Seaspan

Seaspan Shipyards To Design & Build 16 Multi-Purpose Vessels For CCG Fleet

seaspan vancouver drydock_representation Image

The Liberal government made an important announcement in Vancouver to renew Canada’s Coast Guard fleet. The announcement underscored the critical role played by the Coast Guard on Canada’s three oceans to keep our waters safe, secure and open, and to promote and protect our marine habitat.

Representation Image -Credits: seaspan.com

As part of the Government’s recapitalization plan for the Coast Guard, Seaspan Shipyards will design and build 16 Multi-Purpose Vessels. This announcement represents...

https://www.marineinsight.com/shipping-news/seaspan-shipyards-to-design-build-16-multi-purpose-vessels-for-ccg-fleet/

Damen To Construct Two New LNG-Hybrid Vessels For Seaspan Ferries

Two new LNG-Hybrid vessels to join Seaspan Ferries fleet

Seaspan Ferries announced that it will be adding two new Liquid Natural Gas (LNG) – Battery hybrid ferries to its fleet in 2021. The vessels will be constructed by Damen Shipyards Gorinchem B.V. at their Mangalia Shipyard in Romania.

Image Credit: seaspan.com

With construction scheduled to begin in 2019, the vessels are expected to go into operation in 2021. They will join the Seaspan Swift and the Seaspan Reliant, the company’s first hybrid ferries, commissioned just over two years ago. Since...

https://www.marineinsight.com/shipping-news/damen-to-construct-two-new-lng-hybrid-vessels-for-seaspan-ferries/

MSC charters more box ships to stand in for those being fitted with scrubbers

Containership owner Global Ship Lease (GSL) has announced the five-year charters of two sister 8,667 teu post-panamax vessels to MSC.
The carrier is continuing to snap up any large tonnage that comes on the market to cover its large scrubber installation programme that will see a substantial number of its ships out of service before the IMO 2020 regulations come into force.
The fixture of the 2004- and 2005-built ex-OOCL-owned ships will …

The post MSC charters more box ships to stand in for...

https://theloadstar.com/msc-charters-more-box-ships-to-stand-in-for-those-being-fitted-with-scrubbers/

Seaspan unveils first quarter results

Seaspan Corporation (“Seaspan”) announced on May 1 its financial results for the quarter ended March 31, 2019.

Highlights for the First Quarter 2019:

  • Achieved vessel utilization of 98.1%
  • Operating earnings of $344.1 million
  • Reported net earnings attributable to common shares of $267.1 million
  • Earnings per diluted share of $1.26
  • Cash flows from operations of $122.6 million

Comments from Management

Bing Chen, President and Chief Executive Officer, commented, “During the first quarter of 2019, we...

https://container-news.com/seaspan-first-quarter-results/

Seaspan gains $227m charter penalty windfall from Ocean Network Express 

More detail is emerging on the significant indirect costs incurred by Japan’s K Line, MOL and NYK when they merged their container businesses into Ocean Network Express (ONE) last year. 
Non-operating containership owner Seaspan Corporation said today it had received a penalty contract payment of $227m from a ONE equity owner – which would either be K Line or MOL, as NYK does not have any ships on charter from Seaspan. 
The payment related to the early termination of the charter parties of...

https://theloadstar.com/seaspan-gains-227m-charter-penalty-windfall-from-ocean-network-express/

Seaspan Enters Agreement With COSCO SHIPPING Relating To LNG Opportunities

Seaspan SAVER Hull

Seaspan Corporation (“Seaspan”) announced a framework agreement (the “Agreement”) for strategic cooperation with COSCO SHIPPING Energy Transportation Co., Ltd. (“COSCO SHIPPING Energy”). COSCO SHIPPING Energy specializes in LNG, oil products, and other energy transportation under China COSCO Shipping Corporation Ltd., (“COSCO Shipping”), and has the largest LNG fleet in China.

Representation Image – Credits: seaspancorp.com

Pursuant to the Agreement, both parties are committed to strengthening...

https://www.marineinsight.com/shipping-news/seaspan-enters-agreement-with-cosco-shipping-relating-to-lng-opportunities/

Seaspan equips its global fleet with KVH innovation

KVH’s solution is critical to maritime operations, business applications, and crew welfare for the 107 vessels

KVH Industries, Inc. announced that Seaspan completed the implementation of KVH mini-VSAT Broadband connectivity for all 107 managed vessels in its global container ship fleet. Seaspan selected KVH’s TracPhone V7-HTS/AgilePlans and KVH’s TracPhone V11-IP for the vessels.

“We chose KVH for the ability to have a superior end-to-end solution from one provider, which can be customized as per...

https://container-news.com/seaspan-kvh-innovation/

Seaspan and COSCO sign LNG agreement

Seaspan Corporation on April 3 announced a framework agreement for strategic cooperation with COSCO SHIPPING Energy Transportation Co., Ltd. (“COSCO SHIPPING Energy”). COSCO SHIPPING Energy specializes in LNG, oil products, and other energy transportation under China COSCO Shipping Corporation Ltd., (“COSCO Shipping”), and has the largest LNG fleet in China.

According to a statement, pursuant to the agreement, both parties are committed to strengthening their exchange of and collaboration on...

https://container-news.com/seaspan-cosco-lng-agreement/

Seaspan, COSCO sign LNG cooperation agreement

Seaspan Corporation (Seaspan) announced a framework agreement on April 2, regarding a strategic cooperation with COSCO SHIPPING Energy Transportation Co., Ltd. (COSCO SHIPPING Energy). The two companies will enhance their collaboration regarding LNG projects.

COSCO SHIPPING Energy specializes in LNG, oil products, and other energy transportation under China COSCO Shipping Corporation Ltd., (COSCO Shipping), and has the largest LNG fleet in China.

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https://safety4sea.com/seaspan-cosco-sign-lng-cooperation-agreement/

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