St Kitts & Nevis-registered Nina, which specialises in buying vessels for recycling, has delivered several panamax-size containerships to shipbreakers in India and Bangladesh in recent months.

The company acquired the Henna in late January and wasted no time getting it ready for its final voyage. It was seen near Singapore last week, renamed Hen.

The sale in effect ends HNA’s attempt to gain a foothold in the Chinese cruise market.