Charter market recovery too late to save Rickmers Maritime Trust

//Charter market recovery too late to save Rickmers Maritime Trust

Charter market recovery too late to save Rickmers Maritime Trust

By | 2017-04-12T17:00:05+00:00 April 12th, 2017|feed news|Comments Off on Charter market recovery too late to save Rickmers Maritime Trust

The recent recovery in the containership charter market has come too late to save panamax shipowner Rickmers Maritime Trust (RMT).
The company has announced that it will be wound up.
Singapore-headquartered RMT owned a fleet of 14 containerships of 3,450-5,060 teu, five of which are on long-term charter to Japanese carrier MOL, five are on the spot market and four in lay-up.
RMT today said it was “disappointed to have to announce that, after much effort …

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