As more new container ships are ordered, Seaspan Corp has signed
up for 27 new dual-fuel vessels. Atlas Corp, the parent company of Seaspan,
revealed the order for 27 new dual-fuel container ships in its half-year
financial filing with the SEC. The new vessels will have capacities between
9,000 and 17,000 TEU and are designed to primarily use LNG, reflecting a shift
towards more environmentally friendly fuel options. Seaspan has not yet
disclosed which shipyards will be building the 27 new dual-fuel container
ships, which are scheduled for delivery between 2027 and 2028. In the first
half of 2024, the company received 18 new build vessels, all of which have been
placed on long-term charters. As of the end of June 2024, Seaspan’s fleet
consisted of 176 container ships with a combined capacity of 1.82 million TEU
and an average age of seven years. Additionally, Seaspan has 35 more container
ships under construction. As part of its push to reduce carbon emissions,
Seaspan recently announced a new container ship design. Developed in
partnership with Technology, the vessel is 198 meters long and can switch from
LNG to ammonia fuel over its lifetime. This design ensures the ship is both
efficient for current market conditions and prepared for future advancements.

