Minerva Acquires 1,781 TEU Mindoro for $31.5M, Expanding Young Container Ship Fleet
Greek shipping company Minerva Marine has acquired the three-year-old, 1,781 TEU container vessel Mindoro from Germany’s Briese Schiffahrt for US$31.5 million. The ship has since been renamed Little Symphony and continues operating under a time charter to Hapag-Lloyd through late 2025.
Renamed Little Symphony, Vessel Remains on Charter to Hapag-Lloyd
The sale represents a solid return for Briese Schiffahrt, which originally ordered the vessel in 2021 for US$26 million. Built in 2022 and chartered to a top-tier operator, the *Little Symphony* reflects a trend among Greek owners to grow their modern fleets via second-hand acquisitions of quality feeder vessels.
Briese Schiffahrt Nets Profitable Exit on Modern Feeder Ship
With demand still strong for fuel-efficient feeder container ships, the vessel adds a well-positioned asset to Minerva’s growing portfolio. Its contract with Hapag-Lloyd ensures revenue visibility through Q4 2025, enhancing fleet economics during global rate fluctuations.
Minerva’s Strategy: A Modern, Charter-Backed Container Fleet
- New Name: Little Symphony
- Capacity: 1,781 TEUs
- Build Year: 2022
- Seller: Briese Schiffahrt
- Buyer: Minerva Marine
- Charter Status: Hapag-Lloyd through Q4 2025
- Minerva Container Fleet: 7 vessels (all built 2022 or later)
Steady Expansion in High-Quality Container Tonnage
With *Little Symphony*, Minerva continues to position itself as a serious player in the post-2020 container tonnage realignment. Backed by long-