Seaspan Receives Delivery of Containership

7 September 2009 (Last Updated September 7th, 2009 18:30)

Chinese charterer Seaspan Corporation has received delivery of the MOL Eminence containership from Hyundai Heavy Industries. The 5,100TEU ship, which is the company's fifth new-build this year, expands the company's fleet to 40. The MOL Eminence is chartered to

Chinese charterer Seaspan Corporation has received delivery of the MOL Eminence containership from Hyundai Heavy Industries.

The 5,100TEU ship, which is the company’s fifth new-build this year, expands the company’s fleet to 40.

The MOL Eminence is chartered to Mitsui OSK Lines under a 12-year, fixed-rate time charter which requires MOL to pay all fuel, cargo-operating and related costs.

Seaspan expects its contracted revenue to grow nearly 218% to reach $7bn and annual revenue to rise about 145% to approximately $700m.