Seaspan Completes Remote DoC Audit with DNV GL
The world’s largest container tonnage provider has become the latest vessel owner to benefit from classification society DNV GL’s remote audit capabilities, as the impact of the global COVID-19 crisis continues to spur the increased use of remote survey services globally.Under a Hong Kong flag special authorization, DNV GL, together with representatives from Seaspan Corporation, carried out a remote Document of Compliance (DoC) audit of the company’s Safety Management System (SMS).According to DNV GL…
Seaspan Selects Alfa Laval's Steam Solution
Seaspan Ship Management selected Alfa Laval to help resolve steam balance and redundancy issues connected to sulfur-compliant fuels. The solution – an integrated steam boiler plant comprising oil-fired steam production, waste heat recovery, advanced control and connectivity – will be implemented on eight Seaspan-owned large container ships.Prior to the IMO global sulfur cap’s entry into force, Seaspan Ship Management made the decision to work with sulfur-compliant fuels on its container vessels.
Seaspan Takes Delivery of Four 12,000 TEU Vessels
Seaspan Corporation has taken delivery of four 12,000 TEU vessels, each having commenced five-year time charters with a global liner, the ship owner announced Thursday.Three of the eco-modern containerships were built in 2018, and the other in 2017.Seaspan, a wholly owned subsidiary of Atlas Corp., announced last month it closed four flexible finance lease transactions with total proceeds of approximately $340 million. At the conclusion of the initial 10-year term, Seaspan is obligated to purchase the vessels at a predetermined price.Bing Chen…
Seaspan Marine Transportation Names Wortman CFO
Seaspan Marine Transportation said it has appointed Linda Wortman as Chief Financial Officer.Wortman brings to this position more than 25 years of accounting and finance experience. She joined Seaspan in 2008 as Controller, Marine and was promoted to Vice President, Corporate Finance, Accounting in 2016. Her responsibilities were expanded to include Seaspan’s Corporate Supply Chain Management and Risk and Insurance functions in 2017.
Seaspan Buys Boxships Quartet
Hong Kong-based owner and manager of containerships in the world Seaspan Corporation has agreed to purchase a fleet of four containerships for approximately $367 million in cash.The ships include four 12,000 TEU vessels, with three built in 2018 and one built in 2017. The vessels, once delivered, will operate under long-term time charters with an undisclosed global liner, Seaspan said.The purchase of the vessels is expected to be financed from additional borrowings as well as cash on hand.
SMS Group Completes Refit for Holland America
The SMS Group has completed two pieces of major interior outfit work for Holland America Line in the Caribbean and Canada.This division is led by industry veteran Dan Lockyer. In respect to the recent wins Dan said: “We completed these first two, major projects, on time and on budget. “The Noordam refit, undertaken in the Seaspan yard in Victoria, Canada, We had over 20 men onsite, with two project managers, and completed works in 742 cabins. “The Volendam was similar, although a slightly smaller project. The works were undertaken in Freeport, Grand Bahamas.
Seaspan Buys Fleet of 6 Containerships
Hong Kong-headquartered Seaspan Corporation, a major player in independent containership management and ownership, has agreed to acquire a fleet of six containerships for $380 million in cash.The independent containership lessor said that the purchase of the acquired vessels is expected to be financed from additional borrowings as well as cash on hand.The closing of the acquisition is expected to occur in December 2019, and is subject to customary closing conditions. Upon closing…
B.C. Backs LNG Bunkering
The British Columbia Government has joined Vancouver Fraser Port Authority and FortisBC to establish the first ship-to-ship LNG marine refueling – or bunkering – facility on the west coast of North America.The use of LNG to power the world’s ocean-going vessels is forecast to expand and B.C. is well positioned to benefit from this growth.According to industry standards, replacing diesel fuel with LNG has the potential to reduce greenhouse gas (GHG) emissions by approximately 20%. Because FortisBC’s Tilbury facility runs on clean B.C.
Seaspan Names Hargreaves VP, Strategy & Business Development
Seaspan Shipyards, Canada’s non-combat shipbuilding partner for the National Shipbuilding Strategy, is pleased to announce the appointment of David Hargreaves as Vice President, Strategy & Business Development.David brings to Seaspan over 25 years of experience in complex system engineering and a track record of growth-oriented industrial development, building long-lasting customer relationships and establishing strategic partnerships.Leveraging Seapan’s world class modern infrastructure…
Seaspan Shipyards Welcomes MacLeod as VP
Seaspan Shipyards has announced the appointment of Amy MacLeod as the organization’s new Vice President, Corporate Affairs & External Communications. Based in Ottawa, MacLeod will be responsible for developing, managing and maintaining strategic public relations and external communications plans and tactics to support Seaspan Shipyards’ business and marketing objectives.Amy MacLeod a well-known executive and community leader in the Ottawa area, MacLeod joins Seaspan with over 25 years of communications experience in the technology and defense sectors as well as with political organizations.
Clarke Joins Seaspan Shipyards as CFO
Seaspan Shipyards (Seaspan) has announced the appointment of James Clarke as Chief Financial Officer (CFO). With more than 15 years of senior finance experience in engineering and industrial environments Mr. Clarke brings his strong background in strategic finance to Seaspan’s growing shipbuilding and ship repair operations.Clarke joins Seaspan from the Houston, Texas, office of SNC Lavalin where he was the Chief Financial Officer and Senior Vice President of Finance for the Oil and Gas Division with operations in the Americas, Middle East, and Australia.
Seaspan Buys 9600 TEU Boxship
Hong Kong-headquartered containership management and ownership company Seaspan Corporation announced that it has purchased a 2010-built 9600 TEU containership and entered into a fixed rate time charter agreement for the vessel with Ocean Network Express (ONE).The time charter will be for a term of 36 months with an option for up to an additional four months, said the charter owner and operator of containerships.Seaspan expects to take delivery of the vessel by the end of April 2020, said a statement.Upon delivery of the vessel, Seaspan's fleet will expand to 113 vessels.
Haisla Nation, Seaspan ink LNG Canada Tug Deal
HaiSea Marine, a joint venture partnership between the Haisla First Nation and Seaspan ULC, today announced the signing of a contract award with LNG Canada to design, build and operate escort tugs and harbor tugs required for LNG Canada’s LNG export facility in Kitimat, British Columbia.The value of the contract award is approximately $500 million over 12 years and will result in employment for approximately 70 mariners and six onshore staff, plus other roles for employees of the partner organizations.“HaiSea Marine is majority-owned by the Haisla…
Video: CMA CGM Box Ship Smashes Into Dock
A CMA CGM containership plowed head-on into a pier at India's largest container port on Saturday, causing visible damage to the dock.The 336-meter, 10,000 TEU CMA CGM Mumbai reportedly lost steering while attempting to berth at the Jawaharlal Nehru Port,on the west coast of India. Officials said damage to the pier is only minor, and the damage to the ship is unkonwn. No injuries were reported.The Hong-Kong flagged vessel, owned by CMA CGM and operated by Seaspan, was delivered in May this year from Chinese yard Yangzijiang Shipbuilding.
SEDNA’s Powerful Teamwork and Transaction Tool
In shipping, the team with the best documentation always wins. Today, for many stakeholders, that increasingly means employing SEDNA’s E-mail software platform for myriad projects.Bill Dobie is Founder and CEO of SEDNA with over 20 years of experience in bringing technology and people together while creating opportunity for innovation and growth. His newest product, specifically designed for the shipping industries, is a cloud-based communication and transaction management platform…
NORDEN Adopts SEDNA
Danish dry cargo and product tanker operator NORDEN has announced the selection of SEDNA as a new platform for transaction management and team collaboration. NORDEN will use SEDNA across its business, replacing email as the default mode of communication for teams, and forming a key part the company’s business strategy of ‘Focus & Simplicity’.With an owned and chartered fleet of over 300 dry cargo and tanker vessels, NORDEN is the latest in a line of businesses in the shipping…
Lamarre Named CEO at Seaspan Shipyards
Mark Lamarre, who most recently served as CEO of Australian Shipbuilding Company (ASC), has been named CEO of Seaspan Shipyards effective immediately. Lamarre succeeds Brian Carter, who stepped down to pursue other opportunities.Lamarre’s appointment follows recent Seaspan Shipyards additions to the senior leadership team, including Jari Anttila (previously with Philly Shipyard Inc. and Meyer Turku in Finland) as COO and Christof Brass (previously with Airbus Group SAS) as CFO.Lamarre is an experienced shipbuilding executive with more 30 years of experience in operations…
Seaspan Shipyards Names Anttila COO
Seaspan Shipyards (Seaspan) appointed Jari Anttila as Chief Operating Officer (COO), who has more than 25 years of experience in shipbuilding and industrial operations. Previously with Philly Shipyard Inc. where he served as Senior Vice President, Anttila has considerable experience in successfully leading organizations through large shipbuilding projects. Prior to joining Philly Shipyards Inc., he held positions as Executive Vice President, Chief Operating Officer and Senior Vice President with Meyer Turku and its predecessors in Finland. Mr.
Sailors’ Society Launches Wellness at Sea E-Learning
International maritime welfare charity, Sailors’ Society, has launched an online version of its widely respected Wellness at Sea coaching program.The e-learning platform opens up the globally renowned course, which until now was only available in a classroom setting, to thousands more seafarers for just $3 per user.Sandra Welch, deputy CEO of Sailors’ Society, said, “Seafarers are the lifeblood of world trade and our latest Wellness at Sea conference highlighted yet again how important it is that the human element be valued…
Fairfax Financial Invests Additional USD 500mln in Seaspan
Containership owner operator Seaspan Corporation has announced that Fairfax Financial Holdings Limited, through certain subsidiaries, has entered into a definitive agreement to invest an additional $500 million of equity in Seaspan through the exercise of two tranches of warrants, increasing Fairfax’s total investment in Seaspan to $1 billion. "Building on our acquisition of Greater China Intermodal Investments and existing partnership with Prem Watsa and Fairfax, the cumulative investment of $1 billion from Fairfax will also significantly strengthen Seaspan’s balance sheet…
Seaspan Recognized for Environmental Stewardship
Seaspan was recognized as a recipient of the Blue Circle Award at an Awards Ceremony in Vancouver last night, presented by the Vancouver Fraser Port Authority (VFPA). The Blue Circle Award recognizes marine carriers that excel in environmental stewardship and attain the highest participation rates in the Vancouver Port Authority’s EcoAction Program.“We’re very proud to be recognized by the VFPA for our efforts. As a leader in the marine industry, we firmly stand behind our commitment to care for the environment…
10,000 TEU Vessel Delivered to Seaspan
Seaspan Corporation said it has accepted delivery of the CMA CGM Cochin, a 10,000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. for a three year term with an option to extend for an additional three years.The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. and Jiangsu New Yangzi Shipbuilding Co., Ltd., is the second in a series of four 10,000 TEU vessels under time charter to CMA CGM that are scheduled to deliver in the first half of 2018.
Mark Chu Steps Down as COO of Seaspan
Seaspan Corporation, the world's largest independent containership owner operator, has announced that Mark Chu has notified the company that he plans to step down from his roles as General Counsel and Chief Operating Officer to pursue other opportunities. Chu will remain in his current roles through August 31st, 2018 to help facilitate a seamless transition. Bing Chen, President and Chief Executive Officer of Seaspan said, "I would like to thank Mark for his many contributions to Seaspan over the years.
Courson to Replace Spivak as Seaspan CFO
Ship owner Seaspan Corporation announced that Ryan Courson will take over as the company’s chief financial officer following David Spivak’s decision to leave the post in early May. Spivak will continue as CFO until May 5 and will stay on as special advisor to the president and chief executive officer through the end of June. Courson joined Seaspan in March 2018 as senior vice president of corporate development. Prior to joining Seaspan, he spent three years at Falcon Edge Capital…
Seaspan Buys GCI from Carlyle
Containership owner and operator Seaspan Corporation announced it has acquired Greater China Intermodal Investments LLC (GCI) from affiliates of The Carlyle Group and other minority owners. Seaspan, which previously held 11 percent of GCI and operated the company’s container vessel fleet, will take over GCI’s 16 on the water 10,000-14,000 TEU containerships plus two newbuilds scheduled for delivery during Q2 2018. All 18 vessels sister ships to Seaspan’s current fleet. “With GCI’s fleet now under our ownership…
Seaspan Shipyards Gets Orders for LNG Vessel Engine Conversions
Seaspan Shipyards demonstrates its capabilities with liquefied natural gas (LNG) vessel engine conversions in the wake of a major project milestone. Victoria Shipyards (VSL) was selected by TOTE Maritime Alaska to carry out the yard production work and docking necessary for the conversion of their two TOTE Orca class vessels to dual-fuel systems, a process which is being carried out in four phases and will enable the two ships to use LNG as fuel. The ‘North Star’, the first of the two 839-foot-long roll-on…