We would like to inform you that we will be ceasing the business operations of RAO Tankers in the next couple of weeks, and that the existing charter commitments of RAO Tankers will be transferred to the Handytankers pool in the weeks ahead.
With this decision, Hamburg Süd is continuing to pursue its strategy of concentrating exclusively on the container logistics business, as part of a process that already began last year with the sale of Hamburg Süd’s dry bulk business operated under the name RAO to Swire Bulk.
Before ceasing operations, we will naturally do everything to ensure that your current business with us continues as usual, and that the transition goes completely smoothly for you. Until then and until further notice, the vessels will still remain under our control.
It goes without saying that we are available at any time to answer any questions you may have, and that we will promptly inform you about any new developments that are relevant to you.
Above all else, the entire RAO Tankers team would like to express its profound gratitude to you for your excellent and sometimes multiyear collaboration and support. Many great business relations as well as friendships have arisen in the 68-year history of RAO. We are confident that the Handytankers pool team will continue to provide you with excellent support.
Your RAO Tankers team
September 21, 2020