Borealis Finance has confirmed it has sold a 2005 sub-panamax boxship for $8m.

It said the 2,478-teu Strauss has now been delivered to its new owner.

TradeWinds reported last month the unit had gone to clients of Greece’s Conbulk Shipmanagement for about $8.2m.

The addition brings Conbulk's fleet to 11 boxships and one bulk carrier, according to VesselsValue.