Belgian shipping company Compagnie Maritime Belge (CMB) has quietly wound down its container shipping investments with private equity player Centerbridge Partners.

The cooperation between the two players ended with the Antwerp-based owner buying out the US-based investment giant.

The two companies teamed up in 2014 in a joint venture known as Delphis Hunter.

The shipowner had a minority stake of 20%, for which it performed commercial and administrative management.