Borealis Finance Sells Containership For USD 16.4 Million

Shipowner Borealis Finance, has sold one of its containerships for USD 16.4 million, to Global Ship Lease Inc.

Borealis Finance Sells Containership For USD 16.4 Million
The Bomar Bellini, When Known As Cap Byron | Image Via:

The Oslo based firm, which owns a fleet of bulk carriers and containerships, announced the selling of the 2,824 TEU containership Bomar Bellini, for $16.4 million. “The vessel was today successfully delivered to new owners” said the company. The name of the buyers however, was not disclosed. Data from VesselsValue suggest the vessel being sold to Global Ship Lease Inc.

The Bomar Bellini was built fourteen year back, in the year 2007, by the Hyundai Mipo Dockyard, South Korea, and was formerly named as Santa Bettina and Cap Byron.

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Additional data obtained from VesselsValue further suggests that the vessel is now renamed to Matson Molokai, and is currently in Long Beach, California, having recently arrived from Shanghai, China, according to AIS data.

Borealis Finance signed a binding agreement last month, to sell twelve of it’s containerships to Global Ship Lease Inc., for a total of USD 233.89 million. The vessels are scheduled to be delivered in the third quarter of 2021.

The of the twelve ships are currently on charter, with some of the leading liner operators. The remaining charter duration range between three to twenty-five months, said Global Ship Lease Inc. in June, 2021.

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These additions will expand Global Ship Lease Inc.’s fleet to 62 containerships, with a net capacity of 322,770 TEU. This would make Global Ship Lease Inc. the 8th largest non-operating owner of containerships, in terms of TEU capacity. Said the company, a month back.

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