With the appointment as Masterbulk Pte. Ltd.’s new primary third party[ds_preview] ship manager, the Rickmers Group makes the next step into the bulker market. Rickmers Shipmanagement (Singapore) will take over management of 16 open hatch gantry crane bulk carriers progressively between May and August 2015. The group recently announced its intention to step up its bulk carrier management business. »The Masterbulk appointment follows the recent addition of seven supramax bulk carriers and demonstrates the successful growth of the managed fleet«, Rickmers stated. Nick Fisher, CEO of Masterbulk, commented: »Being part of the Rickmers managed fleet brings us considerable operational advantages and savings.«