CMA CGM is said to be clearing out two boxships acquired via its takeover of Neptune Orient Lines.

The French line is scrapping the 4,400-teu pair APL Turquoise and APL Tourmaline (built 1996), brokers and cash buyers report.

A price of $270 per ldt is being placed on the pair, which are said to be heading for green recycling in India.

At this level, the double disposal will be worth $11.56m