Fixed-rate time charters with leading container liner shipping companies
- Rickmers Maritime's vessels are chartered to leading container liner shipping companies such as CMA CGM, Mitsui O.S.K. Lines and Mediterranean Shipping Company.
- We expect these relationships to enhance our ability to identify and pursue future growth opportunities.
- Our fleet consists exclusively of vessels that have been built by reputable shipbuilders using standard vessel designs customised by the Rickmers Group.
- This offers us significant operating efficiencies and economies of scale in operations, maintenance and crewing.
- The fleet has an average age of 9.4 years as at 31 December 2016. We believe this will provide us with key competitive advantages such as requiring fewer off-hire days and less down time for repair and maintenance.
Strong reputation for operating excellence
- The Rickmers name has immediate recognition among our target customers as a first class vessel operator with high quality, reliable and safe operating standards.
- Brand recognition is especially important in acquiring and retaining major container liner shipping companies as customers.
Full-service chartering solutions
- Ability to provide full-service chartering solutions that will benefit customers in the form of lower operating and maintenance costs and improved service levels.
Platform for growth
- Exclusive vehicle of the Rickmers Group for acquiring, owning and operating containerships of at least 3,450 TEU with right of first offer on all Rickmers Group vessels of at least 3,450 TEU with charters of more than one year subject to certain exceptions. Intention is to actively pursue purchases of other containerships with the goal of expanding our containership fleet and increasing distributions to our Unitholders.
- Vessels that the Rickmers Group may have under construction or are considering for acquisition will be required to be offered to Rickmers Maritime under the right of first offer if and when the Rickmers Group is successful in putting charters of appropriate length in place.
Experienced management team
- Trustee-Manager has a team of five directors and two executive officers, all of whom are respected professionals in the shipping, finance and legal sectors.