Rickmers Group

14 Apr 2016
Germany’s Rickmers Holding and ER Capital Holding are weighing the merger of their ship-management units into a global joint venture with around 220 vessels.
30 Mar 2016
Nordana Project and Chartering, which owns and operates about 25 breakbulk and heavy-lift multipurpose tweendeck vessels, has named Rickmers-Linie as its representative in China.
15 Mar 2016
Rickmers Group posted higher earnings and revenue, driven by the dollar’s rise against the euro, an increase in the number of ships under management, and cost cutting, but a write down in the value of its vessels resulted in a bottom line loss.
19 Feb 2016
Rickmers Maritime slumped to a $129.2 million loss in 2015 from a $16 million profit a year earlier on increased write offs on the value of its ships and depressed container charter rates.
01 Feb 2016
Rickmers Group has reiterated its 2015 results forecast in response to the recent slump in its corporate bond.
15 Dec 2015
Rickmers Maritime said it will post a net loss in the fourth quarter and for the full year due to the depressed container ship charter markets that forced a write down in the value of its vessels.
05 Nov 2015
Rickmers Maritime swung to a net profit of $9 million in the third quarter from a $53 million loss a year earlier, but suspended dividend payments to conserve cash flow until the container charter market improves.
20 Aug 2015
Rickmers Group’s operating profit rose 35 percent in the first half, as its shipping unit returned to the black and a strong dollar boosted revenues.
08 Jun 2015
Swire Shipping, the liner shipping division of China Navigation, is teaming up with Rickmers-Linie, the breakbulk and heavy-lift carrier, to enhance services in India and the Mideast.
Rickmers New Orleans off Jebel Ali
01 Jun 2015
Rickmers Holding has switched its legal status from limited partnership to stock corporation, paving the way for a potential initial public offering by Germany’s biggest container ship owner and manager, most likely in New York.
28 Apr 2015
Just two hours before they were set to call the port at Jebel Ali in the United Arab Emirates, the crew of the Maersk Tigris likely had little or no idea that the container ship would become international news while heightening tension in the Middle East.
28 Apr 2015
Iranian patrol vessels fired warning shots across the bow of the container ship Maersk Tigris when the vessel was traversing the Strait of Hormuz in Iranian territorial waters, a Pentagon spokesman said.
10 Apr 2015
Rickmers Group’s net income stalled and revenue declined in 2014 but Germany’s leading container ship owner and manager continued to grow its fleet and restructured its loans.
26 Feb 2015
Rickmers Maritime sank to a $16 million net loss in 2014 from a $23.5 million profit in the previous year as impairments and lower containership charter rates in the third quarter offset a profitable final three months.
16 Jun 2014
Rickmers-Linie has named Waldemar “Val” Poulsen as president and CEO of Houston-based Rickmers-Linie (America), effective July 1.
30 Apr 2014
Ron Widdows, the high-profile U.S. chief executive officer of Rickmers Group, will step down from his post tomorrow, May 1, the leading German shipowner announced today as it posted its 2013 results.
12 Mar 2014
WASHINGTON — A breakbulk and container line, and three non-vessel operating common carriers have agreed to pay $350,000 total in civil penalties following Federal Maritime Commission allegations that they violated the Shipping Act of 1984 and the agency’s regulations.
19 Nov 2013
Rickmers Maritime Trust has established a Singapore $300 million (about US$240.5 million) corporate bond program to fund capital expenditure.
28 Oct 2013
Rickmers Group is adding €75 million (about US$103.4 million) to its €175 million corporate bond issued in June.
23 Sep 2013
Rickmers Group, the German shipowner, has established a joint venture with funds linked with U.S.-based Apollo Global Management to buy container ships.
07 Jun 2013
A corporate bond issued by Rickmers Holding is trading on the Frankfurt Stock Exchange after raising 175 million euros ($231 million) for the Hamburg-based shipping company.
21 May 2013
Singapore’s Rickmers Maritime Trust said
15 May 2013
Rickmers Holding, parent of the Rickmers Group of shipping companies, announced plans to issue a
Rickmers Savannah is the 10th vessel in the Round-The-World Pearl String Service.
03 May 2013
Rickmers-Linie has added a 10th vessel on its eastbound round-the-world Pearl String Service, which connects Europe, Asia and North America, as part of its continuing investment program.
Rickmers Chennai is the latest addition to the Middle East/India service of Rickmers-Linie.
08 Apr 2013
Rickmers-Linie has decided to charter into its fleet the 19,100 deadweight ton, 2012-built Pacific Winter.
26 Mar 2013
Rickmers-Linie will expand its service at the Port of Philadelphia with the addition of a westbound service connecting Asia, South America and North America...
13 Jan 2013
The global market for breakbulk and project cargo, long considered somewhat immune to the economic cycles, is facing some
21 Dec 2012
Jerry Nagel, former chairman of Rickmers-Linie (America),
03 Dec 2012
Germany’s Rickmers Group has teamed with U.S.-based Oaktree Capital Management to order eight “eco” container vessels in
30 Oct 2012
Rickmers Maritime’s third quarter profit plunged 26 percent from a year earlier on lower charter revenue and increased co
07 Sep 2012
Global maritime and logistics company Rickmers Group named Robert Sappio, a former longtime executive at APL, president and CEO of Rickmers America as pre
06 Aug 2012
Container ship owner-charterer Rickmers Maritime reported a 4 percent rise in second quarter net profit but warned that charter rates and vessel values may be hurt this year by overcapacity and a weak
13 Mar 2012
Rickmers Trust said Tuesday it chartered the Kaethe C. Rickmers to Mediterranean Shipping Co. for an initial period of 12 months starting March 25.
15 Feb 2012
Ron Widdows, the former chief of Singapore-based Neptune Orient Lines, will become CEO of Germany’s Rickmers Holding and Rickmers-Linie shipping group.
13 Feb 2012
Container ship owner-charterer Rickmers Maritime posted a $40.3 million net profit for 2011, reversing a $28.6 million loss in 2010, and said it expects “steady performance” this year desp