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Seaspan to raise millions of dollars for acquisitions

Shipowning major Seaspan has plans to raise millions of dollars that may finance new acquisitions. The company recently placed an order for five container newbuilds.

Bing Chen heads Seaspan which plans to raise million for new acquisitions. | Photo: PR/Seaspan

Shipowner Seaspan plans to raise new millions, which may be used to finance new acquisitions, informs Seaspan's stock-listed parent company, Atlas.

The funds will be raised through a private placement that is expected to secure the company roughly USD 200 million.

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