In the New York-listed operator’s first-quarterearnings report chief executive Michael Bodouroglou said the 4,800-teu Box Kingwas sold to an unaffiliated third party for approximately $41.2m.
While the price tag is slightly higherthan what a leading sale-and-purchase broker believes the vessel is worth intoday’s market industry observers note the unit cost the company $54.2m, whichfollows a recent deal that saw the shipyard reduce the total by $770,000.
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