Arne Blystad has quietly started a new private company to buy small containerships while in the process of selling off his majority-owned Songa Container.

The new 100% Blystad-owned Songa Box accumulated three containerships this spring in the same size bracket as the Songa Container fleet, according to Fredrik Platou, managing director of the Norwegian shipowner's eponymous company.

The purchases have mainly been unreported or misreported.

"We've stayed mostly under the radar," he told TradeWinds following the sale of Songa Container to MPC Container Ships (MPCC).