Rickmers Maritime closes container ship sale

Rickmers Maritime Group has now completed the sale of its last nine container ships to Greek Navios Maritime. This brings the shutdown of the Singapore-based fund to an end.

Photo: PR-foto/Rickmers Maritime

Rickmers Maritime Trust has now sold off its entire fleet, after management had to abandon efforts to solve the financial problems in April.

The Singapore-based fund, which is in the process of shutting down, states Tuesday that it has sold nine container vessels to Navios Maritime. The Greek shipowner previously purchased five vessels from Rickmers Maritime Trust and has now taken over the fund's entire fleet.

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