ShippingWatch

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.

Read the whole article

Get 14 days free access.

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

Maersk Product Tankers expects 2022 to be "not an amazing year"

There’s no doubt that 2021 was a miserable year for the global tanker industry. But 2022 could end up strong, many parties say. Maersk Product Tankers is more doubtful. ”2022 won’t be an amazing year,” CEO Christian M. Ingerslev tells ShippingWatch.

Researcher criticizes TotalEnergies' fuel report

TotalEnergies ignores shipping’s climate adaptions in the company’s prognosis for shipping’s future fuel consumption, researcher says in criticism. Among other things, TotalEnergies supports LNG.

OOCL doubles revenue despite significant drop in volumes

Container line OOCL, owned by China’s Cosco, doubled its revenue in 2021, with the top line for Q4 alone surging by 101.4 percent, the carrier says. This major increase happens despite a dive in container liftings during the quarter.

Further reading

Related articles

Latest news

See all jobs