Germany’s Hapag-Lloyd is reportedly looking to charter or buy up to 10 neo-panamax newbuildings from Evangelos Marinakis' Capital Ship Management and Lou Kollakis’ Chartworld Shipping.

The liner operator is tying up deals involving a series of high-reefer, 13,000-teu vessels that are under construction in China and South Korea.

Alphaliner reports that half of the ships involved in the deal will be purchased, and the other half will be chartered.