The Bunnemann family has hived-off the last of its neo-panamax containerships in a deal that paves the way for expansion of the clan's Asiatic Lloyd and Atlantic Lloyd operations into dry bulk.

The Hamburg and Singapore-run business sold the 9,030-teu boxship Asiatic Summer (built 2014) to Navigare Capital Partners of Denmark for an undisclosed sum believed to be more than $65m.