Seaspan Seeks 10 New 10,000-TEU Ships

Container shipowner Seaspan said it is negotiating to order up to 10 new ships that would carry up to 10,000 20-foot equivalent units each and have “an innovative design that focuses on improving loadability and fuel efficiency.”

Seaspan is in discussions with several Chinese and Korean shipyards about the possible orders for delivery in 2013 and 2014, the company said in a document filed with the Securities and Exchange Commission.

The company’s CEO, Gerry Wang, has called for shipyards and naval architects to develop new container ship designs that improve fuel and operating efficiency.

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Seaspan charters ships to container ship lines including Maersk, China Shippnig, CSAV, Cosco, Hapag-Lloyd, “K” Line, MOL and United Arab Shipping Co.

The company has 57 container ships and an additional 12 scheduled for delivery through March 2012.

This month the company announced the delivery of its 56th and 57th container ships, the 4,500-TEU Brevik Bridge and Bilbao Bridge. The ships were built by Samsung Heavy Industries in Korea and chartered to “K” Line for 12 years with options for an additional six years.

-- Contact Joseph Bonney at jbonney@joc.com.