German ship owning and ship management company Ahrenkiel Steamship has sold three Panamax containerships to an unnamed South Korean buyer, brokers report.

The three vessels in question are the 2009-built Stadt Marburg and Stadt Corburg, and the 2010-built Stadt Freiburg.

All three vessels have the capacity to carry 4,380 twenty-foot equivalent units (TEUs). The vessels fetched USD 6 million each.

The boxships were built in Korea by Daewoo Shipbuilding & Marine Engineering (DSME).

Following the sale of the three vessels, Ahrenkiel’s fleet now consists of 48 containerships, six bulk carriers, and one tanker.