Wan Hai Lines is wasting no time in spending $200m of funding earmarked for investments in the secondhand containership market.
The Taiwanese liner operator is paying $40.8m to buy the 1,708-teu Box Express (built 2016) from the fleet of Greek manager Allseas Marine.
The carrier had set aside around TWD 5.54bn ($200m) to purchase secondhand vessels “for future operational purposes”.
