Hamburg-based ship management company Hammonia Reederei sold the 3,100-TEU boxship Westphalia for scrap at a “weak” price of $240 per light displacement ton, according to a report from maritime news outlet Splash 24/7.
Hammonia Reederei is the latest company to scrap a relatively young containership, according to a report from maritime news outlet Splash 24/7.
The Hamburg-based ship management company reportedly sold the 3,100-TEU boxship Westphalia for scrap at a “weak” price of $240 per light displacement ton, Splash said.
According to ocean carrier schedule and capacity database BlueWater Reporting, the Westphalia most recently operated on CMA CGM’s Brazil Express service between the East Coast of South America, the Caribbean and Central America.
The loop operates with seven ships with an average capacity of 2,894 TEUs and a full port rotation of Vitoria, Navegantes, Paranagua, Santos, Rio de Janeiro, Salvador, Vila do Conde, Kingston, Cartagena (Colombia), Manzanillo (Panama), Manaus and Vitoria. Hamburg Sud, Maersk Line, Melfi Marine, Alianca, ANL and SeaLand all purchase slots on the Brazil Express.
London-based shipping consultant Drewry in July said containership scrapping in 2016 would double from the previous year. Drewry estimated 450,000 TEUs would be taken off the water and sold.
Just this week, ocean carrier COSCO Holdings sold five 1997-built 3,400-TEU containerships – the Na Xi He, Bu Yi He, Yu Gu He, Ha Ni He, and Jing Po He – as part of its integration with fellow state-run ocean carrier China Shipping.
That news followed containership lessor Seaspan Corp.’s decision in August to scrap the 4,646-TEU MOL Excellence and the 3,700-TEU MOL Express, both of which were built in 2003, making them some of the youngest containerships ever to be sold for scrap.
Report: Another 13-year-old containership scrapped
