Awilco, the Oslo-based subsidiary of Awilhelmsen, has made a surprise entry into the containership market.
In an off-market deal, the Norwegian shipowner has purchased six boxships, two of them with US-based investor Wilbur Ross and his Transport Recovery Fund (TRF).
A new company, Awilco Container, has been set up to own the ships. The panamax vessels were built between 2009 and 2011 and had all been owned by German KG (limited partnership) companies.
