UK shipping fund Tufton Oceanic Assets is eyeing more purchases after selling a feedership for more than double what it paid three years ago.

The London-listed company has agreed to divest an unnamed vessel for $21.5m, after paying $10.25m for it in February 2018.

The ship is likely to be one of the 1,700-teu sisters MCC Kyoto and MCC Seoul (both built 2008), acquired from MCC Transport.