Seaspan Corporation’s Grand Return to Shipbuilding: 27 Dual-Fuel Vessels Ordered

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Seaspan Corporation has returned to shipbuilding in style with a large order for a series of 27 dual-fuel vessels, reports splash247.

Parent company 

Parent company Atlas revealed a newbuilding programme in a filing to the US Securities and Exchange Commission that covers ships ranging in capacity from 9,000 teu up to 17,000 teu.

Seaspan, who ordered a raft of boxships in 2021, had commissioned unnamed builders in June this year under 13 contracts for four methanol and LNG dual-fuel 9,000 teu units each and five 17,000 teu ships capable of running on LNG.

Four other LNG dual-fuel 9,000 teu units were ordered and novated to a customer, while five more 17,000 teu and another five 16,000 teu newbuilds with the same fuel option have been booked against charters to an undisclosed liner.

The container newbuilding rush, after about a two-year lull, has added some 1.5m teu to the orderbook year to date. Contracting is expected to continue, with analysts at MB Shipbrokers now estimating an additional newbuild capacity of about 0.7m teu to be added to the world orderbook by the end of the year.

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Source: Splash247