Singapore-based owner and operator more than doubles its money on X-press Yamuna over the space of a decade

Singapore-based feeder container company X-Press Feeders is reported by brokers to have sold one of its oldest, smallest containerships.

The 1,162-teu X-Press Yamuna (built 1998), one of a batch the company acquired on the cheap when it moved into shipowning a decade ago, is said to have been sold to Middle Eastern interests.

X-Press Feeders paid $3.8m for the X-Press Yamuna when bought as Laurita Rickmers in December 2012.

TradeWinds is part of NHST Media group. To read more about NHST Media Group, click here

TradeWinds is part of NHST Media Group AS. From November 1st NHST Media Group is responsible for controlling your data on TradeWinds.

We use your data to ensure you have a secure and enjoyable user experience when visiting our site. You can read more about how we handle your information in our privacy policy.

NHST Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors. Read more about NHST Media Group here.

TradeWinds is part of NHST Global Publications AS and we are responsible for the data that you register with us, and the data we collect when you visit our websites. We use cookies in a variety of ways to improve your experience, such as keeping NHST websites reliable and secure, personalising content and ads and to analyse how our sites are being used. For more information and how to manage your privacy settings, please refer to our privacy and cookie policies.