Redundant PIL, Hinode and Nissen boxships move on to new owners

Changes within the intra-Asia liner sector have led to another bevy of unwanted boxships moving on to other owners.

That they are managing to find trading buyers shows that there is still strong enough demand for smaller containerships within the market, and scrapping for ships less than 20 years old is not the necessity it has been in the larger-size sectors this year.