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home / news releases / ATCO - Atlas subsidiary enters charter pact for 18 containerships with European liner

ATCO - Atlas subsidiary enters charter pact for 18 containerships with European liner

Atlas Corp.
Atlas's (NYSE:ATCO) wholly-owned subsidiary Seaspan has entered into an agreement with a major European liner customer to forward fix contracts, extending current charter terms for 18 containerships.  The vessels ~83,750 TEU in aggregate, were previously scheduled to roll-off charters in 2023 and 2024, respectively. These charters have now been extended into 2025. The contract extensions are expected to generate ~$0.2B of incremental gross contracted cash flow.

For further details see:

Atlas subsidiary enters charter pact for 18 containerships with European liner
Stock Information
Company Name: Atlas Corp.
Stock Symbol: ATCO
Market: NYSE
Website: atlascorporation.com
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