Seaspan Corporation Pte. Ltd. said on Aug. 27, 2026, that Kroll Bond Rating Agency (KBRA) upgraded its issuer and senior unsecured debt ratings to BBB- from BB+, while affirming the BBB rating on its senior secured bonds. KBRA cited Seaspan’s continued growth, strong contracted cash flow profile, funding flexibility, high utilization rates, consistent operating performance, increased scale, expanded unencumbered fleet, longer average charter duration, diversified funding sources and resilience through market cycles. Seaspan Chief Financial Officer Andreas Brauch called the action an important milestone and said the investment-grade rating reflects the strength of the company’s operating platform and its commitment to maintaining a robust financial profile while investing in quality growth. Seaspan continues to expand and modernize its fleet, which comprised 247 vessels as of June 30, 2026, pro forma for undelivered newbuilds, with approximately 2.5 million TEU of capacity on a fully delivered basis.