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Edoc Systems Remains Healthy in Sour Economy
For Victoria marine enterprise software developers Edoc Systems Group, the past years economic storm has been more about riding calm winds and following seas. They…
Seaspan Reports Financial Results
Seaspan Corporation (NYSE: SSW) announced the financial results for the three and nine months ended September 30, 2009. - Paid a second quarter dividend of $0.10 per share…
Seaspan Takes Delivery of 40th Containership
Seaspan Corporation (NYSE:SSW) announced that it accepted delivery of the MOL Eminence from Hyundai Heavy Industries Co., Ltd. on August 31, 2009. The 5100 TEU containership…
Seaspan Takes Delivery of New Containership
Seaspan Corporation (NYSE:SSW) has accepted delivery of the CSCL Callao, a 2500 TEU newbuilding. The new containership, which was constructed by Jiangsu Yangzijiang Shipbuilding Co.…
Riding Out the Economic Cycle
The roll call of countries and regions now declaring themselves in recession keeps growing, and credible economists around the world offer little hope for relief in the short term.
Seaspan Announces $235.3m in Debt Financing
Seaspan Corporation has entered into a credit agreement for a term loan facility in the amount of $235.3m to finance the acquisition of two of its previously acquired 13100 TEU vessels.
Shaerf Elected Chairman of NYMAR
Peter Shaerf, a Managing Director of investment house AMA Capital Partners LLC, was recently elected the new Chairman of the Board of NYMAR (New York Maritime Inc.).
Seaspan Signs Contract for Five Ships
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…
CP Ships Commits to Newbuild Charters
CP Ships Limited today announced its agreement to the long-term charter of nine 4250 teu newly built containerships from Seaspan Container Lines for a term of up to ten years.
Seaspan Container Lines Expands
Seaspan Container Lines has placed an order for nine new 4,250 TEU container ships. The new ships will be chartered to the Canadian shipping company, CP Ships. “It…
Seaspan Adds Two More KTA38s
With a little over a month and several hundred hours on the KTA38 engines of the newly built Seaspan Tempest and Seaspan Venture, British Columbia’s largest towing company…
Investment in Design: Integrity in a New Era
As the first containerships officially credited with capacities topping 8,000-TEU, the series of newbuilds ordered at the start of the year by Vancouver-based Seaspan…
Frasher Steps Down as ACL CEO
American Commercial Lines LLC announced that Stephen A. Frasher will step down as President and CEO effective April 30, 2004. ACL will make the following executive changes on that date. Richard L.
Canadian Towing Firm Refits with Cummins
"It is exciting to see our vessels coming and going through the harbour, I particularly enjoy that fact that we appear to be one of the busiest, and best looking fleets on the water…
Everard to address China WTO Shipping Summit
BIMCO's President, Michael Everard, has been invited to chair the opening session of the China World Trade Organization (WTO) Shipping Summit, which will be held in Shanghai…
Vancover Shipyards and Washington Marine Sign Contract with Acomarin
Vancouver Shipyards together with their parent corporation Washington Marine Group has signed a contract with Acomarin Engineering to purchase their JAK-400 Pushpin® ATB coupling system.
Canadian Towing Firm Refits with Cummins
"It is exciting to see our vessels coming and going through the harbor, I particularly enjoy that fact that we appear to be one of the busiest, and best looking fleets on the water…
Celebrating 75 Years of Ship Design
In 2005, Robert Allan Ltd will celebrate its 75th year of continuous business as a firm of Consulting Naval Architects. From its base in Vancouver, the company serves…
CP Ships Announces Deployment of Newbuilds
deployed in its US East Coast-Indian Sub-Continent service. Kanha and Corbett. coming in early January 2006. costly short-term chartered ships. "We have been looking…
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…
