Germany’s Reederei Nord cashed in on the staggering rise in boxship prices with the sale of a pair of baby panamaxes for three times what a sistership fetched just a few months ago.
The Hamburg-based owner is hiving of the 3,586-teu Nordsummer (built 2007) and Nordautumn (built 2008) for an en-bloc price of at least $66m.
That is about three times what the company netted in December for the 3,586-teu sistership AS Nadia (ex-Nordspring, built 2007).
