Wan Hai Lines has purchased one of its chartered ships after setting aside $200m for second-hand vessel purchases.
In a Taiwan Stock Exchange filing on Friday, Wan Hai said it had bought the 1,700 teu Box Express (pictured above) for $40.5m, having chartered the ship since June.
The 2016-built Box Express and sister vessels Box Endeavour and Box Endurance were commissioned by Greek tonnage provider Allseas Marine at CSSC Huangpu Wenchong Shipbuilding. Wan Hai has …

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Source: The Loadstar