Greece’s Contships Management Inc is claiming a place among the world’s 20 biggest players in the feeder containership market barely two years after being established.

The company has invested about $100m acquiring 19 boxships of between 700 teu and 1,100 teu, betting on growing demand in intra-regional trade against the backdrop of port restrictions for bigger vessels and favourable fleet dynamics, says Maurice Dheere, Contships Management’s chief financial officer and deputy chief executive.

“We