Lomar Shipping has entered the new year very much in the same way it exited the previous one — with a batch of profit-making sales in a booming container ship market that shows no signs of slowing.

The George Logothetis-led company realised an estimated net profit of more than $60m from divesting two relatively small container ships to Mediterranean Shipping Co (MSC).

According to London-based brokers and market sources, MSC is paying about $80m en bloc for the 3,534-teu Belmonte Express (built 2006) and 2,524-teu Cardiff Trader (built 2003).