Safetrans Line, the China-based Russia-focused liner operator, has cashed out on all four
container ships.
The Panamax vessels, SFT Egypt, SFT China, SFT Saudi and SFT Turkey, have all been sold to the Mediterranean Shipping Company (MSC), which continues to build its lead over its peers.
The sales price of the ships was not disclosed, although Linerlytica stated in its report this
week that Safetrans will realise a profit of US$20 million on each vessel.
MSC has taken delivery of SFT Egypt and...
https://container-news.com/msc-buys-all-four-of-safetrans-ships/