It may be time for sale-and-purchase-savvy shipowners to focus on bulkers following steep rises in boxship prices.

German shipbroker Hanse Bereederung has warned that containership asset values could plunge just as steeply as they have soared if booming markets take a turn for the worse.

Alex Karydis, director of chartering and sale and purchase at Hanse, told TradeWinds: "Is it a good time now to invest? Yes, but it depends on what deal.