ship money © Sergey Khakimullin |
© Sergey Khakimullin

Containership owner Seaspan Corporation has acquired a financial war chest to consolidate the “fragmented” boxship leasing market and further strengthen its leading position.

Last week, Fairfax Financial Holdings announced a $500m investment in Seaspan, which said it would prioritise strengthening its balance sheet.

However, it has confirmed it will ...

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