Borealis adds another boxship

Borealis adds another boxship

Aggressive UK-based owner Borealis Maritime continues to pile on the tonnage. Multiple broking reports have the Christoph Toepfer-led company paying KG Projex $10.1m for the 12-year-old 2,510 teu Hermes boxship, a price brokers Braemar ACM described as “roughly in line” with recent sales.

The last Borealis acquisition reported by Splash was in mid-February when it acquired the 2012-built 3,421 teu HS Rossini from German owner Hansa Treuhand for $11.2m.

Founded in 2010, the Borealis fleet today stands at 64 ships, led by smaller boxships as well as six bulk carriers, a pair of LPG carriers, 13 chemical tankers and one product carrier.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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2 Comments

  1. Julian
    May 2, 2018 at 3:06 pm

    Link says year build as 1994 but article mentions 12 year old vessel. One of the informations is wrong!

    1. Grant Rowles
      Grant Rowles
      May 2, 2018 at 3:08 pm

      Hi Julian, the link was pointing to the wrong Hermes. Have updated it now, thanks.