Lomar Shipping has netted $900m in profits from vessels sold during the container shipping boom.

The UK-based shipping subsidiary of George Logothetis-led Libra Group bagged around $1.46bn from the sale of vessels sold over the historic two-year container rally.

The programme reached its conclusion this month with the delivery of four 1,100-teu vessels to Nikolas Pateras’ Contships Management.