A flurry of traditional panamax boxship sales have highlighted renewed buyer interest in the segment after a fall in vessel prices.
Names such as Borealis Maritime, Sinokor Merchant Marine and Celsius Shipping have all emerged as recent buyers of traditional panamax boxships.
And the circulation of more boxships for sale is likely to place further pressure on asset values.
The renewal in buying interest comes as charter fixtures point to a slight improvement in rates for panamaxes.
