Belgian shipowner CMB has cashed in on the sale of a traditional panamax boxship, in a sign that values are catching up with a rising charter market.

Its container shipowning division, Delphis, sold the 4,400-teu Robin Hunter (built 2010) to Hong Kong’s TS Lines for a reported $12.2m.

Delphis managing director Maxime Van Eecke declined to comment on the price but confirmed that the owner had completed “an opportunistic sale”.