Reederei Stefan Patjens has sold a 13-year-old "maxi-panamax" containership for demolition.
The 5,041-teu Elise (built 2006) has gone for $460 per ldt, or $9.4m, according to European scrap and containership brokers.
The sale comes as the idled fleet of traditional panamax boxships hits its highest level in more than two years.
Patjens is understood to have sold the Elise on an “as is” basis in China, with 180 tonnes of bunkers onboard.