Seaspan takes third 13,100TEU container ship

11 Aug 2011

Seaspan Corporation has accepted delivery of a 13,100 TEU containership, the Cosco Development. The new ship was constructed by Hyundai Heavy Industries.

The Cosco Development is Seaspan's ninth delivery in 2011 and expands the company's operating fleet to 64 vessels. The new ship is on charter to Cosco Container Lines under a twelve-year, fixed-rate time charter. The ship is the third of eight 13,100TEU sister ships and the 13th of a total of 18 vessels to be chartered by Seaspan to Cosco.

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