Seaspan Corporation (“Seaspan”), a wholly owned subsidiary of Atlas Corp. (“Atlas”) announced that it has entered into long-term charters with ZIM Integrated Shipping Services Ltd. (“ZIM”) (NYSE: ZIM) relating to ten ultra-modern 7,000 TEU dual-fuel liquefied natural gas (LNG) containership newbuilds. Seaspan will enter into agreements with a major shipyard to construct the LNG Containerships, which are anticipated to begin deliveries in the fourth quarter of 2023 and through 2024. The LNG Containerships are anticipated to be financed from existing liquidity, cash flow from operations, and additional borrowings. The vessels have an aggregate purchase price of about $1.05 billion. The transaction also notes 12-year charters totalling approximately $1.8 billion of gross contracted cash flow.