He is chairman and founder of the shipping investment company Nordcapital and founder of the shipping company ER Schiffahrt.
Rickmers told the newspaper while his company was not in danger, there was a “deep and lasting structural and financial crisis in shipping.”
E.R. Schiffahrt has a fleet that includes 108 container vessels, 25 bulk carriers, 4 multipurpose ships, and 13 offshore vessels.
The company joined its ship management activities this year with Komrowski Befrachtungskontor and the Komrowski Group-owned Blue Star to form the Blue Star Holding group of ship-owning companies.
Erck Rickmers is the brother of Bertram Rickmers who is chairman and owner of Rickmers Group.
Their companies are separate without crossownership, with the exception of their 50/50 partnership in the broker company Harper Petersen.