CLAVE 1 / 4Seaspan becomes the first overseas shipowner to pay P&I calls in renminbi to China P&I Club.
CLAVE 2 / 4The deal covers two 14,000 teu newbuildings, with premiums settled through a cross-border RMB arrangement.
CLAVE 3 / 4China P&I Club hails the move as a pioneering use of offshore renminbi in international marine insurance.
CLAVE 4 / 4Seaspan’s broader financial ties with China include RMB11.2bn ($1.5bn) in charter agreements with OOCL.
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