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Seaspan Declares Q3 Results
Seaspan Corporation announced its financial results for the three and nine months ended September 30, 2016. Revenue edged up thanks to new additions to its fleet…
Seaspan CEO: Hanjin Fallout Is Like Lehman for Shipping
Seaspan Corp chairman and ceo Gerry Wang has described the bankruptcy of South Korea’s biggest container line Hanjin Shipping Co as the industry’s equivalent of…
Hanjin Ship Unloads, New Funds Pledged
A Hanjin Shipping Co Ltd vessel is finishing unloading in California and scheduled to leave port on Monday, shipping industry officials said, as shareholders and…
Major Commercial Fleets Commit to New KVH Broadband Airtime Plans
MIDDLETOWN, RI – September 12, 2016 – KVH Industries, Inc., (Nasdaq: KVHI), is driving a sea change in the way that global maritime fleets are using broadband at sea.
Seaspan Starts Fixed-rate Charter with Maersk Line
Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the Maersk Genoa. The new containership, which was constructed…
Seaspan Hosts Atlantic Canada Industry Day
More than 100 people representing over 70 companies attended Seaspan Shipyards’ second annual Atlantic Canada Industry Day hosted in Halifax today. During the session…
MN100: Krill Systems, Inc.
Krill Systems Inc. was founded as a software development company focusing on accurate vessel fuel consumption measurement and efficient data transmission. In 2011, identifying demand from commercial marine markets for accurate, reliable, fuel management and emissions control technologies, Krill became a ‘system integrator’ with the ability to supply a broad spectrum of fuel flow meters and other accessory components.
Is Hanjin Shipping Going Into Court Receivership?
According to a latest report in Korea Times, South Korea's biggest container carrier Hanjin Shipping's efforts to settle the rescheduling deadlines for financing…
Donors Give $2.9 Mln to Train BC’s Future Shipbuilders
The Dennis & Phyllis Washington Foundation, in conjunction with Seaspan, announced today a multi-year, multimillion dollar investment in the future of British Columbia’s marine industrial sector. The commitment totals $2.9 million and includes a three-year, $900,000 donation by the Dennis and Phyllis Washington Foundation to three institutional trades training programs in Canada. This donation has…
Seaspan Rejects Hanjin’s Proposal on Charter Rate
The container ship-leasing company Seaspan Corp declined Hanjin Shipping Co.’s request for a cut in charter rates by about 30 percent, dealing a blow to efforts…
Seaspan Acquires Eighth 14000 TEU Vessel
Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 14000 TEU containership, the YM Width. The new containership, which was constructed at CSBC Corporation…
Seaspan Responds to Canada’s NSS Announcement
In response to the Government of Canada’s announcement of a series of enhancements to strengthen the National Shipbuilding Strategy, Seaspan Shipyards’ president Brian Carter issued a statement commending the government’s efforts and reinforcing the shipbuilder’s role in producing ships for the Canadian Coast Guard and Royal Canadian Navy. “We are pleased to receive the Government of Canada’s support for the National Shipbuilding Strategy…
Raytheon Anschütz Selected as INS Provider for Canada’s OFSV
Thales, a major system integrator in Canada, has chosen Raytheon Anschütz as the supplier of the Integrated Navigation System (INS) for the Canadian Coast Guard’s (CCG) new Offshore Fisheries Science Vessels (OFSV). As part of the OFSV program, three new vessels are being built for the CCG at Seaspan’s Vancouver Shipyards. The 63-metre vessels are designed to operate in the Atlantic, Pacific and Arctic Oceans.
Seaspan Secures $540 Mi Financing
HONG KONG, CHINA--(Marketwired - May 18, 2016) - Seaspan Corporation ("Seaspan") (NYSE:SSW) announced today that it has entered into over $540 million of debt and equity financings.
Taiwan Launches its Highest-Capacity Container Ships
State-backed shipbuilder CSBC Corporation, Taiwan has launched two domestically developed and constructed vessels in the southern Taiwan port city of Kaohsiung, reports Taiwan Today.
Canadian Navy Frigate Refit Program Completed
Seaspan joined Harjit S. Sajjan, Canada’s Minister of National Defense, at an official ceremony today to celebrate the completion of the Halifax-Class Modernization/Frigate…
Spivak Appointed CFO, Seaspan
Seaspan Corporation announced today that David Spivak is joining the Company as its Chief Financial Officer, starting May 2, 2016. Mark Chu will continue to serve as interim CFO until David's arrival…
Seaspan Building 2nd OFSV
Seaspan Shipyards, announced today the start of construction on Seaspan’s second National Shipbuilding Strategy (NSS) ship, the Canadian Coast Guard (CCG)’s second…
Seaspan Acquires 9th 10K TEU Boxship
Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the MOL Benefactor. The new containership, which was constructed…
Seaspan Appoints Three
Seaspan has named three new Vice Presidents to its Senior Leadership Team, announcing the appointments of Linda Wortman as Vice President, Finance & Accounting; Catherine Chick as Vice President…