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Seaspan to acquire two 8,500-TEU containerships
Transactions - APRIL 5, 2021

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Seaspan to acquire two 8,500-TEU containerships

by Released

Seaspan Corp., a subsidiary of Atlas Corp., has agreed to acquire two 8,500-TEU scrubber-fitted containerships on long-term charter with a global liner customer. The vessels are expected to be delivered during the second quarter of 2021.

“Through our broad scale, reliable services and quality solutions, Seaspan continues to develop the win-win solution to our global liner customer to facilitate their business successes in the face of tight supply market dynamics,” sad Bing Chen, chairman, president and CEO of Seaspan. “We are confident about the prospect of continued quality growth and value creation for our shareholders throughout the market cycles.”

The vessels are anticipated to be financed from additional borrowings as well as cash on hand.

As of Dec. 31, 2020, Seaspan’s global fleet consisted of 127 vessels and approximately 1,073,200 TEU. Seaspan has now added a total of 597,000 TEU represented by 41 vessels, including 37 newbuild vessels and the

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