Box Ships has confirmed the sale of its last two containerships as part of a settlement with Credit Suisse over an outstanding loan.
The Michael Bodouroglou-led shipowner said the $31.65m loan, of which $$25.9m was currently outstanding, was satisfied in exchange for the net sale proceeds of the mortgaged vessels 5,095-teu Box Kingfisher and Box Marlin (both built 2007).
TradeWinds first reported the sale of the two nine-year old ships for demolition at the beginning of December 2017.
Greek
