World News
Zeaborn to Acquire Business of Rickmers' Bunker and Chartering Broker MCC
ZEABORN Chartering GmbH & Co. KG (Zeaborn) has signed a deal to acquire the business operations of Rickmers Holding AG's liner service Rickmers-Linie GmbH & Cie. KG (Rickmers-Linie) and bunker and chartering broker MCC Marine Consulting & Contracting GmbH & Cie. KG (MCC), World Maritime News reports.
"With the growth of our fleet, we were faced with the challenge of building a global organisation. Everyone who knows the shipping industry knows that this is a very challenging task in our time. In this respect, it's a fortune for our development that Rickmers-Linie was available at the right time," said Jan Hendrik Többe, Managing Partner of Zeaborn.
Under the agreement, Zeaborn will be able to use the brand names Rickmers-Linie and Rickmers-Line, but only in respect to the activities of the business being acquired.
Finalisation of the deal is subject to approval by Rickmers Group's financing banks and relevant anti-trust authorities.
Parties have not revealed details on the price of the deal.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 646.50 | 5.50 | 773.50 | 11.50 |
| Rotterdam | 604.00 | 5.00 | 756.00 | 5.00 |
| Houston | 630.50 | 1.00 | 798.50 | 4.00 |
| Fujairah | 650.50 | 3.00 | 897.00 | 13.50 |
| Global 20 Ports Average | 662.50 | 1.00 | 858.50 | 0.50 |
| Global 4 Ports Average | 633.00 | 3.50 | 806.00 | 6.50 |
| Global Average Bunker Price | 718.50 | 0.50 | 914.00 | 1.00 |
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