Seaspan delivers record fleet expansion

Seaspan, one of the world's largest suppliers of tonnage to container carriers, expanded its fleet like never before in the first quarter of 2021. The company's operating profit increased to USD 216 million.

Photo: PR/Seaspan

Seaspan, which charters ships to the world's largest container carriers, including Maersk, Cosco and CMA CGM, went on an elaborate shopping spree in the first quarter and made a record expansion of the fleet, states the first quarterly report from Seaspan's parent company Atlas Corp.

Seaspan's fleet expanded with 36 new container vessels with a total capacity of 536,000 teu, including 32 newbuildings and four vessels purchased in the secondary market.

Read the whole article

Get 14 days free access.
No credit card required.

  • 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

Logistics companies face 12-percent growth in 2021

The global logistics market is advancing far in 2021 and is going to take over the market seen in 2019 prior to the Covid-19 pandemic, predicts Transport Intelligence. Air freight in particular has grown as a result of bottlenecks in sea and land transport. Growth will diminish in the coming years.

Further reading

Related articles

Latest news

See all jobs