Germany’s Ernst Russ Group has made its biggest container ship purchase to date.

The Frankfurt and Hamburg-listed company has acquired the 13,371-teu Rome Express (built 2010) from the fleet of Denmark’s Navigare Capital Partners.

The vessel is one of two neo-panamaxes that Navigare Capital acquired as part of a sale-and-leaseback deal in 2019 from the Dohle Group, which is the largest shareholder of Ernst Russ with a 38.2%