Ship Finance to buy 2 big containerships
Ship Finance International Ltd. said it has agreed to acquire two 13,800-TEU container vessels, the Magellan and Corte Real, from CMA CGM and charter them back to the French liner company for 15 years.
The gross purchase price is $171 million per vessel. The ships were built last year.
Chief Executive Officer Ole B. Hjertaker said the deal expands “expands our presence in the container sector, which is one of the sectors where we see interesting growth opportunities going forward.”
Ship Finance has a fleet of about 70 vessels that includes crude and chemical tankers, dry bulk carriers, drill rigs and offshore supply vessels as well as container vessels.