Decline for Rickmers Maritime continues in 2015

The interim report for the first quarter at the Singapore-based container shipowner Rickmers Maritime shows that the decline from 2014 is continuing into 2015 with a drop in charter revenue due to a decline in charter rates.

CEO of Rickmers Maritime Thomas Preben Hansen.

The decline for Rickmers Maritime, which owns the container segment of German Rickmers Group, continued from 2014 into the first quarter of 2015.

The company achieved a charter revenue in the first quarter of USD 28.6 million, a decline of 16 percent from USD 33.9 million in the same period in 2014. At the same time, net earnings fell to USD 7.0 million, a 29 percent from USD 9.85 million in the same quarter 2014.

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