Major impairment in Rickmers' Singapore company

Current and expected weak charter rates on container ships forced Rickmers Maritime in Singapore to perform a USD 63 million impairment in the 3rd quarter 2014.

BY OLE ANDERSEN

German Rickmers' Singapore-listed owner of 16 container ships, Rickmers Maritime, suffered a deficit of around USD 53 million in the 3rd quarter 2014.

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