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You are here: Home Archive 2009 December Weekly Edition 23rd December 2009 Right time for containership investment

Right time for containership investment

by Steve Matthews, London last modified Dec 24, 2009 10:56 AM

NOW could be a good time to consider investing in containerships despite the poor state of the liner and boxship charter markets, according to chief executive of DVB Bank’s shipping division Dagfinn Lunde.

He told Lloyd’s List that the bank had recently agreed to finance a pair of 6,000 teu containerships for a German owner.
“No one else was interested, but it was a good deal with five-year charters at a rate that...

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