Containership Operator Seaspan Exploring Opportunities in LNG
Hong Kong- based containership driver Seaspan Corporation has actually authorized a structure contract with COSCO Shipping’s power transport device for a calculated teamwork pertaining to discovering possibilities in liquified gas.
COSCO Shipping Energy concentrates on the transport of LNG, oil items, and also various other power items under China COSCO Shipping Corporation, and also manage the biggest LNG fleet in China with 29 LNG vessels in procedure and also an additional 9 on order.
Seaspan, on the other hand, runs a fleet containing 112 containerships with an overall ability of greater than 900,000 TEU.
Pursuant to the Agreement, both events are devoted to enhancing “their exchange of and collaboration on opportunities relating to LNG investments, LNG projects, LNG transportation, ethane transportation, or other related and mutually beneficial projects,” according to a news release.
“The strategic partnership will leverage the strengths and networks of both companies, taking advantage of COSCO SHIPPING Energy’s experience in the building, operation, and management of LNG vessels, and Seaspan’s global experience in the operation and management of containerships, as well as the networks and experience of its board members in the energy sector,” journalism launch mentioned.
Bing Chen, Seaspan’s President and also Chief Executive Officer commented, “Seaspan has long-standing integrated services with COSCO Shipping in container shipping, and we are proud to carry this partnership forward to opportunities in LNG. We are confident that the combined strengths of both companies will generate significant value in the future.”