Rickmers Maritime charters two container ships to Maersk Line

Rickmers Maritime has secured new employment for two of its vessels.

The 3,450 twenty equivalent unit panamax container vessels have been chartered to Maersk Line.

Henry Rickmers will be delivered to Maersk this week and Richard Rickmers two weeks later.

They have each been chartered for an initial minimum period of 12 months, up to a maximum of 24 months.

They will be chartered at a floating rate based on an index agreed upon by both Maersk Line and Rickmers.

The charters are expected to generate revenue for the trust amounting to a about US$5 million (S$6.3 million) over the initial 12 months.

With the addition of Maersk Line, Rickmers' portfolio of counterparties will comprise six of the world's 10 largest container shipping companies - Maersk Line, Mediterranean Shipping Company, CMA CGM, Evergreen Group (through Italia Marittima), Hanjin Shipping, and Mitsui O.S.K. Lines.