Technical ship management

Wilhelmsen and MPC Capital join forces in technical vessel management

Posted on Jul 21, 2020 1:33 PM by

The maritime executive

Wilhelmsen Ship Management, a third-party ship management service provider headquartered in Singapore, and Hamburg-based asset and investment manager MPC Capital AG, have agreed to combine their activities in technical port management. -containers. To this end, Wilhelmsen Ship Management acquires a 50% stake in Ahrenkiel Steamship GmbH & Co KG, the technical manager of container ships within the MPC Capital group.

In the future, the joint venture will operate under the brand “Wilhelmsen Ahrenkiel Ship Management”. The company will continue to operate in Hamburg and Rhoon, while being supported by Wilhelmsen’s global network. With around 100 employees, the new company will manage a fleet of 72 container ships currently, with an emphasis on feeder container ships with a capacity of 1,000 to 3,000 standard containers (TEUs).

The managing director of the joint venture will be Dr Michael Silies, who has headed Ahrenkiel Steamship since 2015. He is supported by Jan-Eric Panitzki, who will continue to oversee the operational part of the company.

“We are very happy to strengthen our presence in Germany with a strong partner like MPC Capital. We think Ahrenkiel Steamship is a good choice because we share many common values; focus on quality, heritage and at the same time have ambitious goals to use digital technology to improve and improve operations. We look forward to building a solid experience in the container segment together through this partnership, ”said Carl Schou, CEO and President of Wilhelmsen Ship Management.

Christian Rychly, Managing Director of MPC Capital, said: “We are very happy to have Wilhelmsen by our side as a strong partner with whom we can constantly expand our shipping business. We want to offer the best services to our customers and Wilhelmsen’s network and expertise in other shipping segments will improve our position in the container segment.

The closing of the transaction is still subject to the approval of the relevant competition authorities.

The products and services described in this press release are not endorsed by The Maritime Executive.


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