ContainersMiddle East

Global Feeder Shipping acquires boxship from Arkas

Photo of Jason Jiang Jason JiangNovember 2, 2020
853 Less than a minute
Arkas Line

Global Feeder Shipping has announced the acquisition of the 2002-built 2,764 teu boxship SM Mahi.

The vessel, renamed from Electra A, was acquired from Turkish owner Arkas. VesselsValue’s valuation of the ship is $4.44m.

It is the company’s third vessel acquisition this year. The company says the ship will be deployed on its Jebel Ali – Jeddah – Sokhna service.

Global Feeder Shipping took over the liner operations of Dubai-based Simatech in 2018 and mainly provides services in the Middle East Gulf and between the Middle East and the Indian sub-continent.

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Photo of Jason Jiang Jason JiangNovember 2, 2020
853 Less than a minute
Photo of Jason Jiang

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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