Wan Hai Lines has bought its 12 containership since December taking its spending in the S&P market to nearly $300m over the last three months.

The Taiwanese shipowner confirmed in a regulatory filing that it has acquired the 4,178-teu Toucan Hunter (built 2010) for $21m.

This is reported to be the third ship Wan Hai has acquired from Belgian shipowner Compagnie Maritime Belge (CMB) since late last year.