Chemikalien Seetransport buys out Rigel Schiffahrts

Hamburg’s Chemikalien Seetransport (CST) has bought our Bremen-based chemical and product tanker firm Rigel Schiffahrts in the latest chapter of shipping consolidation seen across German maritime in recent years. No price has been given for the acquisition.

Rigel was founded in 1990 and is run by Dr Holger Poets and Jörn Lüdtke. Its Korean-built ships range in size from 13,916 cu m to 42,630 cu m.

CST is one of Hamburg’s largest owners with interests in gas, product and chemical carriers as well as dry bulk. It operates most of its ships in pools.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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