Seaspan Corporation (Seaspan), a wholly-owned subsidiary of Atlas Corp. (Atlas) (NYSE:ATCO), Thursday (Sep10) announced that it has taken delivery of two high-quality 13,000 TEU containerships built in 2010 and 2011.
Both vessels have commenced long-term time charters with a leading global liner. The acquisitions were previously announced in July 2020.
Bing Chen, Chairman, President and Chief Executive Officer of Seaspan, commented, “Despite the unprecedented pandemic, we have now completed the acquisition of 13 high-quality vessels since December of 2019. We continue to execute on one of our key growth strategies through our strong pipeline of quality growth opportunities with a disciplined focus on assets that further strengthen longterm partnership with our customers and generate attractive risk-adjusted returns. We are excited about the opportunities ahead, and remain focused on continuing to expand the scope of our businesses while leveraging operational excellence and a strong liquidity position.”