Elbdeich Reederei Buys Boxship Trio

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According to brokers, Elbdeich Reederei bought three sister vessels owned by Wessels Reederei, says an article published in Splash 247.

Purchase details

Elbdeich has paid €24m ($29m) for the 1,036 teu trio Wes Amelie (2010), Wes Janine (2012), and Wes Carina (2011) according to Braemar ACM. 

The Chinese-built ships were sold in a bank sale according to VesselsValue, who value the three ships at a total of $29.02m.

Elbdeich Reederei  fleet

According to VesselsValue, Elbdeich Reederei currently owns 11 box ships.

Braemar ACM expects more small feeder boxships to change hands as prices firm, commenting: 

“With even standard 1100s now commanding five figures, we expect more small-Feeders to be transacted”.

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Source: Splash 247