Straits Orient Lines (SOL) has grown its fleet to a dozen ships, after buying a pair of feeder vessels formerly operated by Heung-A Line.
The Singapore-based feeder operator has acquired the 1997-built 653 teu sister vessels Heung-A Jakarta and Heung-A Manila for $5.5m each from Global Skipsholding II, a Norwegian shipping fund owned by US investment group Blackstone.
SOL is just one of many operators buying ships since freight rates began their …

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Source: The Loadstar