Wilhelmsen and MPC Capital To Combine Technical Expertise

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  • Wilhelmsen and MPC Capital AG have agreed to the technical management of container ships.
  • Wilhelmsen Ship Management acquires a 50 % stake in Ahrenkiel Steamship GmbH & Co KG.
  • The company will continue to operate in Hamburg and Rhoon supported by Wilhelmsen’s global network.
  • The new company will manage a fleet of currently 72 container ships.
  • It will focus on feeder container ships with a capacity of 1000 to 3000 standard containers.
  • The managing director of the joint venture will be Dr. Michael Silies.

Wilhelmsen Ship Management and MPC Capital AG have agreed to combine their activities in the technical management of container ships, says a press release published on their website.

Wilhelmsen Ahrenkiel Ship Management to emerge

To this end, Wilhelmsen Ship Management acquires a 50 % stake in Ahrenkiel Steamship GmbH & Co KG, the technical container ship manager 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 supported by Wilhelmsen’s global network. With around 100 employees, the new company will manage a fleet of currently 72 container ships with a focus on feeder container ships with a capacity of 1000 to 3 000 standard containers (TEU).

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

Strengthening presence in Germany

We are very happy to strengthen our presence in Germany together with a strong partner like MPC Capital. We believe Ahrenkiel Steamship is a good fit as we share many common values; focusing on quality, heritage and at the same time have ambitious goals to utilize digital technology to enhance and improve the operations. We are looking forward to developing a strong track record together in the container segment through this partnership, says Carl Schou, CEO, and President of Wilhelmsen Ship Management.

Christian Rychly, Managing Director of MPC Capital, says:We are very pleased to have Wilhelmsen at our side as a strong partner with whom we can consistently expand our shipping activities. We want to offer the best services to our clients 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 approval by the relevant antitrust authorities.

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Source: Wilhelmsen 

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