Reederei Claus-Peter Offen is cutting its ties with a troubled sector of the container shipping market.
The world’s largest independent manager of boxships is hiving off its fleet of 17 gearless panamaxes in the belief that the size category “no longer has a future”.
The Hamburg-based company will have trimmed its fleet of these ships to just four following the sale this week of seven 4,100-teu, 2002-built Santa R-class units to John Fredriksen’s Ship Finance International (SFI).
“We
