On French Lake, Mariners Learn How Not to Get Stuck in the Suez Canal
By Stephane Mahe PORT REVEL, France, April 21 (Reuters) – Francois Mayor nudged back on the power and made a subtle adjustment on the wheel as he coaxed his cargo...
Seaspan Corporation is continuing its newbuilding spree with an order for six 15,000 TEU containerships.
The containerships are anticipated to be financed from existing liquidity and additional borrowings.
Seaspan said the latest newbuild agreements were entered into with a major shipyard. Upon delivery in late 2023, the vessels will enter into long-term charters with a global liner.
“With our recently announced 31 newbuilds, it is a strong testament to the trust our customers have in our long-term partnerships,” Bing Chen, Chairman, President and CEO of Seaspan. “I am extremely proud of our team who has flawlessly executed these complex projects leveraging our operational excellence and fully integrated platform. I am confident that the relentless focus on our core competencies prove our resiliency and ability to achieve quality growth despite all market challenges and cycles.”
Seaspan Corporation is a wholly owned subsidiary of Atlas Corp. (NYSE: ATCO). As of September 30, 2020, Seaspan’s global fleet consisted of 127 vessels and approximately 1,073,000 TEU.
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