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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.

Lee Hong Liang, Asia Correspondent

April 1, 2014

1 Min Read

Kalyakan - stock.adobe.com

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.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

See more from Lee Hong Liang

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