Seaspan Signs MoU with Ontario-based Stigterstaal Canada & Algoma Steel

Seaspan Signs MoU with Ontario-based Stigterstaal Canada & Algoma Steel

Seaspan Vancouver Shipyards (Seaspan) has signed a Memorandum of Understanding with Stigterstaal Canada and Algoma Steel Inc. to explore a partnership aimed at reestablishing a domestic steel supply chain and expanding shipbuilding in Canada.

This MoU develops a framework for assessing the feasibility of Algoma Steel supplying Class and non-Class steel to Seaspan through Stigterstaal, evaluating technical, commercial and logistical requirements for Seaspan’s first-in-class icebreaker build, and strengthening Canada’s industrial capabilities to support long-term sustainability of the national shipbuilding sector.

The MoU aligns with Seaspan’s broader efforts to increase the use of Canadian-made materials in shipbuilding under the NSS and foster collaboration across the country’s industrial base.

Courtesy of Seaspan.

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