Seaspan completes financing of newbuild program for 70 ships

Seaspan closes financing for 70 new container vessels part of the shipowner's newbuild program.

Photo: PR/Seaspan

The world's largest shipowner, Seaspan, has secured full financing for the 70 new vessels the company has ordered as part of a newbuild program.

Seaspan saw the final arrangements fall into place just prior to the Christmas holiday, when the company secured around USD 1.4bn set to be spent on ten 15,000-teu LNG newbuilds, according to a press release issued by Seaspan's owner, Atlas Corp.

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