Simatech beefs up boxship fleet

liner Logistics

Dubai-based
Simatech
Shipping
continues
to
expand
its
fleet
with
the
purchase
of
a
German-owned
boxship.

Brokers
report
this
week
that
Simatech
is
buying
the
4,132-teu
Clivia
(built
2004)
from
Clivia
Schiffahrts
GmbH
&
Co,
a
KG
(limited
partnership)
owner
linked
to
Atlantic
Lloyd.

The
ship
is
said
to
have
gone
for
$8m,
a
price
that
is
very
close
to
its
estimated
scrap
value.

Simatech,
a
private
company
owned
by
the
Maghami
family,
acts
as
a
regional
liner
player
in
Middle

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Jonathan Boonzaier

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