Rickmers Maritime

Rickmers Maritime is a Singapore business trust formed to own and operate containerships under long-term fixed-rate charters to leading container liner companies.

At the time of its initial public offering (IPO) on 4 May 2007, Rickmers Maritime had a contracted asset portfolio of 10 containerships ranging in size between 3,450 Twenty-foot Equivalents Units (TEU) and 5,060 TEU, with a total capacity of 40,910 TEU.

Today, Rickmers Maritime has 23 vessels in its contracted fleet with vessels ranging in size from 3,450 TEU to 13,100 TEU, offering a total capacity of 131,560 TEU. All the vessels in the portfolio are chartered out to leading container liner companies including A.P. Møller-Mærsk A/S, CMA CGM, Italia Marittima S.p.A. (part of the Evergreen Group), Mitsui O.S.K. Lines, Ltd., Hanjin Shipping Co., Ltd. and Compañía Sud Americana de Vapores S.A. (CSAV).

Rickmers Maritime’s objectives are to offer first-class services to its customers, expand its fleet with quality ships and provide stable and growing cash flows.

Managed by Rickmers Trust Management Pte. Ltd., Rickmers Maritime aims to make regular quarterly distributions to its unitholders while reinvesting a portion of its operating cash flow to ensure its long-term sustainability.