News / Outlook for panamax owners even darker as youngest ever boxship is scrapped

© Kairi Aun

The 4,546 teu 2006-built Viktoria Wulff (ex MSC Firenze) has become the youngest containership to be sold for scrap as panamax owners cut their losses and abandon employment hopes in a hopelessly depressed market.

Previously the record for the youngest boxship sold for recycling stood at 13 years old.

The 10-year-old Viktoria Wulff, built at Gdynia, had been chartered by MSC and deployed on the carrier’s Asia-Australasia services.

Brokers report that its German owners obtained $303 per LDT from breakers for the vessel “as ...