Independent journal on economy and transport policy
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The Rickmers German forms an alliance with Oaktree Capital Management in order to finance the construction of eight portacontainer
The objective is to ulteriorly widen the capacity of the understanding
December 3, 2012
The shipowning group German Rickmers has tightened an agreement with the American investment trust Oaktree Capital Management in order to jointly finance the construction of eight container vessels and with the objective to ulteriorly widen the capacity of the understanding. "In contrast with the persistent crisis of the field of the naval financing - the vice managing director has explained and administrative director of Holding Rickmers, Ignace Van Meenen - Oaktree and Rickmers anticipate a new type of cooperation between private equity and the section of the shipping for investments in excellence ships".
The understanding previews that Rickmers takes care of the supervision of the phases of construction of the ships that will be realized in Asia between the half of 2014 and the half of 2015. "Ours partnership with Oaktree - the managing director of Rickmers Holdings has declared, Ronald D. Widdows - represents a positive step in the finding of new sources of capital for the field of the shipping. It allows us to begin to answer to the necessity to start investments in the tonnage of the future, offering to the line companies a valid alternative in order to more replace the their current fleet of elevated cost".
"We - he has emphasized the managing director of Oaktree, Hermann T. Dambach - consider absolutely that the field of the shipping is a section of interest for the investments, where the question of a greater efficiency in the ecological ship and fuel consumption will determine a steady increase of the necessity to introduce new endowed ships of the last technologies. With its long and immense experience in the realization of projects of shipbuilding to the vanguard - it has concluded Dambach - Rickmers is our ideal partner in this initiative".
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The shipowning group German Rickmers has tightened an agreement with the American investment trust Oaktree Capital Management in order to jointly finance the construction of eight container vessels and with the objective to ulteriorly widen the capacity of the understanding. "In contrast with the persistent crisis of the field of the naval financing - the vice managing director has explained and administrative director of Holding Rickmers, Ignace Van Meenen - Oaktree and Rickmers anticipate a new type of cooperation between private equity and the section of the shipping for investments in excellence ships".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
