Rickmers to buy ships, charter them to Maersk
Rickmers Trust Management plans to acquire four 13,100 TEU container vessels from Polaris Shipmanagement Co. Ltd.
These new acquisitions will increase Rickmers Maritime’s contracted fleet capacity by 128 percent to 93,310 TEUs, from 40,910 TEUs. The vessels are scheduled to be delivered from Hyundai Heavy Industries Co. in South Korea from August through November 2010.
Each of the ships will commence service upon delivery with a 10-year, fixed-rate time charter to A.P. M'ller-Maersk, with options for two additional 30-month extensions.
Rickmers to buy ships, charter them to Maersk
