ISH, based in Mobile, Alabama, recently told stakeholders in its New York bankruptcy that the deal with the Tokyo shipping giant is in the process of being finalised. It could involve “up to four” PCTCs.

ISH controls the 6,000-car-equivalent-unit (ceu) Green Ridge (built 1998), 6,400-ceu Green Bay (built 2007), 5,980-ceu Green Cove (built 1999) and 5,980-ceu Green Lake (built 1998).

ISH will bareboat charter the PCTCs so they can continue to operate under the US flag with US crew members.

No