Ocean Network Express (ONE) CEO Jeremy Nixon said today that the pan-Japanese liner operator’s acquisition of a 28.5% stake in Atlas Corp., the parent company of Seaspan Corporation, is a purely financial transaction, but also a strategic move as Seaspan will become ONE’s largest tonnage provider.
Currently, 12% of ONE’s chartered ships are from Seaspan but this will go up to 25% when newbuildings Seaspan ordered are ready.
Seaspan is now the largest tonnage provider of container ships and its...
https://container-news.com/one-ceo-jeremy-nixon-seaspan-investment-is-synergistic/