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Rickmers establishes own subsidiary in Korea

10/17/2007 10:09:25 AM

Hamburg, Germany-based Rickmers-Linie is expanding its network of own subsidiaries in Asia, and will establish a new subsidiary, Rickmers (Korea), in Seoul effective November 1st.

According to Gerhard Janssen, general manager of marketing & sales at Rickmers-Linie, the new subsidiary will primarily take over the role of Rickmers-Linie’s agent in Korea and will be the representative office for Rickmers Group in that country.   

Rickmers and Korea Maritime, the line’s agent since 2006, have amicably agreed to terminate their agency relationship, effective end-October.

Rickmers-Linie offers regular sailings fortnightly from Korea to the US and destinations in Central America, as well as a monthly westbound service from the US to Korea.    

Rickmers Group has a string of vessels on order from Korean shipyards, amongst them the largest container ships in the world with a capacity of 13,100 TEU.

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