France's CMA CGM has upped the ante in the secondhand market with the acquisition of seven containerships from different shipowners.
The liner giant company is estimated to have spent over $110m for three more feeder containerships on top of four small boxships acquired recently from the German market.
CMA CGM is acquiring the 1,732-teu Viking Merlin (built 2014), one of five boxships in the fleet of Singapore-based Norse Shipholding, with delivery slated in January next year.
