Seaspan Company Description
Seaspan wants its containerships to span the globe for others. The company charters its vessels on long-term contracts to liner operators that need to expand their fleets. Customers have included China Shipping Container Lines, COSCON (a unit of China COSCO Holdings), and Hapag-Lloyd. Seaspan maintains a fleet of about 30 vessels with an overall capacity of more than 145,000 twenty-foot equivalent units (TEU). The company is part of the Washington Marine Group, which in turn is an affiliate of The Washington Companies, a group of transportation- and natural resources-related businesses controlled by Dennis Washington.
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The Company Description provides a historical perspective of Seaspan's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Seaspan's evolution in the marketplace.
