{"id":5178,"date":"2020-02-26T00:08:13","date_gmt":"2020-02-25T21:08:13","guid":{"rendered":"https:\/\/www.al-sindbad.net\/seaspan-breaks-one-million-teu-threshold-with-quartet-purchase\/5178\/"},"modified":"2020-02-26T00:08:13","modified_gmt":"2020-02-25T21:08:13","slug":"seaspan-breaks-one-million-teu-threshold-with-quartet-purchase","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/seaspan-breaks-one-million-teu-threshold-with-quartet-purchase\/5178\/","title":{"rendered":"Seaspan Breaks One Million TEU Threshold with Quartet Purchase"},"content":{"rendered":"<p><strong>Hong Kong-based containership operator Seaspan Corporation is splashing approximately USD 367 million in cash to buy a fleet of four containerships. <\/strong><\/p>\n<p>The ships include four 12,000 TEU vessels, with three built in 2018 and one built in 2017. <\/p>\n<p><\/p>\n<p>The vessels, once delivered, will operate under long-term time charters with an undisclosed global liner, Seaspan said.<\/p>\n<p><\/p>\n<p>The vessel acquisitions are slated for delivery during March and April 2020, subject to customary closing conditions. \u00a0<\/p>\n<p><\/p>\n<p>The purchase is expected to be financed from additional borrowings as well as cash on hand. \u00a0<\/p>\n<p><\/p>\n<p>With the latest purchase, Seaspan\u2019s global fleet will exceed one million TEU at 123 vessels and 1,023,000 TEU, bringing the total contracted revenue to USD 4.6 billion with a weighted average remaining lease period of approximately 4.2 years. <\/p>\n<p><\/p>\n<p>Seaspan has a pro forma market share of approximately 7.9 percent of the global fleet.<\/p>\n<p>world maritime news<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong-based containership operator Seaspan Corporation is splashing approximately USD 367 million in cash to buy a fleet of four containerships. The ships include four 12,000 TEU vessels, with three built in 2018 and one built in 2017. The vessels, once delivered, will operate under long-term time charters with an undisclosed global liner, Seaspan said. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":5179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[1337,1291,1107,1946,375,324,1978],"class_list":["post-5178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","tag-breaks","tag-million","tag-purchase","tag-quartet","tag-seaspan","tag-teu","tag-threshold"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/5178","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=5178"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/5178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/5179"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=5178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=5178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=5178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}