Financial Ports

Seaspan breaks dollar dominance: first P&I calls in renminbi

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.

Lee la noticia completa con todos los detalles

Leer el artĂ­culo