Keppel of Singapore has sold its fleet of 10 feeder containerships for $90.1m to Cyprus-based Interorient Navigation.
The group has been looking to divest itself of its shipping interests for the last few years but with booming markets it is only now it has decided to sell after talking to several European buyers.
The ships range in size from 369-teu to 1,016-teu and trade predominantly intra-Asia with services from Singapore to Vietnam and Cambodia.
