Germany’s Ernst Russ Group is building its container ship fleet again following a number of disposals in hot markets.
The Hamburg-based tonnage provider said “advantage was taken” of the positive environment to sell the 803-teu Music (built 2007) in the second quarter.
TradeWinds has cited brokers as saying this vessel became the second in the fleet of Tailwind Shipping Lines, the start-up shipowning division of giant supermarket group Lidl.