Splash can reveal the buyers of a swathe of Japanese boxship tonnage reported sold in yesterday’s Weekly Broker S&P roundup.
Kawasaki Kisen Kaisha (K Line) has recently announced significant plans to cut back the size of its chartered-in fleet. In line with that, as many classic panamax boxships have been returned to their Japanese owners, rather than seeking another long-term charter, the ships have been sold.
Brokers tell Splash GMS, the scrap buyers, have taken the 2005-built, 4,800 teu Vecchio Bridge likely for further trading while the UK’s Borealis Maritime is the behind the acquisition of the 2009-built 4,255 teu Ambassador Bridge.
The biggest outlay from the K Line-linked clearout is from Sinokor from South Korea. Sinokor has been revealed as the buyer of five units owned by Doun Kisen including the 2009-built 4,300 teu Astoria Bridge, the 2010-built 4,500 teu Baltimore Bridge, the 2011-built 4,432 teu Brussels Bridge, the 2005-built 4,738 teu Venice Bridge and the 2009-built 4,300 teu Athens Bridge.