Maersk, Rickmers end U.S.-flagged joint venture

Maersk-Rickmers U.S. Flag Project Carrier, the joint venture between Maersk Line, (MLL) Limited and Rickmers-Linie (Americas), has been terminated.
The companies have revealed this information on the Maersk-Rickmer’s website with no further details about the reason of breaking-up, except that it was a mutual decision.
The joint venture was established in September 2011 in order to offer heavy-break bulk and cargo shipping services with two new 19,000 DWT vessels, Maersk Illinois and Maersk Texas.
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