Deutsche Afrika-Linien (DAL)/John T Essberger Group is on the verge of booking its first boxship newbuilding in a decade.

A DAL/Essberger spokesman confirms “ongoing negotiations” for two 2,200-teu vessels at a Chinese yard but says no contract has yet been signed.

Brokers say the new-generation feeder vessels are expected to cost around $25m each, with delivery slated for the second half of 2014.

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