Evangelos Marinakis is in line to secure a series of five modern neo-panamax boxships from the Hanjin Shipping stable in a deal that sets a new price benchmark for such vessels.

Marinakis’ Capital Ship Management is understood to have been confirmed as the highest bidder for the 10,000-teu series, tabling an offer of more than $150m en bloc. Some sources put it as high as $160m.

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