Wednesday , 22 January 2020
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Rickmers-Linie, the Hamburg-based specialist in breakbulk, heavy-lift and project cargo, is expanding its network of subsidiaries in Asia and will establish a new subsidiary, Rickmers (Korea) Inc, in Seoul, effective 1 November 2007.

Rickmers sets up Korean subsidiary

“With its export-oriented industry and as a significant location for shipping and related industries, Korea is one of our key markets in the Far East, so it was a logical decision to establish our own office in Seoul. The new subsidiary will primarily take over the role of Rickmers-Linie’s agent in Korea and will also be the representative office for Rickmers Group,” explained Gerhard Janssen, general manager marketing and sales at Rickmers-Linie.

Rickmers and Korea Maritime, the line’s agent since 2006, have amicably agreed to terminate their agency relationship. As from 1 November 2007, all business activities of Rickmers in Korea will be handled by the new subsidiary, Rickmers (Korea) Inc.

“The cooperation with Korea Maritime was excellent,” confirmed Janssen. “We felt very well represented by them, but they understand and support our decision to establish Rickmers (Korea) Inc.”

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