Intra-Asia carrier Heung-A Shipping has sold one of its modern feeder containerships.

The 1,785-teu Heung-A Laem Chabang (built 2016) has been sold to Japanese owner Kotoku Kaiun for about $20m, according to European brokers.

The vessel is the last of three 1,785-teu designs ordered in October 2014 by, or on behalf of, the South Korean carrier for KRW 93.7bn