Press Release

Rhenus takes a majority holding in Arkon Shipping & Projects

Rhenus Maritime Services, the charterer and shipping company for short-sea traffic with operations across Europe, took over 60 percent of the shares in the ship and project consignment manager, Arkon Shipping & Projects, in March. Rhenus is strengthening its project and heavy-lift cargo business by taking this holding in Arkon Shipping & Projects.

Rhenus Maritime Services will in future administer Arkon Shipping & Projects under the new operating name of RMS Projects together with the Co-Founder and Managing Director, Thomas Cord; he will continue to hold the remaining 40 percent of the shares. Rhenus Maritime Services has taken over its 60-percent holding from the previous second Managing Director, Torsten Westphal. The company’s headquarters will also be moved from Haren an der Ems to Hamburg in conjunction with the change of shareholder and the new RMS Projects name.

The new Managing Director alongside Thomas Cord will be Thomas Ullrich, Managing Director of Rhenus Maritime Services. “Rhenus and Arkon Shipping & Projects have already worked together on some projects and we believe there is huge potential in further expanding this partnership in the field of project shipments and bulk charter services,” says Thomas Ullrich, expressing his view.

“We’ll not only be operating for Rhenus in future, but will also act as a broker for a large number of customers and operate a central chartering desk in the project and heavy-lift segment,” Co-Managing Director, Thomas Cord, adds. RMS Projects will function as the commercial manager for a fleet of 20 multi-purpose heavy-lift cargo vessels too.

About Rhenus

The Rhenus Group is a leading logistics service provider with global business operations and annual turnover of EUR 5.5 billion. Rhenus has business sites at 750 locations worldwide and employs 33,000 people. The Rhenus Group provides solutions for a wide variety of different sectors along the complete supply chain; they include multimodal transport operations, warehousing, customs clearance as well as innovative value-added services.

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