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28 August 2026

Seaspan takes the renminbi into the global P&I market

Downunder Voices Newsroom

Source reporting: Splash247

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Seaspan takes the renminbi into the global P&I market

Bing Chen-led Seaspan is taking the internationalisation of the renminbi into marine insurance, becoming the first overseas shipowner to pay protection and indemnity calls to China P&I Club in the Chinese currency. The containership lessor and China Shipowners Mutual Assurance Association signed an agreement in Shanghai this week covering two 14,000 teu newbuildings, which will …

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