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German shipowner buys multipurpose pair and charters for 7-years | Shipsale news

Hamburg-based shipowner Ernst Russ AG has acquired two multipurpose vessels as it continues to advance the strategic development of its fleet.

The acquired vessels, Ronnie and Charlie, are F500-type multipurpose ships of around 12,500-dwt, built in 2021/2022 and fitted with two onboard Liebherr cranes, enabling tandem lifts of up to 500 tonnes.

Their design allows for the combined transport of heavy lift and project cargo, according to the company, as well as a broad range of conventional bulk and general cargoes.

Both vessels are chartered for seven years to dship Carriers, a globally operating European company specialised in project cargo.

The handover of both vessels is scheduled for the first quarter of 2026.

“With this deal, we are further sharpening our portfolio and increasing our exposure in an attractive segment. The current market environment, with limited supply and robust demand, provides a solid foundation for sustainable earnings,” Joseph Schuchmann, Co-CEO and chief commercial officer, said.  

The group currently owns a fleet of 25 vessels, partly operated with strategic partners, and has two additional vessels on order. The focus is on container vessels ranging from 700 to 4,200 teu, complemented by a larger 13,400 teu container vessel, a handysize bulker, and a multipurpose vessel.

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