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Containers Finance Sale and Purchase

Contships pushes ahead with fleet renewal

  • Recent acquisition of five ships from MPC balanced by several sale deals
  • Contships fleet will number 39 after all transactions complete
  • In debut public results, company dipped into the red in fourth quarter, but reports a $34m profit for 12 months of 2024

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Secondhand strategy accords with reality of high newbuilding prices for feeders unjustified by current charter rates, according to Clarksons Securities research

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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