Container ship owner-charterer Seaspan Corp. is considering an acquisition of Greater China Intermodal Investments, the Carlyle Group investment vehicle with which Seaspan partnered in 2011 to purchase new ships.
Seaspan is an owner and manager of container ships that offers long-term leases on container ships as well as ship management. Seaspan's managed fleet of its own and third-party vessels comprises 89 vessels with a total capacity of over 600,000 TEUs, including 16 new container ships on order and scheduled for delivery by the end of 2015.
23 Jul 2014
German banks’ toxic shipping loans are a matter of concern ahead of the European Central Bank’s stress tests, the International Monetary Fund warned.
12 May 2014
In an interview with JOC’s Greg Knowler, Seaspan CEO and co-chairman Gerry Wang discusses changing container carrier priorities, mega-ships and why the shipowner welcomes downturns.
31 Dec 2013
Seaspan has entered into an agreement to extend and refinance its $1.0 billion credit facility.
31 Oct 2013
Seaspan reported its net income in the third quarter of 2013 was $48.0 million, spiking 169.7 percent year-over-year from $17.8 million.
11 Oct 2013
Seaspan canceled plans it had announced on Oct. 7 to sell additional common stock and convertible notes.