A 1,679-TEU 18-year-old Korean-built gearless containership, the AS Savonia, has been sold for just US$3.6 million, indicating that prices for aging small box ships are dropping further into a chasm.
'This sets a low benchmark for the type; with one or two similar units in the market, this will not be welcome news for said sellers,' Braemar ACM observed in its latest container weekly report, reported Splash 247.
WORLD SHIPPING
'This sets a low benchmark for the type; with one or two similar units in the market, this will not be welcome news for said sellers,' Braemar ACM observed in its latest container weekly report, reported Splash 247.
WORLD SHIPPING