Maersk-Rickmers Announces Breakup

maersk_illinois

The U.S.-flagged joint venture known as Maersk-Rickmers quietly announced this week that its services have been discontinued.

The JV, formally known as Maersk-Rickmers U.S. Flag Project Carrier, was formed in September 2011 by Maersk Line, Limited and Rickmers-Linie (Americas) and offered heavy-lift breakbulk and project cargo shipping using two newly-built multi-purpose ships, Maersk Illinois and Maersk Texas.

At the time of establishment, the 19,000 DWT vessels, each with a combined maximum lift of 480 metric tons, provided twice the capacity of any U.S. flag multipurpose vessels in operation.

In a statement posted to the Maersk-Rickmer’s website, a message only said that both companies have mutually agreed to discontinue their joint venture. All additional pages on their site have been taken down.

Neither MLL or Rickmers-Linie have addressed the break up on their websites, and no word yet on what’s going to happen with the two vessels.