MSC Seals A $15M Second-hand Containership Deal

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Swiss-headquartered containerline Mediterranean Shipping Company (MSC) continues to hoover up second-hand boxships at pace with the latest deal, reports Splash247.

$15m Lomar deal

MSC has acquired the 2005-built 4,934 teu Texas Trader from Lomar Shipping in the last few days, paying around $15m according to brokers.

The price is significantly higher than the $10.36m valuation placed on the ship by VesselsValue, and additionally the vessel is due for a special survey at the end of this month.

Low carbon newbuildings

Over the last few months, MSC has bought 19 ships worth more than $290m in the secondhand market despite maintaining that the company’s focus is its fleet investment programme for ultra-large low-carbon-design newbuildings.

Analysts Sea-Intelligence suggested in a recent report that MSC might soon overtake Maersk as the world’s largest carrier.

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Source: Splash247

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