Rickmers Maritime: The next two years could hurt
Without an improvement in the container industry within the next 12-24 months, things are looking bad for owners of small and medium-sized ships, says CEO Thomas Preben Hansen, of Rickmers Maritime.
BY OLE ANDERSEN
Unless the time charter rates and the market in general starts to really improve within the next 12-24 months, the situation - not just for the many German owners of small and medium-sized container ships, but for carriers in general - could be quite painful, says Thomas Preben Hansen, CEO of Singapore-listed Rickmers Maritime, part of German Rickmers Group, and which has spent the past five years working to significantly reduce its debt.
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