Search results for: Seaspan Corporation

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  • 3 October 2017
    Business & Finance

    Hong Kong-based charter owner and manager of containerships Seaspan Corporation is planning to offer senior unsecured notes due 2027 in a registered public offering. The company said it would use the net proceeds from the USD 80 million public offering to repay existing debt, in addition to other corporate purposes. Following the offering, Seaspan intends […]

  • 3 May 2018
    Business & Finance

    Seaspan Corporation has penned a USD 120 million financing deal intended for 10,000 TEU containership pair.

  • 4 September 2018
    Business & Finance

    Seaspan Corporation has closed a USD 150 million revolving credit facility.

  • 25 February 2020
    Business & Finance

    Seaspan Corporation has agreed to purchase a fleet of four containerships.

  • 12 September 2018
    Business & Finance

    Seaspan to use net proceeds from share offering for general purposes, which may include acquisitions.

  • 24 February 2015
    Business & Finance

    The Hong Kong-based containership owner and operator Seaspan ended the fourth quarter 2014 with USD 27.7 million net profit, 59.3% less compared with USD 68,2 million reported for the same period in 2013. Seaspan recorded USD 132.1 million profit for the full year ended December 31, 56.1% less than USD 299 million net profit reported in 2013. Revenue […]

  • 28 February 2018
    Business & Finance

    Hong Kong-based Seaspan Corporation recovers from last year’s net loss of USD 139 million.

  • 27 April 2017
    Business & Finance

    Hong Kong-headquartered containership manager and owner Seaspan Corporation delivered a net income of USD 40 million in the first quarter of this year, a major jump from a net income of USD 7.1 million posted in the same period last year.  In the quarter ended March 2017, revenue decreased to USD 201.3 million from USD […]

  • 2 March 2020
    Business & Finance

    Seaspan Corporation and Atlas Corp close Seaspan’s holding company reorganization.

  • 19 February 2020
    Business & Finance

    Seaspan Corporation posted a record USD 687 million operating earnings for the full year.

  • 19 September 2019
    Business & Finance

    Seaspan sealed today a USD 500 million financing deal, bringing its financing program to USD 1.5 billion.

  • 22 June 2020
    Project & Tenders, Rules & Regulation

    The departure of the 14,000 TEU containership YM Welcome from Yiu Lian Dockyard’s anchorage in China after her successful sea trials, marked the completion of Seaspan Corporation’s scrubber project production phase. The containership owner has installed scrubbers on ten ships, including five 10,000 TEU vessels and five 14,000 TEU vessels, making the endeavor Seaspan’s largest […]

  • 26 November 2018
    Business & Finance

    Seaspan Corporation has prepaid a credit facility which was secured by six of its vessels.

  • 13 September 2018
    Business & Finance

    Seaspan has priced its USD 150 million share offering at USD 25 per share.

  • 17 September 2018
    Business & Finance

    Seaspan Corporation has prepaid two credit facilities, secured by six of its vessels.

  • 1 August 2017
    Business & Finance

    Hong Kong-headquartered containership manager and owner Seaspan Corporation recorded a net income of USD 28.3 million for the three months ended June 30, 2017, a drop of 22.3 percent when compared to a net income of USD 36.4 million seen in the same quarter last year.  Revenues for the quarter dropped by 8.8 percent to […]

  • 16 June 2016
    Business & Finance

    Hong Kong’s Seaspan Corporation today closed the sale of its series G preferred shares for gross proceeds of USD 115 million. The company said that it intends to use the net proceeds of the offering for general corporate purposes, which may include funding acquisitions, funding capital expenditures on existing newbuild vessels and debt repayments. Seaspan sold a total of 4.6 million […]

  • 24 July 2020
    Vessels

    Containership owner and operator Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., revealed it was spending approximately $146 million in cash on the purchase of two 13,000 TEU containerships. As disclosed, the vessel purchase will be financed from additional borrowings as well as cash on hand. Seaspan expects to take delivery of the containerships, built in […]

  • 25 November 2019
    Business & Finance

    Containership operator Seaspan Corporation is to create a new holding company, Atlas Corp.

  • 16 January 2019
    Business & Finance

    Seaspan Corporation closes the second tranche of the USD 1 bn investment by Fairfax Financial Holdings Limited.

  • 1 May 2012
    Business & Finance

    Seaspan Corporation announced today that it accepted delivery of a 13100 TEU containership, the COSCO Fortune, on April 27, 2012. The new containership, which was constructed by Hyundai Heavy Industries Co., Ltd., is Seaspan’s fourth delivery in 2012 and expands the Company’s operating fleet to 69 vessels. The COSCO Fortune is on charter to COSCO […]

  • 19 April 2012
    Business & Finance

      Seaspan Corporation announced that it has accepted delivery of a 13100 TEU containership, the COSCO Hope. The new containership, which was constructed by Hyundai Heavy Industries Co., Ltd., is Seaspan’s third delivery in 2012 and expands the Company’s operating fleet to 68 vessels. The COSCO Hope is on charter to COSCO Container Lines Co., […]