Seaspan Acquires 3rd 10000 TEU SAVER Containership

 

Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the Hanjin Tabul.

The new containership, which was constructed at Jiangsu New Yangzi Shipbuilding Co., Ltd. using Seaspan's fuel-efficient SAVER design, is Seaspan's third of five 10000 TEU SAVER design containerships scheduled for delivery in 2014.

The Hanjin Tabul will commence a ten-year, fixed-rate time charter with Hanjin Shipping Co. Ltd. ("Hanjin"). The ship is the third of a total of three vessels to be chartered by Seaspan to Hanjin, and expands the Company's operating fleet to 74 vessels.