Michael Webber of Wells Fargo Securitiessays the purchase price tied 2,458-teu Messini (built 1997) marks a new low forthis type of vessel in the sale-and-purchase market.
In a note to clients he described the subsequent 18-month fixture withEvergreen, which took the Messini for $8,100 per day and the 3,351-teu Konstantina(built 1992) for a year at $7,550 daily, as “attractive” and indicativeof its ability to grow profitability at the bottom of the cycle.
“While
