Seaspan, the vessel owner and operator focused on leases to the shipping lines, is launching a vessel upgrade program with A.P. Moller – Maersk (Maersk). The two companies are cooperating with the aim to enhance the efficiency of their time-chartered fleet.
Seaspan and Maersk are advancing a comprehensive vessel efficiency programme across 18 vessels on long-term charter to Maersk.
The programme, as the two partners report, is aimed at unlocking measurable gains in fuel efficiency, cargo capacity, operational flexibility, and emissions reduction.
One project they are highlighting is a jointly developed high-impact retrofit solution for four 13,000 TEU vessels. They are calling it one of the most significant upgrade programs for the shared Seaspan – Maersk time charter fleet.
To date, combined investments in fleet upgrades for the 18 vessels, completed and planned, are approximately $75m, with additional efforts in planning.
Maersk and COSCO Shipyard have also signed a non-binding Memorandum of Cooperation with WattSpan, a strategic maritime technology and engineering joint-venture partner to Seaspan, establishing a one-year framework for collaboration on vessel upgrades, energy efficiency improvements, and maritime decarbonization technologies.
Initiatives include, but are not limited to, joint development, information sharing, and future project execution under separate commercial agreements.
“This partnership reflects the kind of practical, high-impact collaboration needed to advance decarbonization across the maritime industry,” said Dimitrios Panagopoulos, chief fleet operations officer at Seaspan. “By working closely with Maersk, WattSpan, and COSCO Shipyard, we are combining technical expertise, operational insight, and long-term investment to improve vessel performance today while preparing our fleet for the fuels and technologies of the future.”
