Seaspan’s $750m acquisition: Diversification or diversion?
Top management has promised containership leasing as a continued key pillar of the company’s businesses, despite its diversification into the energy sector. But the murky landscape of liner shipping has made it increasingly difficult to generate an ‘exciting and predictable’ long-term return envisaged by chairman David Sokol
Does the move to take over APR Energy signal the world’s largest containership lessor owner is diverting its capital into an industry deemed much more promising?