Rickmers Group(Germany) buys 5 container ships

By Finance

Rickmers Group  has made a deal for the purchase of 5 2,200 TEU container ships. The estimate value of the deal is more than $30 million. 

Rickmers Group is a provider of services for the maritime industry around the world, vessel owner and ocean carrier. The total number of vessels owned and managed by the company is 97.

Buying ships with this size shows that this is one of the few markets with positive short term upside potential for the charter rates inter alia as the number of ships in this segment decreased last year.