Rhenus takes a 40 percent shareholding in the ARKON Shipping Group
The Rhenus Group took a shareholding in ARKON Shipping GmbH & Co. KG on 21 March in the form of a 40 percent increase in share capital. The shipping company, which was established in 1995, manages a fleet of more than 120 sea-going vessels.
ARKON Shipping specialises in European coastal and container feeder services and global heavy lift and project shipping. The shareholding should be viewed as part of growth strategies.
In addition to commercially managing the fleet entrusted to its care, ARKON offers chartering, pool and IT solutions, project development work, financial and dockyard contacts in Europe and the Far East and it acts as a classic purchase and sales shipping broker.
The aim of the increase in capital and the establishment of a joint investment company, Rhenus-ARKON-Shipinvest GmbH & Co. KG, is to enable further expansion of the fleet of vessels being commercially managed by ARKON in future.
The shipping broker Torsten Westphal and the ship owners Herm and Stefan Jüngerhans and Gerd Wessels each have a 20 percent shareholding in ARKON Shipping in addition to Rhenus.
About Rhenus
The Rhenus Group is a logistics services provider with global business operations and annual turnover of EUR 4.6 billion. Rhenus has business sites at over 500 locations worldwide and employs more than 26,000 people. The Rhenus business areas – Contract Logistics, Freight Logistics, Port Logistics and Public Transport – manage complex supply chains and provide a wealth of innovative value-added services.
About ARKON Shipping
ARKON Shipping GmbH & Co. KG, Haren (Ems), was established by Torsten Westphal and the ship owners Dr. h.c. Gerhard Wessels and Heinrich Jüngerhans in 1995 and it has its own offices and 45 employees in Haren, Hamburg and Lisbon. ARKON is also a majority shareholder in ARKON Shipping & Projects, which has its headquarters in Hamburg and concentrates on global heavy lift and project services, alongside its partner Thomas Cord. ARKON provides multimodal services in Haren through its subsidiary Navimar.
