The Embiricos family — renowned asset players who made some highly lucrative boxship sales during the Covid pandemic — are making their first container ship sale in 16 months.

It comes as asset prices are rising again in the wake of Red Sea disruption.

International Maritime Enterprises (IME), the family’s Monaco-based entity, has sold one of its oldest ships, the 5,576-teu post-panamax Ikaria (renamed MSC Ikaria VI, built 2002).