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International Containers Sale and Purchase

Speculative boxship ordering returns as financial buyers eye sizzling container trades

Institutional investors advised by JP Morgan Asset Management UK are reported to be behind an order for 15,000 teu containerships that are not linked to a charter commitment

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Hyundai Heavy Industries has landed the deal, thought to be worth around $500m, as investors see long-term potential for container shipping that is finally producing strong profits after years of under-performance

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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