Arne Blystad’s Songa Container has announced the sale of the 2013-built 4,957 TEU post-Panamax boxship, Songa Toscana.

The vessel was sold for $42.3m, far in excess of the $32.7m valuation according to both VesselsValue and MSI. The buyer was not named. Songa had originally picked the ship up for just $23m.

The Yangzijiang-built ship is currently on charter to Taiwan’s TS Lines at $17,700 per day according to VesselsValue.

Delivery to the new owner is scheduled at the end of the charter and is scheduled to complete before the end of March.