ship scrapping Photo © Bayazid Akter
© Bayazid Akter

A panamax container vessel idle for more than three years has finally left its berth in Brunei Bay, Malaysia – but not bound for a scrapyard.

The 2010-built 5,100 teu Cornelia 1 is understood to be heading for drydocking and reactivation in Hong Kong, after securing time charter employment.

It is the final non-operating owned panamax vessel to come out of mothballing and has been in cold lay-up for 38 months, according to Alphaliner data.

The panamax sector experienced a torrid time after the expansion of the Panama ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.