As previously reported, the newbuilds will be equipped with scrubbers and emissions-reduction technologies. According to Seaspan, deliveries will begin in the second half of 2023 and continue until mid-year 2024.

The vessels will join long-term charters with unidentified global liner companies once they are completed. Additional borrowings and cash on hand are expected to be used to fund the units.

Seaspan's global fleet consisted of 127 vessels and nearly 1,073,200 TEU as of December 31, 2020.

Seaspan has announced the addition of a total of 580,000 TEU represented by 39 vessels, including 37 newbuild vessels, and the purchase of two vessels in the secondary markets, beginning in December 2020, bringing total capacity to 1,653,200 TEU on a fully delivered basis.

Maritime Business World