MPC says Wilhelmsen tie-up ‘not about the money'
MPC Capital’s Christian Rychly tells Lloyd’s List that the former KG house did not sell a 50% stake in Ahrenkiel Steamship to cash in on its profitable shipmanagement activities, at a time when its other shipping units are facing cashflow strain
‘MPC decided the KG market and the investor market for ships in Germany is not the future. The way MPC is going at the moment is not for everyone. But there are a lot of models in between,’ former KG house managing director said