Financial Ports

Icon Energy bets $12m on boxships: why a dry bulk owner is switching lanes

CLAVE 1 / 4Icon Energy acquires 2.8% stake in a 1,800 teu eco-design containership built in 2023.

CLAVE 2 / 4Vessel chartered to an unnamed major liner operator at $24,750 per day until at least February 2028.

CLAVE 3 / 4Deal generates $12m in minimum contracted revenue for the remaining charter period.

CLAVE 4 / 4This marks Icon’s second containership investment in 2023, funded from existing cash.

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