Seaspan cancels ship orders worth more than USD 500m
Major shipowner Seaspan has ditched four orders for LNG-powered container vessels totaling more than USD 500m and could file claims against the counterparty, according to the company’s owner, Atlas Corp.
Hafnia, Torm, Norden and Scorpio Tankers have seen big profits this year in a strong tanker market, which has been highly affected by Russia’s war in Ukraine. The carriers are now sending record-high dividends out to stakeholders.
Demand on the majority of busy container routes is now at its lowest level in three years, an influential analyst bureau reports, saying volumes may continue to plummet beyond the Chinese New Year in February.