Two former SM Line containerships have eluded, at least for the time being, the recycling torch due to the fall in scrap prices.
Cash buyer GMS confirms it has sold the 1,620-teu Bangkok (built 1999, ex-SM Bangkok) to a Greek trading buyer.
The 1,641-teu Lila Hochiminh (built 1998, ex-SM Hochiminh) has been chartered out for around six months. It is due for special survey in April 2020.
