Sponsored By

Seaspan eyeing orders for 18,000 - 20,000 teu containerships

Containership owner Seaspan Corp is eyeing orders for ultra-large boxships in the 18,000 teu to 20,000 teu range.

Marcus Hand, Editor

November 5, 2014

1 Min Read
Kalyakan - stock.adobe.com

Expanding on its fleet of 10,000 teu and 14,000 teu vessels Seaspan is now looking to move into the largest sizes of containerships currently operating. During the company’s third quarter earnings call Seaspan cfo Sai Chu said, “we’re also looking at the larger size which is the 18,000 to 20,000 teu we’ll see what happens over the next three to six months and I think is no secret we are actually looking at that class as well”.

Chu compared the 18,000 teu plus class ship to the Airbus A380 in the civil aviation sector and that therewould be a limited number of charterers and a limited number of routes it could serve. “But we’re looking at that asset class as well, because there are also limited operator and owners to be able to put their hands on such technologically advanced and larger vessels.”

Seaspan has six 10,000 teu and eight 14,000 teu newbuildings due for delivery between 4 November 2014 and the end of 2016 for charters to Mitsui OSK Lines, Maersk Line and Yang Ming.

It also has options to build six 10,000 teu or 14,000 teu boxships at Yangzijiang Shipbuilding. The Chinese yard said in March it was pitching owners for containership newbuilding orders of up to 18,000 teu in capacity.

Read more about:

MaerskYangzijiang

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like