PRESS RELEASE: Rickmers sells ER Schiffhart shipmanagement and Harper Petersen brokerage –

Selling its ship management and brokerage units does not mean that the Erck Rickmers Group is saying farewell to shipping. With a total of 34 vessels under the E.R.-flag, fully owned or jointly financed with investors, the Group will retain a significant involvement in the maritime industry. Recently, the Erck Rickmers Group established a new company developing shipping investments for institutional investors under the traditional name Blue Star Group.

The business interests of Erck Rickmers are managed by E.R. Capital Holding. The Group is led by Jochen Klösges as Chief Executive Officer and is highly diversified with asset allocation focused on real estate development and ownership, private equity and ship owning.

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