Rickmers Maritime CEO: Divestment is the only way forward

Bondholders' rejection of Rickmers Maritime's restructuring proposal for the crisis-struck carrier could mean "a long and painful liquidation of the company," says Søren Andersen to ShippingWatch. Divestments are a necessity.

by LOUISE VOGDRUP-SCHMIDT

"I am terribly sorry that our bondholders chose to say no today. The proposal for a restructuring was not only designed to help Rickmers Maritime Trust along a little, but the propel it far forward" says CEO Søren Andersen to ShippingWatch.

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Rickmers Maritime CEO: Divestment is the only way forward

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Rickmers Maritime in trouble again

Rickmers Maritime could scrap container ship of only 7 years

Rickmers distances itself from Singapore company

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

Carsten Mortensen wants to build green reefer ship for banana export

Dubai challenges Singapore as shipping's favorite city

A simple reason could explain low dry bulk rates despite good demand

Hapag-Lloyd were in talks to acquire state-owned port company

Jobs