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Huxley’s Mandarin Shipping left with one ship following latest sales

Broking reports indicate Tim Huxley-led Mandarin Shipping is left with just one ship following its latest boxship sales.

Mandarin is understood to have sold the 2017-built, 1,756 teu Mount Kellett to CMA CGM for $45m with the one year older sister vessel, Mount Butler, sold for an undisclosed sum to the same French line.

The deal leaves Mandarin with just the 1,700 teu Mount Cameron. Huxley formed Mandarin with fellow former Clarksons broker Will Fairclough in 2006. All the company’s ships are named after mountains in Hong Kong.

Busy CMA CGM, meanwhile, is also reported to have bought two 12-year-old sister ships, the 4,250 teu ZIM Tarragona and ZIM Constanza, for $72m each.

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.


  1. Seems like the smart money for shipowners in the current climate is… not to be a shipowner. Fair play to them, prices are crazy high and there are lots or rich shipping lines looking to spend their profits. i’d bet they will be back with a bigger fleet in a few years time if we’re heading into a worldwide recession?

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