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Rickmers to charter two 3,450 teu ships to Maersk

Rickmers to charter two 3,450 teu ships to Maersk
Rickmers Maritime has secured new employment for two of its vessels, the 3,450 teu Henry Rickmers (ex-Ital Fastosa) and Richard Rickmers (ex-Ital Festosa), which have been chartered to Maersk Line.

Henry Rickmers will be delivered to Maersk this week and Richard Rickmers two weeks later, Rickmers Maritime said in a stock market announcement. The two vessels are just coming off long-term eight-year charters with Italia Marittima, secured when they were newbuildings in 2006.

The vessels are on initial one-year charters with an option to extend for a further year, with rates based on a floating rate, in turn based on an index agreed upon by both parties. Expected revenue for the first year will come up to around $5m.

Thomas Preben Hansen, ceo of trustee-manager Rickmers Trust Management said: "We are proud to reintroduce Maersk Line to our portfolio of premier liner companies. Whilst the charter market continues to be under tremendous pressure, it gives us confidence knowing that our modern and well-maintained ships remain competitive to the extent that the world's leading liner company has chosen to charter our ships ahead of the many competing candidates."