Report: Another 13-year-old containership scrapped

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.
Upcoming FreightWaves Events
Compliance

Brokerage Compliance Symposium

The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.

October 26, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
Awards

F3 Awards Dinner

The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.

October 26, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
FreightTech

F3: Future of Freight Festival

Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.

October 27, 2026 – October 28, 2026
The Signal at Chattanooga Choo Choo • Chattanooga, TN
Register Now
Compliance Brokerage Compliance Symposium Oct 26 • The Signal at Chattanooga Choo Choo • Chattanooga, TN

The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.

The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now
Awards F3 Awards Dinner Oct 26 • The Signal at Chattanooga Choo Choo • Chattanooga, TN

The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.

The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now
FreightTech F3: Future of Freight Festival Oct 27 – Oct 28 • The Signal at Chattanooga Choo Choo • Chattanooga, TN

Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.

The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now