Bertram Rickmers-controlled Rickmers Group is expanding its fleet further with newbuildings.

The German shipping company has returned to China’s Yangzijiang Shipbuilding for up to four feeder containerships totalling around $100m.

Market players say it has contracted the Singapore-listed yard to construct two 1,900-teu units for delivery in 2018. The deal includes two options.

The ships are said to be costing around $25m each.

“Rickmers