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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
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

Seaspan to supply container fleet with green fuels

Seaspan has a new strategy underway, through which the major tonnage provider plans to use its network to enter a number of a new business areas, with one area being delivery of green fuel to its customers.

Further reading

Related articles

Latest news

See all jobs