Taiwan’s CSBC Corp has sold four 3,000-teu container ship newbuildings that the shipyard “ordered under its own account” to Wan Hai Lines for between $212m and $230m.

In a regulatory filing to the Taiwan Stock Exchange, Wan Hai disclosed that it has acquired the quartet for between $53m and $55m per ship.

The Asian liner company said there is a short supply of vessels for the boxship sector and the four newbuildings that it has bought from CSBC will be replacing some of the chartered vessels and older ships in its fleet.