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Containers Sale and Purchase International

Private equity fund makes containership killing

Advent International Corp sells two boxships acquired as part of purchase of distressed KG funds at five times their purchase value

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High price paid is a further sign that in the scramble for tonnage, container lines are prepared to pay whatever it takes to secure capacity as charter rates surpass $100,000 per day

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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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