Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Seaspan exercises options for four 10,000 teu boxships

Seaspan exercises options for four 10,000 teu boxships
Seaspan Corporation has exercised options to construct four 10,000 teu containerships at China's Jiangsu New Yangzi Shipbuilding and Jiangsu Yangzi Xinfu Shipbuilding.

The newbuildings are scheduled for delivery in 2016. Financial details of the deal were not disclosed.

New York-listed Seaspan expects to sign long term time charters for these vessels with one of the major container liner companies in the near future.

The shipowner added that the newbuildings will be constructed using Seaspan's fuel efficient SAVER design.

“We are contemplating adding another four to six 10,000 teu ships to meet the requirements of our charterers,” Wang said in a conference call in March.