News / Rhenus ups its stake in Arkon to 'significantly increase' shortsea and feeder offering

Rhenus Group has increased its shareholding in German ship manager Arkon Shipping to 40% and will establish a joint investment company to expand the fleet.

Arkon currently manages 120 vessels, including 53 containerships ranging from 700 to 3,500 teu, 41 “minibulkers” and 23 heavylift vessels, and is involved in shipbroking and sale and purchase.

Rhenus says it sees Arkon Shipping’s expertise as another dimension to its logistics portfolio.

Thomas Maassen, a member of the Rhenus Port Logistics management team, explained: “European shortsea shipping is part ...