John Fredriksen's SFL Corp has picked up a 2020-built boxship with a chequered history at a price it described as cheap in strong sale-and-purchase markets.
The New York-listed sale-and-leaseback specialist said it had acquired a 5,300-teu post-panamax, backed by a seven-year charter to AP Moller-Maersk.
The only ship to fit the description is the 5,315-teu Yangtze Shanghai (built 2020), listed in the fleet of China's New Yangtze Navigation, its only boxship in a fleet of 14 bulkers.
