The 5,344-teu Box China (built 1996) and Box Hong Kong (built 1995), which are coming off charters to Mediterranean Shipping Co (MSC), have reportedly been sold “as is” in Singapore for $285 per ldt, or $6.75m each.
Box Ships is listed with nine units, with the remaining seven built after 2000.
Earlier this summer, the owner struck a deal with Credit Suisse and ABN AMRO to push back repayments on $132m in loans that will not now be due until the first quarter of next year.
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