Arkon Shipping, Partners Establish New Chartering JV

Business & Finance

August 8, 2018

German shipmanager Arkon Shipping has teamed up with a number of compatriot firms to form Arkon Allied Container (AAC), a new chartering joint venture.

Illustration. Image Courtesy: Pixabay under CC0 Creative Commons license

The company informed that the parties in the JV are the shipowners Jüngerhans, Wessels, HS Schiffahrt, Nordic and Jebsen Shipping Partners, as well as the chartering specialists Ole Gabs and Wolfgang Klodwig.

The objective of this foundation is to group the shareholders’ container feeder vessels to a large fleet, counting more than 90 container vessels with capacities of up to 4,350 TEU. Additionally, the JV will jointly market the vessels and optimize the cost structure of the chartering of the fleet.

After the forehanded antitrust auditing was concluded without any objections, AAC officially launched its business at the beginning of August.

The JV, with the registered office of the company in Haren/Ems, was created in June 2018.

Arkon Shipping informed that AAC “is open for the acceptance of additional shareholders. The precondition for the admittance is to bring in further vessels that reasonably supplement the fleet.”