Seaspan CEO: US-China trade spat will not rock boat

Hong Kong container shipping firm has amassed $1b of investment from Fairfax Financial for acquisitions in a sector ripe for consolidation; signalling confidence even as trade tensions ramp up.

The world’s largest independent containership owner-operator, Seaspan Corp., is upgrading its fleet and plotting acquisitions, a sign of confidence the sector can ride out the US’s renewed trade offensive against China.

Shipping companies’ share prices have been roiled by rising tensions between the superpowers. On March 22 the White House moved ahead with tariffs against China, less than two weeks after both sides agreed a truce.



¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media