Boxship owner Seaspan Corp is intent on fixing its smaller vessels for longer periods rather than selling them.

The leading tonnage provider is arranging charters of up to five years on a fleet of about 30 classic panamax and sub-panamax boxships set to be redelivered to the owner in 2022.

Bing Chen, president and chief executive of holding company Atlas Corp, said those vessels are expected to have charter terms concluded in the second half of this year.