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Acquisition consortium completes Atlas takeover

Container News Team - 0
Poseidon Acquisition Corp. has completed the previously announced takeover of Atlas Corp., the parent company of Seaspan. That means that the acquisition consortium, formed by...
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Atlas acquisition from business consortium to be completed in March

Antonis Karamalegkos - 0
Poseidon Acquisition, a business consortium comprising Ocean Network Express (ONE) and major shareholders Fairfax Financial Holdings, the Washington family, and Atlas Chairman David Sokol,...
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Poseidon Acquisition Corp. acquires Atlas for US$10.9 billion in an all-cash transaction

Antonis Karamalegkos - 0
Atlas Corporation, the parent company of Seaspan, has accepted the buyout offer by Poseidon Acquisition Corp. and the consortium will acquire the New York-listed company...
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ZIM to charter 150,000TEU in LNG boxships to enhance Asia-US EC network

Container News Team - 0
ZIM Integrated Shipping Services Ltd. and Seaspan Corporation have announced today (12 February) a strategic agreement for the long-term charter of ten 15,000TEU liquefied...
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Seaspan Corp acquires two container ships

n.savvides - 0
Vancouver-based Seaspan Corporation has reported that it has acquired two 13,000TEU ships for around US$146 million. These vessels will both immediately go out on...
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July 2025

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Port of refuge deal closer for more stable Wan Hai 503

CN Premium Articles Container News Team - 0
Salvage teams assisting with the Wan Hai 503, which suffered a cargo fire on 9 June, have further stabilised the ship and reduced the...
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Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

CN Premium Articles Giannis Nikolakis - 0
In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...
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ABS unveils breakthrough EV Battery Fire Simulation Model

News Antonia Saratsopoulou - 0
American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...
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