All proceeds from the sale have been paid to an HSH Nordbank-led syndicate.
09 Aug 2017
Germany’s Zeaborn Group has consolidated its presence in the heavy lift/project cargo shipping market.
21 Jul 2017
The trust manager of the company said it had sought approval to remove its shares in April.
11 Jul 2017
The sale of the ships to New York Stock Exchange-listed Navios is expected to be completed in parts from July 12.
21 Jun 2017
Maersk currently has 18 Rickmers vessels in its fleet.
19 Jun 2017
The company said vessels operations, in particular its ship management services, are “running stable."
13 Jun 2017
Rickmers Group filed for insolvency last week.
05 Jun 2017
“The aim of the executive board is to work out a new restructuring solution together with creditors and making use of the tools of insolvency laws.”
01 Jun 2017
HSH Nordbank has rejected further negotiations over the restructuring.
17 May 2017
Rickmers urged all creditors to abstain from actions that may jeopardize or delay the orderly wind-up of the trust.
16 May 2017
The court ordered bondholder Peter Kwok Kian Tow and Rickmers Maritime to exchange affidavits.
15 May 2017
“The likely outcome of this situation, if not resolved, is liens and vessel arrests.”
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