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Seaspan signs contract for six more 15,000 TEU vessels

Container ship in export and import. International shipping cargo. Aerial view
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Seaspan Corporation has entered into an agreement with a major shipyard for six 15,000 TEU modern newbuild container ships, in addition to recent orders and agreements with carriers.

In a statement, Seaspan said it will receive the scrubber-fitted vessels late in Q1 and Q2 2024, at which point they will enter into ling-term charters with “a leading global liner customer”.

Bing Chen, Chairman, President and CEO of Seaspan, commented, “Our customers continue to recognize the added value of our fully-integrated platform.

“This order further highlights of our differentiated services, operational excellence, and ability to implement solutions tailored to our customer’s changing requirements.”

Earlier in June 2021, the company signed fixed agreements with COSCO Shipping Lines (COSCO) for 17 container ships with a combined capacity of 117,700 TEU which will be delivered between 2023 and 2027.

That followed a previous agreement where it took delivery of two 8,500 TEU scrubber-fitted container ships on a long-term charter with a major liner.

The container shipping industry has come under increasing pressure in recent months as the COVID-19 pandemic and the rise of e-commerce has increased demand and congestion on trade lanes and at container ports.

Carriers such as HMM, Hapag-Lloyd and Mediterranean Shipping Company MSC (MSC) have increased both their fleets and the sizes of the vessels.  

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