Containership owner Seaspan Corporation introduced it has actually terminated an order for 4 containership newbuilds “due to certain conditions in the contracts not being fulfilled”.
The initial order, which was introduced in May, was for 4 7,700 TEU dual-fuel melted gas (LNG) containerships from an unrevealed “major” shipyard.
“Due to certain conditions in the contracts not being fulfilled by the counterparty, the contracts have become null and void. Seaspan has notified the relevant parties and has reserved its rights to claim against the counterparty in relation to the contracts,” the firm stated on Thursday.
The newbuilds, which had actually been arranged for shipment in the 3rd and also 4th quarters of 2024, were aligned to be hired by a “leading global liner customer”.