Seaspan Corporation has expanded its newbuilding pipeline with an order for two 11,800 teu containerships at China’s Yangzijiang Shipbuilding.
The deal was disclosed as part of a wider $440m package of eight vessel contracts announced by Yangzijiang to the Singapore Exchange. The new orders take the yard’s 2025 intake to 44 ships worth $1.9bn.
Seaspan’s latest move cements its long-standing ties with Yangzijiang and adds to a string of recent big-ticket newbuildings placed at Chinese yards. Earlier this year, the Bing Chen-led owner booked twelve 9,000 teu ships at Hudong-Zhonghua and Shanghai Waigaoqiao, with deliveries from 2028.
Seaspan, part of Atlas Corp, is the world’s largest containership lessor with a fleet of more than 180 vessels in the water and over 40 on order.
The two new 11,800 teu units at Yangzijiang are scheduled to deliver between 2027 and 2029.