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

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.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading