Maersk Buys 4 TEU Ships, Likely To Be Renamed

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  • The last boxships with the prefix of CSAV, a Chilean liner brand, are set to be renamed.
  • Four 8,600 teu ships – the CSAV TyndallCSAV ToconaoCSAV Traiguen and CSAV Trancura – controlled by Zodiac Maritime and Eastern Pacific have been sold.
  • Also, chartered on to Maersk for a period of in excess of 40 months. No details on the sale prices nor the charter rates have been revealed.

A recent news article published in the Splash 247 written by Sam Chambers highlights that last CSAV ships are taken on charter by Maersk.

First three ships sold

  • The first three ships have been sold to to JP Morgan, while the Eastern Pacific unit has gone to XT Shipping of Israel, according to Alphaliner.
  • The ships were built in 2013 and 2014 at Daewoo’s Mangalia yard in Romania.

Four ships likely to be renamed

The four ships are likely to be renamed when they come off hire from Hapag-Lloyd and move to Maersk.

It is marking the disappearance of the CSAV prefix from containership names.

These four units being the last to carry the initials of the Chilean shipping line, Compañía Sud Americana de Vapores, which merged with Hapag-Lloyd in 2014.

Maersk’s naming traditions

Maersk’s naming traditions tend to mean a ship with a prefix Maersk is chartered in, while a ship where the name Maersk appears second signifies it is owned by the Danish carrier.

Maersk has been very active in the red hot boxship chartering markets this month.

Maersk set new charter highs

Maersk set new charter highs a week ago, taking – or extending – three 4,600 teu classic panamaxes controlled by V Ships Hamburg, the Northern PriorityNorthern Promotion and Northern Precision.

It is for period employments of 24 to 27 months at $35,000 a day, according to Alphaliner.

Maersk has also chartered two other classic panamaxes this month – the 4,253 teu Xiamen and the 4,252 teu Nagoya Tower, both from Zodiac Maritime for 30 months at $32,000 a day.

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Source: Splash247