbo senior exec to head new green shipping team

Suppliers:

Green Ship of the Future has now appointed its management team for the next two years, with senior executives from MAN Diesel & Turbo and DFDS filling the top positions in the network that consists of 48 stakeholders in the maritime sector.

ADVERTISEMENT
ADVERTISEMENT

Vacancies

ADVERTISEMENT