HONG KONG's Seaspan has built up a fleet
of 123 vessels for 1,023,000 TEU in total capacity, following the
purchase of four 12,000-TEU containerships for US$367 million in cash,
bringing its global market share to 7.9 per cent.
The four vessels come with long-term
charter agreements with a leading global liner, Seaspan said, reported
gCaptain, Ventura, California. Three of the vessels were built in 2018
and one in 2017.
“The acquisition of four high-quality, young, sizeable, eco-modern
vessels marks our 11th containership acquisition in the past five
months, in aggregate adding 117,000 TEU to our global fleet, which now
exceeds one million TEU,?said CEO Bing Chen.
“With our unique business model backed by a strong balance sheet and
robust cash flow, we will accelerate sustainable value creation through
executing high-quality growth opportunities, as well as continue to be
the trusted and preferred partner for our leading global liner
The addition of the four ships will bring Seaspan’s total contracted
revenue to US$4.6 billion with a weighted average remaining lease period
of approximately 4.2 years, the company said.