Page 24 - Next Generation 2015 - Digtial Issue
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Next Generation Europe

     “Also, George will not sit still,” says      Interests in fashion and art contrast
one close lieutenant of the funder’s          with the ER Schiffahrt managing director’s
personality.
                                                 knowledge of marine operations and
     Mr Economou’s eldest son, Christos,             sulphur emission control areas
born in 1983, remains in charge of
TMS Cardiff Gas, having spearheaded           Germany
the group’s lunge into the LNG carrier        Isabelle Rickmers
business.
                                              STILL in her early-30s, Isabelle Rickmers        After her graduation, Ms Rickmers
     The company manages a fleet              was appointed as managing director of       arrived in Hamburg, expecting to spend
of five ships, including four 159,800         ER Schiffahrt in January this year, as      a few weeks in the city, but has instead
cu m newbuildings delivered in 2014           part of a shake-up necessitated by the      stayed there ever since.
from Daewoo Shipbuilding & Marine             defection of chief executive Hermann
Engineering.                                  Klein to rivals Offen.                           In 2010, she joined ER Group’s
                                                                                          graduate trainee scheme and held
     As a relatively new entrant in                Born in Munich in 1982, Ms             various positions in the investment
that particular sector, the group is still    Rickmers comes from a family that has       house Nordcapital and the shipbroker
widening its circle of relationships with     been in shipping since 1834. Her father     Harper Petersen.
charterers through employing the vessels      was the cousin of ER Schiffahrt principle
in the spot market, but will be confident     Erck Rickmers, after whom the company            She then joined ER Schiffahrt,
of being well placed to seal longer-term      is named.                                   starting in the customer relations
employment once there is a pick-up in                                                     department, and became head of the
demand for longer periods.                         Reporting to Mr Klein’s replacement    department in 2014, prior to taking on
                                              Nils Aden — himself still just 41, and      her current role.
     Christos Economou began a career         also tipped in some quarters as a man to
as a Wall Street M&A banker before            keep an eye out for in the future — her          Among her accomplishments
joining his father’s shipping group.          responsibilities on the board include       was to represent the interests of the
Although he spends the lion’s share of        new business, key account management        single-ship companies that owned
his time leading the LNG division, the        and purchasing.                             ER Savannah and ER Beijing during
Tufts and MIT economics graduate is                                                       the restructuring of Israeli boxship
nowadays involved in virtually every               Ms Rickmers studied                    outfit Zim.
aspect of the shipping business.              international business administration,
                                              achieving a diploma from Vienna’s                She also developed a knowledge
     A brother has also recently begun        Wirtschaftsuniversität Wien and a           of marine operations, marine
working at the group.                         master’s degree from the prestigious        accounting and projects, and expertise
                                              multi-campus ESCP Europe business           in some of the technical aspects of the
     Already a key figure in the business     school.                                     business, including sulphur emission
is Mr Economou’s nephew, Anthony                                                          control areas.
Kandylidis, 38, the son of DryShips board          In addition, she has gained practical
member Chryssoula Kandylidis.                 experience working for international             Outside of work, Ms Rickmers’
                                              companies in locations including            interests include fashion and art, and
     Back in 2006, Mr Kandylidis              Shanghai, London and Madrid.                she is a fan of well-known German
established OceanFreight, which listed                                                    photographer Sophie von Hanau.
on Nasdaq the following year.

     The venture, which went from a
mixed fleet to being more dry bulk-
focused, lasted as an independent owner
until 2011, when it was absorbed by
DryShips.

     Mr Kandylidis graduated magna
cum laude from Brown University and
thereafter obtained a master’s degree in
Ocean Systems Management at MIT. He
started his career at OMI Corporation,
where responsibilities spanned sale
and purchase, chartering, FFA trading,
corporate finance and strategic
planning.

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