Seaspan Corporation News

Hapag-Lloyd and Seaspan Corporation announced plans to retrofit and convert five 10,100 TEU containerships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol. Following the engine retrofit, the vessels will continue to be on long-term charter from Seaspan to Hapag-Lloyd.The vessels scheduled for retrofits are the Seaspan Amazon, Seaspan Ganges, Seaspan Thames, Seaspan Yangtze and Seaspan Zambezi. The retrofit is expected to take approximately 80-90 days per vessel starting in the first quarter of 2026.

Containerships owner/operator Seaspan Corporation signaled its entry into the car carrier segment in confirming a deal to order a series of new pure car and truck carriers (PCTC) in partnership with Hyundai Glovis (Glovis).The 10,800 CEU are the largest PCTCs under development to date. They will be dual-fuel liquefied natural gas (LNG), as well as ammonia-and methanol-ready.Seaspan said it negotiated the purchase from Shanghai Waigaoqiao Shipbuilding, a China State Shipbuilding Corporation shipyard.

Seaspan Corporation has taken delivery of Maersk Cleveland, the second of six new SAVER 15,500 TEU series vessels.The ship was delivered from China's Jiangnan Shipyard on November 15.Seaspan, a wholly owned subsidiary of Atlas Corp., announced contracts to build the six ships in March 2021 as part of a raft of new shipbuilding orders.Upon completion, each vessel will enter long-term charters with global liner customers.The series' first vessel, Maersk Charleston, was delivered earlier this year. The series' remaining ships are scheduled for delivery through mid-2024.

Classification society American Bureau of Shipping (ABS) has awarded Seaspan Corporation and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) in collaboration with Foreship an Approval in Principle (AiP) for the design of a 15,000 TEU ammonia-powered container vessel.Ammonia is seen a promising alternative marine fuel. However, there are currently no ships capable of sailing on ammonia, ABS said.In 2022, Seaspan and the MMMCZCS jointly initiated a project to better understand the challenges and opportunities of designing a large ammonia-fueled container vessel.

The world's largest containership lessor Seaspan Corporation has signed an agreement with MAN Energy Solutions to refit 15 of its vessels with dual-fuel engines capable of running on cleaner burning methanol.Under the conversion commitment agreement, signed by Seaspan in collaboration with liner shipping company Hapag-Lloyd, MAN’s after-sales division MAN PrimeServ will deliver 15 engine retrofit solutions for conversion of vessels powered by individual MAN B&W S90-type fuel-oil…

Two of new liquefied natural gas (LNG) fueled containerships were named and commissioned during a ceremony at Samsung Heavy Industries in South Korea.The newly built ZIM Mount Everest and ZIM Mount Blanc are the second and third 15,000 TEU LNG-Powered vessels in a series of 10 vessels being built for Seaspan Corporation for long term charters to Israeli carrier ZIM, Both vessels will join ZIM Sammy Ofer, delivered in February 2023, as the first LNG containerships to call the U.S. East Coast.The Neo-Panamax vessels are 366-meters long with a 51-meter beam.

Israeli container carrier ZIM announced its first vessel fueled by liquefied natural gas (LNG) has set sail on its maiden voyage.The 15,000 TEU dual-fuel box ship Zim Sammy Ofer, built by South Korea's Samsung Heavy Industries, is the first of 10 vessel ordered in a long-term chartering agreement between ZIM and Seaspan Corporation.The Neo-Panamax vessel is 366-meters long with a 51-meter beam. The vessel has a max service speed of 22.5 knots, a dual-fuel main engine with output of 46…

South Korea's Samsung Heavy Industries shipyard hosted a naming ceremony for the 15,000 TEU LNG dual-fuel vessel Zim Sammy Ofer.The Zim Sammy Ofer is the first of 10 vessel ordered in a long-term chartering agreement between ZIM and Seaspan Corporation. The vessel was named after the late shipping magnate Sammy Ofer, who passed away in 2011. The Neo-Panamax vessel is 366-meters long with a 51-meter beam. The vessel has a max service speed of 22.5 knots, a dual-fuel main engine with output of 46…

Seaspan Corporation said its first vessel in a series of 10 new 15,000 TEU liquefied natural gas (LNG) dual-fuel containerships has been launched at Samsung Heavy Industries' shipyard in Geoje, South Korea.The newbuild, ZIM Sammy Ofer, was floated out on October 15 and is scheduled to enter service under a long-term charter to Israeli shipping company ZIM starting in 2023.The 10 ships ships were ordered in February 2021 and are expected to be delivered in 2023 and 2024 and will be used by ZIM for transporting goods from China and South Korea to U.S.

Containership lessor Seaspan Corporation announced it has canceled an order for four containership newbuilds "due to certain conditions in the contracts not being fulfilled".The original order, which was announced in May, was for four 7,700 TEU dual-fuel liquefied natural gas (LNG) containerships from an undisclosed "major" shipyard. "Due to certain conditions in the contracts not being fulfilled by the counterparty, the contracts have become null and void. Seaspan has notified the relevant parties and has reserved its rights to claim against the counterparty in relation to the contracts…

Containership owner Seaspan Corporation on Wednesday announced it has ordered four "ultra-modern" 7,700 TEU dual-fuel liquefied natural gas (LNG) containerships from an unnamed "major" shipyard.The newbuilds are scheduled to be delivered in the third and fourth quarters of 2024, and upon completion will enter into long-term charters with a "leading global liner customer".Seaspan, a wholly-owned subsidiary of New York-listed Atlas Corp., said the charters include purchase obligations at the conclusion of the charter terms…

Containership giant Seaspan Corporation announced on Wednesday that it now has financing lined up for its entire 70-vessel newbuild program.With the completion of the latest $1.4 billion deal in December, Seaspan said its financing proceeds are approximately $6.9 billion.Seaspan, a subsidiary of Atlas Corp, said the $1.4 billion will be used to finance ten 15,000 TEU LNG dual-fuel newbuilds, the last of its recent $7.6 billion containership ordering spree, including three ships that have already been delivered.

The world's largest containership lessor Seaspan Corporation said it has taken delivery of two 12,200 TEU newbuilds. The vessels will immediately begin 18-year charters with an unnamed "major liner customer".The new ships are the second and third of five newbuild containerships in this class, the first having been delivered in October. Each has been delivered approximately two months ahead of schedule, according to Seaspan, a wholly owned subsidiary of Atlas Corp.Bing Chen, Chairman…

Yangzijiang Shipbuilding Group has ordered 10 MAN B&W 7G80ME-C10.5-GI engines in connection with the construction of 10 7,000-teu containerships for Seaspan Corporation, the world's largest, independent container vessel owner.The contract includes an option for five further vessels. Engine delivery is scheduled from October 2023 to 2024; Seaspan has  already chartered the ships on long-term contracts.Upon completion, the newbuildings will become the largest ME-GI-powered container vessels built by a Chinese shipyard.Thomas S.

The world's largest container shipping lessor Seaspan Corporation announced on Monday that it has accepted delivery of a new containership that will immediately begin an 18-year charter with a "major liner customer". The vessel is the first in a series of five 12,200 TEU newbuilds and the lead ship of 70 newbuilds announced by Seaspan."This delivery marks a major milestone in Seaspan's continuing quality growth and unmatched ability to best serve our customers," said Bing Chen, chairman, president and CEO of Seaspan, a wholly owned subsidiary of Atlas Corp.

Israeli container shipping company ZIM Integrated Shipping Services Ltd announced on Wednesday that it has exercised its option to long-term charter five additional 7,000 TEU liquefied natural gas (LNG) dual-fuel newbuilds from containership lessor Seaspan Corporation.Under the initial deal announced in July, ZIM has already entered into long-term charter agreements for ten 7,000 TEU LNG vessels scheduled to be delivered from the fourth quarter of 2023 into 2024. The option announced today…

Seaspan Corporation announced it has forward fixed contracts for 10 containerships with a "major liner customer", bringing the company's total 2021 forward fixtures to 58 vessels, or approximately 50% of its time chartered fleet.The vessels, representing approximately 100,000 TEU in aggregate, were previously scheduled to have four charters expire in 2022, four charters expire in 2023, and two charters expire in 2024, Seaspan said. All 10 vessels have now been fixed through new five-year charter agreements…

Seaspan Corporation on Tuesday announced it has entered into long-term charters with Zim Integrated Shipping Services for 10 dual-fuel liquefied natural gas (LNG) containership newbuilds, extending the containership lessor's newbuild ordering spree amid continued high demand and vessel shortages.The "ultra-modern" 7,000 TEU vessels will be built by a "major shipyard" for an aggregate purchase price of approximately $1.05 billion, and they are expected to be delivered starting in the fourth quarter of 2023 and throughout 2024…

Container shipping company Seaspan Corporation announced on Monday it has ordered another six containerships, growing the number of vessels it has on order to 45 amid continued heightened shipping demand and vessel shortages in the box shipping market.Seaspan said the six scrubber-fitted 15,000 TEU vessels will be built by a "major shipyard" and are expected to be delivered in the first and second quarters of 2024.Upon completion, the newbuilds will enter long-term charters with "a leading global liner customer"…

Stolt Tankers and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping signed a partnership agreement making Stolt Tankers an official partner to the center.The tanker shipping company is among a wide range of industry partners who have teamed up to develop zero carbon solutions for the maritime industry. Other active companies include Alfa Laval, American Bureau of Shipping, A.P. Moller - Maersk, Cargill, Environmental Defense Fund, Haldor Topsoe, MAN Energy Solutions, Mitsubishi Heavy Industries…

Seaspan Corporation, a wholly owned subsidiary of Atlas Corp. announced on Wednesday it has accepted delivery of two quality 8,500 TEU scrubber-fitted containerships on long-term charter with a global liner.Bing Chen, chairman, president and CEO of Seaspan, said, "Our creative customer partnership, executional expertise and operational excellence continue to drive quality growth as we provide market leading solutions to our customers. Global liners increasingly prefer Seaspan as the partner of choice through our reliable and scalable platform and consistent delivery of best-in-class services.

A group of shipping industry partners are working together to assess the technical, financial and environmental potential of converting existing vessels to zero-carbon fuels and technology as part of the transition to a global zero carbon fleet by 2050.American Bureau of Shipping (ABS), A.P. Moller – Maersk, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Line, Seaspan Corporation and Total are joining forces through the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to assess the technical…

Seaspan Corporation said on Monday it has acquire two 8,500 TEU scrubber-fitted containerships as the  Atlas Corp. subsidiary continues to grow its fleet amid strong market demand. The scrubber-fitted vessels are are on long-term charter with a global liner customer, and they are expected to be delivered during the second quarter of 2021, Seaspan said. The pair will be financed from additional borrowings as well as cash on hand.Seaspan chairman, president and CEO, Bing Chen, said…