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Seaspan buys feeder boxship pair, charters to Maersk Line

Seaspan buys feeder boxship pair, charters to Maersk Line
Canadian tonnage provider Seaspan Corporation has acquired a pair of 2006-built geared 2,500 teu containerships and sent the on time charter to Maersk Line.

The charters are at a fixed rate and for a term of four years, and include options for up to a further two years at increasing rates.

Bing Chen, president and CEO of Seaspan, commented: “We are proud to continue to serve an industry leader like Maersk. As the reliable solution provider, we have proven our ability, throughout the industry cycles, to grow our fleet and expand our relationship with the world’s largest liner company. Seaspan remains focused on providing best in class solutions and expanding our value-added service offerings to our customers. Given our solid balance sheet, talented employees and operational strength we are well positioned to capture growth opportunities in today’s market, and reinforce our industry leading position.”

 Seaspan took delivery of one of the vessels today and the other is scheduled to be delivered before the end of February.

The acquisition takes Seaspan’s operating and managed fleet to 112 vessels including those currently under construction.

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