Containership buyers are returning to the classic panamax sector, taking advantage of low prices in a segment that some had written off.
Traditional feedership players Elbdeich Reederei and Borealis Maritime have been picking up tonnage at a time when rates for the sector are showing signs of recovery.
Peter Frese-led Elbdeich has made its first move into the baby panamax sector by buying its largest containership to date.
