A price of around $5.24m for the KG (limited partnership)-owned, 3,400-teu Hammonia Jutlandia (built 2006) means its German bankers will take a further hit and reflects how far values have sunk.

 

Months on the block

The vessel has been on sale for several months and the deal comes just two months after a sistership, the Stadt Aachen (built 2007), was sold for nearly $2m more.

That