News / TS Lines offloads more feeder vessels in 'fleet streamlining'

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The TS Lines ’fire-sale’ of ships has continued with the sale of three mores, bringing the total to nine offloaded since February, in what it called fleet streamlining.

Brokers report that in the past week, TS Hongkong (1,530 teu, built 2006), TS Haiphong and TS Laemchabang (both 1,730 teu, built 2016) had new owners.

Company sources told The Loadstar TS Lines wanted to shed excess vessels, having exited long-haul lanes after freight rates fell to pre-Covid levels.

One said: “We can’t have too many ...