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Seaspan, Cosco Agree to $1.9b Lease
According to Bloomberg, Seaspan Corp., will lease eight container vessels to a unit of China Cosco Holdings Co. for $1.9b. Cosco Container Lines Co., will pay a daily fee of $55…
Seaspan to Build Four New 4250 TEU Vessels
Seaspan Corporation announced that it has signed contracts to build four 4250 TEU vessels at Jiangsu New Yangzi Shipbuilding Co., Ltd. in China. These new orders…
Seaspan Signs Contracts for 2 Vessels
Hong Kong-based container ship company Seaspan Corp. has signed contracts for two 2500 TEU vessels from Jiangsu Yangzijiang Shipbuilding Co. at an expected delivered cost of $46.4 million per vessel.
Seaspan Delivers Vessel
Seaspan Corporation announced the delivery of its 23rd vessel, the Maersk Moncton, a 4800 TEU containership built in 1989. The vessel was purchased from A.P. Moller…
Seaspan Accepts Delivery of Vessel
Seaspan Corporation announced the delivery of its 22nd vessel, the Maersk Marystown, a 4800 TEU containership built in 1989. The vessel was purchased from A.P. Moller…
Seaspan Accepts Delivery of Vessel
Seaspan Corporation announced the delivery of its 21st vessel, the Maersk Matane, a 4800 TEU containership built in 1989. The vessel was purchased from A.P. Moller…
Seaspan Announces Delivery of New Vessel
Seaspan Corporation announced the delivery of its 20th vessel, the Santos Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co. Ltd., was…
Seaspan to Buy 4 from Maersk
Reuters reported that Seaspan Corp. has agreed to buy four container vessels from A.P. Moller-Maersk A/S for $40m per vessel. The company said each new 4800 TEU…
Seaspan Orders Containerships
Container shipping operator Seaspan Corp. signed an order for four new container vessels to be built by Hyundai Heavy Industries Co. Ltd. in South Korea. Reuters reported that four 5…
Seaspan Corp. Announces Delivery of New Vessel
Seaspan Corporation announced the delivery of its 17th contracted vessel, the Lahore Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co.
Seaspan to Build Four More
Seaspan Corporation announced that it exercised its option to build four 2500 TEU vessels at Jiangsu Yangzijiang Shipbuilding (YZJ) in China. This option was part…
Seaspan Exercises Option for Four New Vessels
Seaspan Corporation exercised its option to build four 2500 TEU vessels at Jiangsu Yangzijiang Shipbuilding in China. This option was part of the February transaction…
Seaspan Signs Contract for New 2500 TEU Vessels
Seaspan Corporation has signed a contract to build four 2500 TEU vessels from Jiangsu Yangzijiang Shipbuilding in China. These new orders are incremental to Seaspan's…
Seaspan Buys Two Ships
Seaspan Corporation announced that it has agreed to purchase two new building vessels from affiliates of Conti Holding GmbH & Co. KG of Germany, increasing Seaspan’s total fleet to 25 vessels.
Seaspan Announces Delivery of New Vessel
Seaspan Corporation announced the delivery of its fourteenth ship, the Dubai Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co. Ltd.,…
CP Ships Deploys Two New Ships
CP Ships Limited said that the first two of nine 4250 teu ships ordered two years ago will be deployed in its US East Coast-Indian Sub-Continent service. They will…
SHI Wins Three New Contracts
South Korea's Samsung Heavy Industries reportedly has won three contracts totaling $580 million. One LNG Carrier for Ras Laffan LNG Transport Ltd. Five Containerships for Seaspan Container Lines Ltd.
Interesting Repair Jobs in GOM
Today's commercial vessel owners are becoming increasingly creative in order to extend the life of existing vessels. Typically, a commercial steel hull can last for more than 50 years.
Old Boats, New Beginnings
Today's commercial vessel owners are becoming increasingly creative in order to extend the life of existing vessels. Typically, a commercial steel hull can last for more than 50 years.
Lloyd’s Register to Class New Fleet of Container Ships
Lloyd’s Register will class a series of five 8,100teu container ships to be built at Samsung Heavy Industries. The ships, ordered by Seaspan and China Shipping Group…