Rickmers Maritime delivers a USD 180 million loss

Crisis-struck Rickmers Maritime has delivered yet another huge loss. The Singapore-based company has now lost approximately USD 325 million over the past three years. CEO Søren Andersen and Chairman Bertram C. Rickmers still have faith in the future, however.

Photo: PR-foto/Rickmers Maritime

Rickmers Maritime has long been battling for survival, as the carrier has been struggling to repay its debt and has failed to land a critical agreement with bondholders.

This is evident in the annual report for the Singapore-based carrier, which delivered a huge deficit in 2016.

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