MSC takes 1,102 teu sister ships

Mediterranean Shipping Co’s (MSC) remarkable secondhand tonnage buying spree is not over. Multiple broking sources link the Aponte family-controlled line with the acquisition of two 18-year-old, 1,102 teu sisterships.

MSC has laid down $14m en bloc for the Contship Hub and the Contship Gem. Contships bought the pair for $5.5m each back in 2016. The vessels were already on charter to MSC.

According to Alphaliner data, this latest swoop takes MSC’s secondhand buying spree to 49 ships since last August.

Meanwhile, Contships has moved for the 957 teu Vega Omikron from German owner Vega Reederei. No price has been revealed for the vessel, which has been renamed Alpha Legacy.

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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