Germany’s Johs Thode has finally exited the shipowning business.
The Hamburg-based shipowner is understood to have sold its last vessel, the 1,118-teu Hanse Fortune (built 2006).
The container feeder vessel was the last of four vessels to be sold in the past few weeks.
Details of the transaction remain unclear, but German financial sources said the companies that owned the Thode ships were declared insolvent and the vessels have been hived-off by administrators.
