Rickmers Maritime: The next two years could hurt

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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