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.”