News / Bullish Seaspan reports highest vessel utilisation rate for eight years

© Khunaspix Dreamstime.

Seaspan has reported its highest vessel utilisation rate since 2011.

The non-operating containership owner announced its latest quarterly results today.

Chief executive Bing Chen explained: “Our focus on operational excellence, together with Customer Partnership as the preferred solution provider of our customers, has resulted in our highest quarterly utilisation rate for our 112 vessels fleet since 2011 – 99.6%.

“We continue to strengthen our customer-centric approach, which this quarter generated an attractive vessel acquisition to facilitate the growth needs of one of our ...