Boxship owners are spoilt for choice when it comes to investing cash banked in red-hot markets.

Clarksons Platou Securities said the varying approaches shown by Atlas Corp, MPC Container Ships (MPCC) and others highlight the "differentiation" in commoditised shipping sectors.

"Containership owners have become flush with cash, reduced leverage materially and have gained access to capital much more so than in recent years," analysts Frode Morkedal and Omar Nokta said.