CMA CGM has bought four more traditional panamax and sub-panamax container ships in deals worth an estimated $230m.
The French liner operator is acquiring two of Mandarin Shipping’s 1,700-teu vessels and two 4,250-teu vessels from XT Shipping of Israel.
Haifa-based XT Shipping is selling the 4,250-teu Zim Tarragona and sister Zim Constanza (both built 2010) for close to $72m each, according to brokers.
