Before they started scrapping and selling vessels they had 130 ships so plenty to go yet... The ones I know are their 'Superflex' types, Like Rickmers Hamburg.
But...
Lloyd's Loading List report today:-
Rickmers Group has submitted an application for insolvency under self-administration to Hamburg District Court with the aim of restructuring the ailing shipowner.
The executive board has appointed Hamburg lawyer Christoph Morgen from insolvency specialist Brinkmann & Partner as chief insolvency officer, but the board remained in office and capable of acting, the company said.
Jens-Sören Schröder of the law firm Johlke Niethammer & Partner has been appointed as a temporary trustee by the Hamburg District Court.
“The aim of the executive board is to work out a new restructuring solution together with the creditors and making use of the tools of insolvency law,” Rickmers said in a statement. “Banks, bondholders and the workforce will be represented on a temporary committee of creditors.”
It added that the insolvency application applied solely to the holding company Rickmers Holding and that operating subsidiaries – in particular Rickmers Shipmanagement Hamburg and Singapore – were not affected and are working normally.
“Business and shipping operations are continuing,” Rickmers said
First published on
www.lloydslist.com
geoff