Vega Reederei Makes Profit In Resale Deal

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Vega Reederei has almost doubled its money on the resale of four containerships to French liner CMA CGM, currently under construction at China’s Yangfan Group, says an article published in Splash247.

Profits

According to London-based Braemar ACM, the German owner has gained about $44.5m for each of the 1,900 teu ships, resulting in an $86m profit for the quartet.

The Hamburg-based company booked four newbuildings at Yangfan in May last year for a reported price of $23m.

The vessels were scheduled for delivery in Q4 2022 and early 2023.

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Source: Splash247

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