Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Wilhelmsen takes 50% stake in MPC Capital ship management company

Photo: WSM Digital signing ceremony - WSM & MPC.jpg
Christian Rychly (on screen; left), managing director of MPC Capital – in Hamburg, and Carl Schou, ceo & president of Wilhelmsen Ship Management
Wilhelmsen Ship Management (WSM) is taking a 50% in MPC Capital’s technical ship management unit Ahrenkiel Steamship expanding its presence in the containership sector.

WSM and MPC Capital have agreed to combine technical ship management of containerships with a new joint venture Wilhelmsen Ahrenkiel Ship Management owned 50 – 50 by the two companies.

The joint venture will operate from Ahrenkiel’s current locations in Hamburg and Rhoon and be supported by the global network of Singapore-headquartered WSM.

“We are very happy to strengthen our presence in Germany together with a strong partner like MPC Capital,” said Carl Schou ceo and president of WSM.

“We believe Ahrenkiel Steamship is a good fit as we share many common values; focusing on quality, heritage and at the same time have ambitious goals to utilize digital technology to enhance and improve the operations. We are looking forward to develop a strong track record together in the container segment through this partnership.”

The joint venture currently has a fleet of 72 vessels under management and will focus on feeder container vessels in the 1,000 – 3,000 teu capacity range.

Head of Ahrenkiel Steamship Michael Silies will take up the role of managing director at the joint venture.

Christian Rychly, managing director of MPC Capital, said: “We want to offer the best services to our clients and Wilhelmsen’s network and expertise in other shipping segments will improve our position in the container segment.”

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish
TMSRPan21-22 Category Promo 600_600-resize
Read Now

The 21st Edition of Panama Maritime Review

"We will invest in digital transformation, exploring innovative ways in which we can maxinimise the Canal's capacity to provide value guarentee quality of service to our customers."

Ricaurte Vásquez Morales, Panama Canal Administrator

Read Panama Maritime Review 2021/22 to find out more.

TMSRPan21-22 Category Promo 600_600-resize