Global Feeder Shipping swoops for another Arkas boxship

Dubai-based Global Feeder Shipping (GFS) has announced the acquisition of 2003-built 2,681 teu boxship . The vessel was acquired from Turkish owner Arkas, and has been delivered into the Sima Marine fleet and renamed SM Kaveri. No price was given, while VesselsValue places a market value on the ship of $4.7m. GFS says the vessel …

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