Containerships will remain at the core of Seaspan Corp’s quest for “quality growth opportunities” even after its leap outside the shipping space.
But in an interview with TradeWinds, Bing Chen, chief executive of Seaspan and its recently created parent, Atlas Corp, was keen to underscore the continuity and “disciplined allocation of capital” behind its latest big investments.
Last month, New York-listed Seaspan, with its fleet of 119 owned and managed containerships, suddenly went from being the purest of pure containership plays to a vertical subsidiary within a multi-industry asset-leasing company.
