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    Seaspan orders more LNG-powered containerships

Summary

The Hong Kong-based operator expects delivery to begin in the fourth quarter of 2023.

by: Daniel Graeber

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Complimentary, Natural Gas & LNG News, Americas, Liquefied Natural Gas (LNG), Corporate, Investments, Contracts and tenders, News By Country, Hong Kong, Israel

Seaspan orders more LNG-powered containerships

Vessel operator Seaspan, a division of Atlas Corp, said July 6 it planned to spend around $1bn for a fleet of containerships that can run on liquefied natural gas.

Seaspan entered into a long-term charter agreement with Israel’s ZIM Integrated Shipper Services for 10 7,000 TEU dual-fuel LNG newbuilds.

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“Seaspan will enter into agreements with a major shipyard to construct the LNG containerships, which are anticipated to begin deliveries in the fourth quarter of 2023 and through 2024,” the company stated.

Bing Chen, the head of Seaspan, said the newbuilds are the “natural successor” to an aging fleet of conventional vessels within this container capacity.

Based in Hong Kong, Seaspan in February ordered 10 15,000 TEU LNG-fuelled containerships from Korea's Samsung Heavy Industries shipyard. Those are under charter to ZIM under 12-year contracts for trade between Asia and the US East Coast.