Classic post-panamax boxships are changing hands at ever higher values.

Two vessels managed by Sinokor Merchant Marine are reported to have been sold in a market in which earnings have hit their highest levels in more than a decade.

The 8,586-teu Gulf Bridge and Mediterranean Bridge (both built 2011) are said to have been sold to separate buyers, with one of them being bought for $5m more than it came close to fetching a month ago.