Oaktree and Rickmers join forces to build eight eco designed new build container vessels with eight more at option. Announcing this information, Deputy CEO and CFO of Rickmers Holding, Dr.Ignace Van Meenen said : “ Against the background of the continued crisis in ship financing, Oaktree and Rickmers are presenting a new way of cooperation between private equity and the shipping sector for investments in the state-of-the-art vessels”.
Oaktree Capital Management LP is a very leading global investment management firm which was on the look out for an efficient partner for vessel construction supervision, fleet management and commercial management. And it found in Rickmers which has more than 170 years of experience and competence in offering first class and high quality ship management. Mr. Hermann T. Dambach, Managing Director, Oaktree said that they “firmly believe in the shipping sector as an attractive field for investment” where there is “a constantly increasing need for the introduction of new vessels equipped with the latest technology”. The CEO of Rickmers Holdings, Mr. Ronald D Widdows responded on his part: “Our partnership with Oaktree represents a positive step in the development of new capital sources for the shipping sector”.
When two great leaders in their respective fields join hands to promote the shipping industry, the industry certainly stands to benefit.
Oaktree Capital Management LP is a very leading global investment management firm which was on the look out for an efficient partner for vessel construction supervision, fleet management and commercial management. And it found in Rickmers which has more than 170 years of experience and competence in offering first class and high quality ship management. Mr. Hermann T. Dambach, Managing Director, Oaktree said that they “firmly believe in the shipping sector as an attractive field for investment” where there is “a constantly increasing need for the introduction of new vessels equipped with the latest technology”. The CEO of Rickmers Holdings, Mr. Ronald D Widdows responded on his part: “Our partnership with Oaktree represents a positive step in the development of new capital sources for the shipping sector”.
When two great leaders in their respective fields join hands to promote the shipping industry, the industry certainly stands to benefit.
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