China Merchants emerges as seller in $380m Seaspan deal

China Merchants Bank (CMB) has emerged as the seller of six neo-panamax boxships to New York-listed Seaspan Corp.

Seaspan said last week it had acquired the sextet in a $380m deal but did not name the ships.

The boxships are the 10,700-teu APL Southampton, APL Paris and APL Dublin (all built 2012), and the 9,200-teu APL Vancouver, APL New York (both built 2013) and APL Mexico City (built 2014).