Seaspan Corporation projects strong market ahead of 2024

The many orders placed recently by the world's biggest shipowner, Seaspan, are an expression of a colossal confidence in the current market, COO Torsten Holst Pedersen explains in an interview with ShippingWatch. He rejects the criticism of LNG, put forward by, among others, Maersk.

Almost all of our orders are within the 10-15,000 teu segment, which we perceive as our work-horses for the years to come," says Seaspan COO, Torsten Holst Pedersen. | Photo: Seaspan

The world's largest provider of container vessels, Vancouver-based Seaspan Corporation, firmly believes that the market for chartering out vessels, and in that way also the fundamental market for transporting containers, will remain strong for years to come.

Perhaps all the way up to 2023 or 2024, Seaspan Corporation COO, Torsten Holst Pedersen, predicts. For these years, he expects the company, listed on the New York Stock Exchange through parent company Atlas Corporation, to experience a solid market, not least kick-started by the unusual situation triggered by the coronavirus pandemic.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Long Beach logjam of container vessels grows to 80

Bottlenecks at major US container ports in continue to grow, with the ports of Long Beach and Los Angeles being the worst hit at the moment. Here, 80 vessels are waiting to berth, according to new figures form Vessels Value.

Further reading

Related articles

Trial banner

Latest news

See all jobs