{"id":9022,"date":"2020-05-01T04:21:24","date_gmt":"2020-05-01T01:21:24","guid":{"rendered":"https:\/\/www.al-sindbad.net\/seaspan-takes-delivery-of-four-12000-teu-vessels\/9022\/"},"modified":"2020-05-01T04:21:24","modified_gmt":"2020-05-01T01:21:24","slug":"seaspan-takes-delivery-of-four-12000-teu-vessels","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/seaspan-takes-delivery-of-four-12000-teu-vessels\/9022\/","title":{"rendered":"Seaspan Takes Delivery of Four 12,000 TEU Vessels"},"content":{"rendered":"

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Seaspan Corporation has taken delivery of four 12,000 TEU vessels, each having commenced five-year time charters with a global liner, the ship owner announced Thursday.<\/p>\n

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Three of the eco-modern containerships were built in 2018, and the other in 2017.<\/p>\n

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Seaspan, a wholly owned subsidiary of Atlas Corp., announced last month it closed four flexible finance lease transactions with total proceeds of approximately $340 million. At the conclusion of the initial 10-year term, Seaspan is obligated to purchase the vessels at a predetermined price.<\/p>\n

<\/p>\n

Bing Chen, President and Chief Executive Officer of Atlas, commented, “This fleet acquisition, innovative financing, and long-term charters continue to demonstrate Seaspan’s unique and resilient business model of consistently delivering long-term shareholder value despite the unprecedented COVID-19 environment.”<\/p>\n

<\/p>\n

“Seaspan has grown its total contracted revenue by approximately $300 million while further optimizing our fleet, strengthening customer partnerships, enhancing portfolio diversification, as well as expanding innovative financing of $340 million for these vessels amidst the current tightening of the capital markets.”<\/p>\n

<\/p>\n

Including the latest additions, Seaspan’s global fleet consists of 123 vessels representing total capacity of 1,023,000 TEU. The independent owner and operator claims approximately 7.8% market share of the global containership fleet.<\/p>\n

maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"

Seaspan Corporation has taken delivery of four 12,000 TEU vessels, each having commenced five-year time charters with a global liner, the ship owner announced Thursday. Three of the eco-modern containerships were built in 2018, and the other in 2017. Seaspan, a wholly owned subsidiary of Atlas Corp., announced last month it closed four flexible finance …<\/p>\n","protected":false},"author":1,"featured_media":9023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[3593,375,2465,324,304],"class_list":["post-9022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","tag-delivery","tag-seaspan","tag-takes","tag-teu","tag-vessels"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/9022","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=9022"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/9022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/9023"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=9022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=9022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=9022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}