Singapore’s Sea Consortium, which controls the feeder operator X-Press Feeders, has been on what analysts at Alphaliner describe as a “ship buying spree” since the beginning of the year, snapping up a number of bargains.
According to Alphaliner, the carrier has purchased at least six vessels with capacities ranging from 1,600 to 2,700 teu in the last three months. Once they have all delivered the Sea Consortium owned fleet will hit 30 ships.
Most of Sea Consortium’s owned ships are operated by X-Press Feeders, the world’s largest feeder operator.
