Three ships destined to enter service for Tailwind Shipping Lines — the container division of supermarket chain Lidl — have been fixed for short periods.

The vessels of between 3,500 and 5,000 teu have been fixed to liner giants Hapag-Lloyd, Mediterranean Shipping Co (MSC) and CMA CGM, according to brokers.

The move comes in a market that lacks clear direction and falling asset values have left MSC as practically the only buyer.