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Acquisition consortium completes Atlas takeover

Container News Team - March 28, 2023 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...

News

Atlas acquisition from business consortium to be completed in March

Antonis Karamalegkos - March 1, 2023 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,...

News

Poseidon Acquisition Corp. acquires Atlas for US$10.9 billion in an all-cash transaction

Antonis Karamalegkos - November 1, 2022 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...

News

Financial Products Group in purported second Seaspan transaction

Container News Team - September 2, 2022 0

Japanese leasing house Financial Products Group (FPG) said on 1 September that it has completed a sale-and-lease transaction for 15 boxship newbuildings. While FPG did...

News

Orders by MSC and Seaspan revive K Shipbuilding

Container News Team - June 6, 2022 0

K Shipbuilding has been given a new lease of life with orders from Seaspan Corporation and MSC for a total of eight 8,000 TEU...

News

Seaspan and Anglo-Eastern unveil new joint venture

Container News Team - April 25, 2022 0

Hong Kong-headquartered container vessel owner Seaspan Corporation and its compatriot ship manager Anglo-Eastern Univan Group have announced the formation of Sea Sourcing Pte Ltd,...

News

Seaspan extends charter deals for 18 container ships

Container News Team - March 17, 2022 0

Seaspan Corporation has entered into an agreement with a major European liner customer to forward fix contracts, extending current charter terms for 18 container...

News

Seaspan secures full financing for 70-vessel newbuild programme

Container News Team - January 7, 2022 0

The Canadian vessel owner and operator, Seaspan has sealed the last of its financings for its 70-vessel newbuild programme. The company said the proceeds from...

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Eastern Pacific books three more 7,000TEU ships at New Times

Container News Team - October 15, 2021 0

Eastern Pacific Shipping has returned to New Times Shipbuilding for three more 7,000TEU container ships. The Singapore-based outfit, owned by Idan Ofer, commissioned the additional...

News

Cavotec to supply Evergreen, Seaspan and Capital with shore power connection systems

Container News Team - October 11, 2021 0

The supplier of cleantech systems Cavotec has been awarded three orders for its shore power connection systems by the marine equipment manufacturer Samsung Heavy...

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