Over 700 Barges Stranded by Mississippi River Closure in Memphis Due to Bridge Crack
The U.S. Coast Guard said 44 vessels with a total of 709 barges are now in the queue as a 1-miles stretch of the Mississippi River remains closed after a...
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.
Join the 68,665 members that receive our newsletter.
Have a news tip? Let us know.