Rickmers – Apollo Joint Venture Acquires Six Hamburg Süd Vessels

A joint venture between Hamburg-based Rickmers Group and funds affiliated with Apollo Global Management, LLC has purchased six vessels from Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft (“Hamburg Süd”), a company of the Oetker Group, for USD 176 million.

The vessels have been chartered back to Hamburg Süd for a period of three years. The 2006-built Panamax-Reefer-Container Vessels have a capacity of 54,000 dwt each and are predominantly employed in the North-South Trades.

Rickmers Group, February 18, 2014; Image: Hamburg Süd

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >