Seaspan Corporation

Seaspan Corporation Purchase of 10 x 15,000 TEU Vessels

Borrower (s)
Seaspan Corporation
Industry
Transport/Ships
Area of finance
Shipping Finance
Region
Asia Pacific
Countries
Korea

Deal Overview

Korean ECAs supported financing for Seaspan Corp’s purchase of 10 x 15,000 TEU vessels under construction at SHI with JOLCO option. The 10 vessels are LNG dual fueled brand new containerships and meet the EU Taxonomy criteria for energy efficiency (EEDI). The vessels will run on LNG, with...

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Korean ECAs supported financing for Seaspan Corp’s purchase of 10 x 15,000 TEU vessels under construction at SHI with JOLCO option. The 10 vessels are LNG dual fueled brand new containerships and meet the EU Taxonomy criteria for energy efficiency (EEDI). 

The vessels will run on LNG, with pathway towards bio-LNG. Under the EU taxonomy bio-methane qualify as a fuel coming from renewal source, which is making this transaction eligible for Positive Impact Finance. 

Seaspan is working towards decarbonization by reducing their emissions and improving their AER/EEDI.

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Deal Volume
$1.08bn
Financial Close
23 December 2021
Sources
Submitted by participant(s), Press release, TXF article

All Dealmakers

Kelly Wess

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Jesse Kim

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Yunsun Jeong

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Wei-Fong Chan

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Louise XU

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Agnès TAUTY-GIRALDI

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Valerie Mace

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Sam Nicholls

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Sangyoub You

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Hugo Dubost

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Antoine GUINOT

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Tranches


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Assets

Asset Type: Manufacturer:
Shipping Samsung Heavy Industries
Shipping Samsung Heavy Industries
Shipping Samsung Heavy Industries
Shipping Samsung Heavy Industries
Shipping Samsung Heavy Industries
Shipping Samsung Heavy Industries
Shipping Samsung Heavy Industries
Shipping Samsung Heavy Industries
Shipping Samsung Heavy Industries
Shipping Samsung Heavy Industries