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Hong Kong- based Seaspan has actually introduced strategies to acquire a fleet of 6 containerships that will certainly bring its fleet near one million TEU.

The 6 ships will certainly be bought on long-lasting charter for a complete acquisition rate of around $380 million.

The enhancement of the ships will certainly bring Seaspan’s complete pro forma international fleet to 119 vessels as well as around 975,000 TEU, offering it a market share of 7.7 percent by complete TEU ability.

Seaspan claims the gotten vessels are consisted of 3 10,700 TEU ships constructed in 2012, 2 9,200 TEU ships constructed in 2013, as well as one 9,200 TEU ship constructed in 2014. The vessels all presently run under long-lasting charter with a leading international lining, according to Seaspan.

Closing of the bargain as well as shipment of the vessels to Seaspan is anticipated in December 2019.

“This strategic transaction further demonstrates our core competency of allocating capital in a disciplined manner,” claims Bing Chen, President as well as Chief Executive Officer ofSeaspan “Connecting this discipline with creative customer partnerships and proven operational excellence generates sustainable long-term value. This acquisition delivers a win-win outcome for one of our key financing partners, a key customer, and for Seaspan. Upon delivery of all vessels, we will grow our fleet to 119 vessels, and further cement Seaspan’s position as the leading global independent charter owner and operator of containerships. I’m proud of the Seaspan team for consistently leveraging our core competency in creating quality growth in container shipping and beyond. As consolidation continues to play out in the containership space, we’re well positioned to capture great opportunities in the second hand market and to pursue attractive new build programs.”