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Wan Hai buys two secondhand feeder vessels for $25m

Wan Hai buys two secondhand feeder vessels for $25m
Taiwan’s Wan Hai Lines has purchased a pair of secondhand feeder vessels at a total price of $25m from Mi-Das Line, wholly-owned by Japan’s Doun Kisen Co.

Wan Hai, largely an intra-Asia player, took over the two 1,805-teu container vessels on Monday, the Taipei-listed company announced in a brief statement.

The feeder vessels Sao Paulo and Ho Chi Minh, both built in 2008, are sold at $12.5m each to Wan Hai.