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Seaspan exercises option for 5 ships

10/5/2013 8:52:51 AM

   Seaspan Corp. said it has exercised options to build five 10,000-TEU containerships at Jiangsu New Yangzi Shipbuilding Co., Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd.

   The ships are scheduled for delivery in 2015 and will be constructed using Seaspan's fuel efficient SAVER design.

   Seaspan said it expects to sign long-term time charters for these vessels with one of the liner majors in the near term.

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