Seaspan Corporation Pte. Ltd. said Kroll Bond Rating Agency (KBRA), a credit ratings agency, upgraded its issuer and senior unsecured debt ratings to BBB- from BB+, while affirming its BBB senior secured debt rating. The upgrade recognizes Seaspan’s continued growth, strong contracted cash flow profile, funding flexibility, high utilization rates and consistent operational performance. KBRA also cited the company’s 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 achieving investment grade status with KBRA reflects the strength of the company’s operating platform and its commitment to maintaining a robust financial profile while investing in quality growth. The company continues to expand and modernize its fleet, with a focus on efficient, reliable and environmentally advanced vessels. As of June 30, 2026, its operating fleet comprised 247 vessels, pro forma for undelivered newbuilds, with total capacity of approximately 2.5 million TEU (twenty-foot equivalent units) on a fully delivered basis.