Dutch shipbuilder Damen has been awarded a contract to build two hybrid LNG/battery-powered roll-on/roll-off ferries for British Columbia-based Seaspan Ferries. The vessels will be constructed at Damen's shipyard in Mangalia, Romania with delivery planned for 2021. The 149-meter vessels will be built with 1,034 lane meters and have 209 cubic meter LNG storage onboard, as … [Read more...]
Containership Operator Seaspan Exploring Opportunities in LNG
Hong Kong-based containership operator Seaspan Corporation has signed a framework agreement with COSCO Shipping's energy transportation unit for a strategic cooperation related to exploring opportunities in liquified natural gas. COSCO Shipping Energy specializes in the transportation of LNG, oil products, and other energy products under China COSCO Shipping Corporation, and … [Read more...]
Seaspan Completes Dry Docking of Ice-Strengthened Expedition Ship SILVER EXPLORER
Seaspan, the large Canadian marine conglomerate, announced this week that its Vancouver Drydock division recently completed a project on the innovative ice-classed passenger liner SILVER EXPLORER. The Bahamian-flagged SILVER EXPLORER is a 354’ expedition cruise ship that carries 144 passengers and 118 crew. She’s been classed Lloyds since delivery in 1989 and is … [Read more...]
Seaspan Diversifies as it Steps In to Take Control and Save Swiber
By Mike Wackett (The Loadstar) - Seaspan, the world’s largest non-operating containership owner, has announced its first significant investment outside the sector, suggesting it intends to diversify its business model. The New York-listed lessor, with an operating fleet of 112 ships, said it planned to invest up to $200m in the restructured Singapore-based oilfield services … [Read more...]
Fairfax Commits to New $500 Million Investment in Containership Owner Seaspan
By Scott Deveau (Bloomberg) -- Fairfax Financial Holdings Ltd., the investment firm run by Prem Watsa, is preparing to increase its investment in Seaspan Corp. by $500 million to help fund the containership owner’s takeover ambitions. Fairfax plans to exercise warrants to buy 77 million shares in the Hong Kong-based company at $6.50 per share in two phases starting this … [Read more...]