An investment project worth up to $1bn is being put together by one of Germany’s leading boxship owners.

Hamburg-based Offen Group is keen to attract investors into an investment platform that will hold between 13 and 15 large containerships already in its fleet and that have long-term charters, according to financial director Frank Bergert.

The project comprising vessels of 5,600 teu to 14,000 teu could take shape next year, although the ships have long-term time charters through to 2026, Bergert says.