“Our Board of Directors and management team are excited by this transformative investment, which will further bolster Seaspan’s strategy to lead consolidation in the fragmented containership sector and capitalize on the most compelling opportunities in the shipping sector and beyond it,” David Sokol, Chairman of Seaspan Corporation, commented.
The company’s consolidation push resulted in Seaspan’s acquisition of Greater China Intermodal Investments, which owns a fleet of 18 containerships, comprising 10,000 TEU and 14,000 TEU eco-class vessels.
“As the global containership industry continues to consolidate, we believe owner-operators like Seaspan, with financially sound balance sheets, will have excellent growth prospects. We are excited about Seaspan’s outstanding progress over the past six months, and with David Sokol’s proven capital allocation and shareholder value creation credentials, we are thrilled to expand our relationship,”Prem Watsa, Chairman and Chief Executive Officer of Fairfax.
Under the terms of the transaction, upon exercise of the warrants issued to Fairfax, in January 2019 Fairfax will acquire approximately 38.46 million Class A common shares at an exercise price of USD 6.50 per share, for a total equity investment of USD 500 million.
Seaspan will issue Fairfax seven year warrants to acquire 25 million Class A common shares at an exercise price of USD 8.05 per share and amend the terms of the debentures that were issued in February 2018 and those to be issued in January 2019 to allow Fairfax to call for early redemption of those debentures.
This will bring Fairfax’s total investment in Seaspan to USD 1 billion, consisting of USD 500 million of Class A common shares and USD 500 million in debentures.(marine crane manufacturer;offshore crane manufacturer)
OUCO Marine/Offshore Knuckle boom crane
OUCO Marine/Offshore knuckle boom cranes are designed to lift high loads with extended jib and provide the operator
with great flexibility during lifting operations. OUCO Marine/ Offshore knuckle boom cranes range is available from 0.5t
to 150t. The knuckle boom cranes are with easy maintenance and efficiency by taking small space. The improved level
of control makes the crane ideal for offshore lifting operations in higher sea states to deal with big waves.(marine crane manufacturer;offshore crane manufacturer)
Main Features And Advantages
1.Hydraulic type makes the crane maintain easily.
2.Flexibility by extending booms.
3.Smaller ones takes very limited space on the vessel/ship/shipyard.
4.Bigger ones can do heavy duty loads in several working conditions.
5.The innovative design of the knuckle boom crane allows workers to perform great number of logistic tasks. The
function of these heavy duty.
6.machines is to load and unload heavy materials from one location to another.Due to its durable construction
technologies and precision.
7.knuckle boom crane provides an extra solid hand to any workforce. With its great lifting power, payload space and
maneuverability, knuckle boom crane successfully replaces manpower.
We are an integrated company of industry and trade,our factory specialize in this field for many years. We can
design and manufacture any type marine/offshore cranes based on your technical requirements.
We have examined every detail in the production process.
Packing & Delivery
We try to keep shipping as a whole to reduce installation time. It is our pleasure to allow you to use our crane as soon
Pre-Sales Service After-Sales Service
1.Inquiry and consulting support. 1. Engineers available to service machinery overseas.
2. View our Factory. 2.Training how to instal and use the machine .
3. Check the load test before shipment. 3.12 months free maintenance.
We are an integrated company of industry and trade,our factory specialize in this field for many years.Our factory
can design andmanufacture any type marine/offshore cranes based on your technical requirements. To deliver the
best possible products for the bestpossible price and quality. We are competitive as we have low labor cost, and
deliver quality because we use Europeancomponentsin our cranes.Not only to deliver a good product, by experience
we know that a crane is a one time investment for a client and howimportant it is to do repairs at location in a short
time as most clients have to deal with a high day-rate from their vessels; “Down-time” is expensive.
Do not be hesitate, please feel free to "SEND" inquiry to us.
Our factory has the most advanced production equipments and all types. We can produce all kinds of products you
want with theseequipments.
Our factory has all kinds of cerltificates for you to choose from.
Q:1. What's the information should I provide when inquiry?
A: More details or drawings, better.
A: Lift capacity B: span C: lift height D: power sourceor other specials you give us will be more appreciated.
Q:2. How many operating methods for my selection?
A: Standard operating methods:
A: pendent controller with push buttons .B: remote control with push buttons
C: cabin(space capsule seat) control with joystick. Choose any type as you like.
Q:3. Can this type work in hazardous environment?
A: Sure! We can customize for you, acid proof or explosion proof, no problem for that.
Q:4. Can you provide the serious lifting tools?
A: Sure, we can provide any lift tools such as lift sling belt, lift clamp, grab, etc as your requirement!
Q:5. How can we install the crane?
A: Our senior engineer can be your side to do the installation guide service and training.
Q:6. Safety device
A: Overload limiter, Limit Switch (lifting and traveling), Interlock protection device.