Rickmers Group's bottom line more than halved in 2016

Large-scale impairments in the third quarter mean that German Rickmers Group's bottom line is more than halved so far in 2016, while operations and revenue also noted setbacks. The company still expects an operating result for 2016 significantly below last year's.

German shipping group Rickmers Group remains strained by the container market crisis, and large impairments in the third quarter pulled the result so far in 2016 even deeper into the red.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs