{"id":5173,"date":"2020-02-25T21:15:15","date_gmt":"2020-02-25T18:15:15","guid":{"rendered":"https:\/\/www.al-sindbad.net\/seaspan-fleet-surpasses-1-million-teu\/5173\/"},"modified":"2020-02-25T21:15:15","modified_gmt":"2020-02-25T18:15:15","slug":"seaspan-fleet-surpasses-1-million-teu","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/seaspan-fleet-surpasses-1-million-teu\/5173\/","title":{"rendered":"Seaspan Fleet Surpasses 1 Million TEU"},"content":{"rendered":"<p><\/p>\n<p>The four 12,000 TEU vessels come with long-term charter agreements with a leading global liner, Seaspan said.\u00a0Three of the vessels were built in 2018, while one was built in 2017.\u00a0<\/p>\n<p><\/p>\n<p>With the acquisition, Seaspan\u2019s pro forma fleet will hit 1,023,000 TEU and 123 vessels for approximately 7.9% global market share.\u00a0<\/p>\n<p><\/p>\n<p>\u201cThe acquisition of four high-quality, young, sizeable, eco-modern vessels marks our eleventh containership acquisition in the past five months, in aggregate adding approximately 117,000 TEU to our global fleet, which now exceeds one million TEU,\u201d said Bing Chen, President and Chief Executive Officer of Seaspan. \u201cWith our unique business model backed by a strong balance sheet and robust cash flow, we will accelerate sustainable value creation through executing high-quality growth opportunities, as well as continue to be the trusted and preferred partner for our leading global liner customers.\u201d<\/p>\n<p><\/p>\n<p>The addition of the four ships will bring Seaspan\u2019s\u00a0total contracted revenue to\u00a0$4.6 billion\u00a0with a weighted average remaining lease period of approximately 4.2 years, the company said. <\/p>\n<p>gCaptain<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The four 12,000 TEU vessels come with long-term charter agreements with a leading global liner, Seaspan said.\u00a0Three of the vessels were built in 2018, while one was built in 2017.\u00a0 With the acquisition, Seaspan\u2019s pro forma fleet will hit 1,023,000 TEU and 123 vessels for approximately 7.9% global market share.\u00a0 \u201cThe acquisition of four high-quality, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":5174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1973,1291,375,1974,324],"class_list":["post-5173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marine-world","tag-fleet","tag-million","tag-seaspan","tag-surpasses","tag-teu"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/5173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=5173"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/5173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/5174"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=5173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=5173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=5173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}