A Mitsubishi-backed, US-based fund is negotiating its first move in the container shipping sector by targeting the $100m acquisition of a pair of post-panamax boxships.
MC Seamax, an investment vehicle of Mitsubishi Corp in Japan, is said to be paying $53m each for the 8,000-teu OOCL Shenzhen and OOCL Long Beach (both built 2003), say broking sources.
The prospective sale to MC Seamax Shipping Opportunities Fund is understood to include a three-year charter back to Hong Kong liner operator OOCL.
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