Sold-out boxship market drives bulk-to-container conversions

The sustained strength of the container market is prompting shipowners to reach beyond the orderbook for solutions, with plans now underway to convert at least two supramax bulk carriers into cellular container vessels of around 2,500 teu, according to Alphaliner. The vessels earmarked for conversion are Diamond 53 type open-hatch supramaxes, primarily built between 2005 …

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