News / Seaspan still focused on container shipping, despite diversion into energy sector

Boxship lessor Seaspan Corporation says it remains “fully focused” on growing its non-operating containership-owning business, despite its recent decision to invest in the energy sector.

In a lengthy Q&A session, part of its third-quarter earnings call yesterday, management repeatedly denied that a potential $200m investment in the restructured Singapore-listed Swiber Group meant it was no longer interested in container shipping.

Chairman David Sokol said Seaspan would “continue to look at container opportunities”.

However, he said, the Swiber opportunity – which will see the company pay ...