Germany's Reederei Harmstorf is eyeing a fleet expansion after appointing a new managing director.
Alexander Riecke was promoted in May to work alongside Thomas Meier-Hedde.
The company currently manages four boxships for MPC Container Ships after selling the vessels to its Oslo-listed partner for more than $38m.
Riecke told TradeWinds: "We are focusing on the future and with it we are planning to increase the number of ships again.
