The Greek owner has sold 4,800-teu sisters Mytilini andMarathonas (both built 1991), according to brokers and cash buyers.  

Indian breakers paid an eyecatching rate of $495 per ldt, or $11.5mfor each of the panamax vessels, market sources say.

The move follows the demolition of nine vessels last yearwhile Danaos dipped into the second hand market for four units towards the endof the year.

In