Atlas

Seaspan enters into new shipbuilding contracts

Seaspan signed 27 shipbuilding agreements for newbuild container vessels with capacities ranging from 9,000 to 17,000 TEUs, according to a recent Atlas filing to the US Securities and Exchange Commission.

These contracts were thereafter novated to certain nominees, according to the filing. Upon delivery, 13 newbuilds will be chartered by the company from such nominees under bareboat charters, and will then commence long-term time charters with a customer.

Other contracts include five 17,000 TEU...

https://container-news.com/seaspan-enters-into-new-shipbuilding-contracts/

ONE and partners confirm US$3.64 billion Atlas Corp takeover offer

The Singaporean-headquartered container carrier Ocean Network Express (ONE) is a member of the Poseidon Acquisition Corp, a consortium that has proposed to acquire all the outstanding common shares of Atlas Corp that are not owned or controlled by the consortium members.

Atlas Corp said on 4 August that it has received a takeover offer from the consortium group in an all-cash deal for US$3.64 billion.

Poseidon Acquisition Corp comprises Atlas’ board chairman David Sokol, affiliates of Canadian...

https://container-news.com/one-and-partners-confirm-us3-64-billion-atlas-corp-takeover-offer/

A look back at WorkBoat for November 1959

  • A 70’x20’x8′ twin-screw push-type towboat, the third of three, was delivered recently to the government of Argentina. Built by Todd Shipyards, Houston, the boat will work on the Parana River. The towboat is powered by two turbocharged 300-hp Atlas diesels. The new vessels will be operated by Flota de Transportes Fluvial, Buenos Aires.
  • Bell Marine Service, Houston, took delivery recently of a 65’x24’x7’6″ pusher tug. Built by Harrisburg Machine Co., Houston, the Commuter is powered by a pair of...

https://www.workboat.com/archived-workboat-magazine/a-look-back-at-workboat-for-november-1959/

Supply chain radar: Amazon vs container shipping lines – you’re kidding, right?

During the weekend I was rather entertained by AP Møller Mærsk subsidiary Twill’s latest affairs, and Amazon’s future dominance of the supply chain – a game that the Seattle-based behemoth would be crazy to play. And one that, given the signs and moves so far, it does not intend to play at all.
Those who suggest that the company led by star chief executive Jeff Bezos is likely to be a …

The post Supply chain radar: Amazon vs container shipping lines – you’re kidding, right? appeared first on The...

https://theloadstar.co.uk/supply-chain-radar-amazon-vs-container-shipping-lines-no-kidding-right/