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Seaspan Corporation acquires 15,000 teu boxship pair

Seaspan Corporation acquires 15,000 teu boxship pair

Seaspan Corporation has announced that it has entered into a long-term charter agreement with a major liner to buy two 15,000 teu scrubber-equipped containerships.

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“This transaction further demonstrates our consistent quality growth through our creative customer partnerships despite the market cycles.  Seaspan’s fleet composition is optimized with each new vessel, enabling us to provide our customers with more scale, efficiency, flexibility and reliability. The additions of these high-quality vessels also extend our long-term contracted revenue profile," said Bing Chen, chairman, president and CEO of Seaspan.

Although Seaspan did not name the two ships, Splash can confirm that the seller is Idan Ofer's Eastern Pacific Shipping, which will have profited handsomely from the selling of the pair, which are on charter to CMA CGM.

Seaspan plans to fund the vessels with a mix of additional borrowings and cash on hand, with delivery anticipated in the second quarter.

Seaspan had a global fleet of 127 ships with a gross size of 1,073,000 teu. Since December 2020, Seaspan has announced the addition of 17 newbuild vessels to its fleet, including five 12,200 teu, two 24,000 teu, and ten 15,000 teu dual-fuel LNG vessels, totaling 289,000 teu.

Maritime Business World

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