Seaspan lands billion dollar deal with Chinese bank

Container operator Seaspan has entered into an agreement with Chinese bank CEXIM for a credit facility of up to one billion USD to fund new vessels built at Chinese shipyards over the next three years
Photo: Hamborg Havn
Photo: Hamborg Havn
BY KATRINE GRØNVALD RAUN

Seaspan has secured capital to pursue its aggressive fleet growth as recently announced by container operator. In a corporate statement to the New York Stock Exchange where the company is listed, Seaspan announced that it has signed a framework agreement with the Chinese Export and Import bank (CEXIM) for an export credit facility of up to USD one billion.

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