Boxship owner Seaspan Corp’s appetite for new boxships continues to grow. Having splashed out $4.6bn on 37 big containership newbuildings since December, the tonnage supplier is set to spend another $1.46bn on a further 20 new vessels.
But this time it has switched its focus from big boxships to units of 7,000 teu, according to shipping sources.
They added that neo-panamaxes are becoming increasingly popular in trades from Far East Asia to the Middle East Gulf as well as north-south trades, and that orders for the vessel size is expected to rise.
