2027.50 Sydney Express 9,019 Details 2029.75
2016
Built: 2016
Yard: Hanjin
TEU - Nominal: 9,019
TEU - 14 mt: 7,532
Reefers: 1,500
LWT: 31,254
Flag: Liberia
Post-Panamax
Geared
Wide Beam (New Design)
Eco
Scrubber-Fitted
Earliest Charter Expiry: 3Q27
Latest Charter Expiry: 4Q29
Additional Information
Modern design, high reefer capacity, fuel-efficient “ECO” vessel. Sydney Express, Istanbul Express, Bremerhaven Express and Czech were contracted for purchase in 4Q2024, with three vessels delivered in December 2024 and the fourth in January 2025. Contract cover for each vessel is for a varied median firm duration extending for an average of 1.7 years, or up to an average of 5.1 years if all charterers’ options are exercised. Sydney Express, Istanbul Express, Bremerhaven Express and Czech charters are expected to generate average annualized Adjusted EBITDA of approximately $9.5 million per ship. 12 month extension options were exercised in 3Q 2025 for Bremerhaven Express and Sydney Express.