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Rickmers takes delivery of its final two 13,100TEU container vessels

News Release Rickmers-Linie GmbH & CIE. KG (Head Office) June 24, 2011
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<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-GB>Another naming ceremony for two
13,100TEU container vessels being built for the Rickmers Group took place on 31
May at the </SPAN><SPAN lang=EN-GB>Ulsan</SPAN><SPAN lang=EN-GB> shipyard of
Hyundai Heavy Industries. TAURO RICKMERS and LIBRA RICKMERS are the final two
ships in an eight-ship series being built for the </SPAN><SPAN
lang=EN-GB>Hamburg</SPAN><SPAN lang=EN-GB> shipowner for longterm charter to
Maersk Line. </SPAN></FONT></FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3 face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3><FONT face="Times New Roman">The two ships were
christened by family friends of Rickmers Group Chairman Bertram Rickmers. Mrs
Antoinette Zornig named TAURO RICKMERS while Mrs Elke Scharfe named LIBRA
RICKMERS.<SPAN>&nbsp; </SPAN></FONT></FONT></SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3 face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-GB>A Swiss citizen and a mother of seven
children, Mrs Zornig is married to Professor Dr Carsten Zornig of the
</SPAN><SPAN lang=EN-GB>Israelite</SPAN><SPAN lang=EN-GB> </SPAN><SPAN
lang=EN-GB>Hospital</SPAN><SPAN lang=EN-GB> in </SPAN><SPAN
lang=EN-GB>Hamburg</SPAN><SPAN lang=EN-GB> and is a supporter of both the board
of members of the </SPAN><SPAN lang=EN-GB>French</SPAN><SPAN lang=EN-GB>
</SPAN><SPAN lang=EN-GB>School</SPAN><SPAN lang=EN-GB> in </SPAN><SPAN
lang=EN-GB>Hamburg</SPAN><SPAN lang=EN-GB> and the committee of Human Rights
Watch. Mrs Scharfe was born in </SPAN><SPAN lang=EN-GB>Hamburg</SPAN><SPAN
lang=EN-GB> and lives now with her husband Rolf Scharfe in Hamburg Blankenese.
Here she can view passing traffic on the River Elbe, which will shortly include
the ships that she and Mrs Zornig christened. </SPAN></FONT></FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3 face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3><FONT face="Times New Roman">Mrs Scharfe established her
own non-profit association Hamburger Kinderw&#252;nsche in 2005. This organisation
cares for seriously ill children during their clinical treatment at the
University Medical Center Hamburg-Eppendorf. </FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT size=3
face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-GB>Following the ceremony, TAURO RICKMERS
was renamed MAERSK EVORA and sailed to Busan to commence loading for
</SPAN><SPAN lang=EN-GB>Europe</SPAN><SPAN lang=EN-GB> on Maersk&#8217;s AE2 service.
At the end of July, Hyundai is due to deliver LIBRA RICKMERS, which under the
name MAERSK ESSEX should start loading in Busan on 30 July, also for
</SPAN><SPAN lang=EN-GB>Europe</SPAN><SPAN lang=EN-GB> on the AE2
service.</SPAN></FONT></FONT></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3 face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3><FONT face="Times New Roman">The port rotation for the
AE2 service is:</FONT></FONT></SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3 face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt 10pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3><FONT face="Times New Roman">Busan &#8211; Hakata &#8211; Dalian &#8211;
Xingang &#8211; Qingdao &#8211; Ningbo &#8211; Shanghai &#8211;Yantian &#8211; Tanjung Pelepas - Suez Canal
Container Terminal &#8211; Valencia - Rotterdam &#8211; Bremerhaven &#8211; Hamburg - Antwerp &#8211;
Felixstowe &#8211; Singapore &#8211; Busan.</FONT></FONT></SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3 face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-GB>With an overall length of 366m and a
beam of 48m, Rickmers&#8217; eight 13,100TEU ships are not quite the largest
containerships being built today but have the flexibility of being able to
transit the </SPAN><SPAN lang=EN-GB>Panama Canal</SPAN><SPAN lang=EN-GB> once
the new locks are completed. </SPAN></FONT></FONT></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT size=3
face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="MARGIN: 0pt" class=MsoNormal><B><SPAN lang=EN-GB><FONT size=3><FONT
face="Times New Roman">Technical details</FONT></FONT></SPAN></B></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT size=3
face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="MARGIN: 0pt" class=MsoNormal><FONT size=3><FONT
face="Times New Roman"><SPAN lang=EN-GB>All eight ships in the series have been
built by Hyundai Heavy Industries&#8217; </SPAN><SPAN lang=EN-GB>Ulsan</SPAN><SPAN
lang=EN-GB> shipyard. </SPAN></FONT></FONT></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT size=3
face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT size=3><FONT
face="Times New Roman">The principal dimensions are as
follows:</FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT size=3
face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT
face="Times New Roman"><FONT size=3>Length
(oa):<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN>366<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<SPAN class=661191309-22062011>
</SPAN>&nbsp;</SPAN>m</FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT
face="Times New Roman"><FONT size=3>Length
(bp):<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN>350<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<SPAN
class=661191309-22062011> </SPAN></SPAN>m</FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT
face="Times New Roman"><FONT
size=3>Beam:<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN>48.2<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;<SPAN class=661191309-22062011>
</SPAN>&nbsp;<SPAN class=661191309-22062011>
</SPAN></SPAN>m</FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT
face="Times New Roman"><FONT
size=3>Depth:<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN><SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN>29.85<SPAN>&nbsp;&nbsp;<SPAN class=661191309-22062011>
</SPAN>&nbsp;</SPAN>m</FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT
face="Times New Roman"><FONT size=3>Design
draft:<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN>14.5<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;<SPAN class=661191309-22062011>&nbsp;
</SPAN>&nbsp;</SPAN>m</FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT
face="Times New Roman"><FONT size=3>Scantling
draft:<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN>15.5<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;<SPAN class=661191309-22062011>&nbsp;
</SPAN>&nbsp;</SPAN>m</FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT
face="Times New Roman"><FONT size=3>Deadweight:
<SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN>125,480<SPAN>&nbsp;&nbsp; </SPAN>mt at 14.5m</FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT
face="Times New Roman"><FONT
size=3><SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN><SPAN>&nbsp;&nbsp;&nbsp;
</SPAN><SPAN>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</SPAN>140,580<SPAN>&nbsp;<SPAN class=661191309-22062011> </SPAN></SPAN>mt at
15.5m</FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT size=3
face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3><FONT face="Times New Roman">Containers are carried
17-wide below deck and 19-wide on the hatchcovers. The maximum capacity of each
ship is 7,074TEU on deck and 6,018TEU below deck, making 13,100TEU in
total.<SPAN>&nbsp; </SPAN>Based on a homogeneous container weight of 14 tonnes
per TEU, the maximum capacity is approximately 9,080TEU. Reefer plugs are
available for 800 x 40ft containers.</FONT></FONT></SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3 face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3><FONT face="Times New Roman">Each ship is powered by a
single Hyundai-W&#228;rtsil&#228; 12RT-flex96C main engine weighing over 2,000 tonnes and
developing 68,640 kW (MCR) at 102rpm and 61,776kW (NCR) at 98.5rpm. Five 2,700kw
diesel generators are installed.</FONT></FONT></SPAN></P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3 face="Times New Roman"></FONT></SPAN>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0pt" class=MsoNormal><SPAN
lang=EN-GB><FONT size=3><FONT face="Times New Roman">Although designed for a
service speed of 24.33 knots, the flex-engines still achieve 21.5 knots at 60%
of the engine&#8217;s normal output but can also slow steam as<SPAN>&nbsp;
</SPAN>required<SPAN>&nbsp; </SPAN>under charterers&#8217; current service patterns,
generating substantial fuel savings. By having this substantial speed reserve,
the ships can increase speed when necessary to maintain schedule integrity, an
important factor in a service industry. </FONT></FONT></SPAN></P>
<P style="MARGIN: 0pt" class=MsoNormal><SPAN lang=EN-GB><FONT size=3
face="Times New Roman"></FONT></SPAN>&nbsp;</P></DIV></BODY></HTML>