Seaspan Signs Contract for Five Ships
January 4, 2008
Seaspan Corp has signed contracts for Samsung Heavy Industries Co Ltd to build five new 4,520 TEU container ships. Seaspan has also completed more than $900 million in debt financing with a long-term fixed interest rate of less than 6 percent. The company has signed 12-year time charters for the vessels with Kawasaki Kisen Kaisha Ltd, Japan's third-largest liner operator. The five new vessels are due to be delivered in 2010 and 2011.
Related News
PMI Awarded NAVSEA S9320-AM-PRO-020/MLDG Certification
Australia Backs Long-Term Gas Exploration
Unfinished Hornbeck MPSV Arrives at Eastern for Build Completion
ULA Orders Rocket Transport Ship from Bollinger
Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services