Seaspan Signs Contracts for 2 Vessels
April 2, 2007
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 said the two new orders, scheduled for delivery in March and June, are on top of the eight 2500 TEU vessels it ordered last year from Jiangsu. The company said it has arranged simultaneous 10-year charter agreements for the two vessels with Japan's Kawasaki Kisen Kaisha Ltd. at a daily rate of $17,880.
Seaspan said it expects each new vessel to contribute between $4.5 million and $4.9 million in annual earnings before interest, taxes and other payments.
Source: AP
Related News
Houthis Claim More Ship Attacks, Targetting US Warship and Merchant Vessel
Van Oord Launches Giant Offshore Wind Installation Vessel
Russia Steps in After India Drops Safety Cover for Sanctioned Vessels
Collapsed Baltimore Bridge Blasted into Pieces
Cruise Ship Arrives in New York with 44-foot Whale Carcass on Its Bow