From OffshoreEnergy.biz:
Seaspan Corporation, a Hong Kong-based owner and operator of container vessels and part of Atlas Corp., has entered into an agreement with an undisclosed shipyard for the construction of eight scrubber-fitted containerships.
As informed, the transaction includes firm orders for four 12,000 TEU and four 15,000 TEU vessels plus an option for four additional 15,000 TEU boxships of similar build.
According to Seaspan, the ships will feature advanced efficiency and emissions reduction technologies and, upon completion, will enter long-term charters with a major liner company.
Deliveries of the containerships are anticipated to begin in the second half of 2022 and extend through the third quarter of 2023.
The vessels are anticipated to be financed from additional borrowings as well as existing liquidity.
As of September 30, 2020, Seaspan’s global fleet consisted of 127 vessels and approximately 1,073,000 TEU, with total contracted revenue of approximately $4.1 billion, and a weighted average remaining lease period of approximately four years....
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Although not mentioned above, Seaspan announced last month that it had ordered a couple biggun's. Two 24,000 TEU monsters which, were they operating today would be the largest container ships in the world, surpassing the 23,964 TEU Algeciras-class ships that Korea's HMM is running.
We have many posts on what CEO Bing Chen and former Buffet heir apparent David Sokol are up to, some of which are linked in February's "Shipping: Hong Kong's Seaspan Cuts A Billion Dollar Charter Deal (ATCO)".
