NewsRussia trade newcomer swoops as TS Lines sells redundant box ships

September 14, 2023by 0

Taiwanese intra-Asia carrier TS Lines has sold nine ships this year, as it continues “to right-size its fleet” after exiting long-haul lanes.
Brokers report the 2016-built 1,730 teu pair, TS Laemchabang and TS Haiphong, were the latest to leave the fleet, with handover to buyers this month and last.
TS Lines sold the ships for $23.5m each, realising a $6.6m profit on each. The Taiwanese line bought them from German tonnage provider …

The post Russia trade newcomer swoops as TS Lines sells redundant box ships appeared first on The Loadstar.

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