China: Seaspan Takes Delivery of Its Sixth Containership Built by HHI

Seaspan Corporation announced yesterday that it accepted delivery of a 13100 TEU containership, the COSCO Faith.

The new containership, which was constructed by Hyundai Heavy Industries Co., Ltd., is Seaspan’s second delivery in 2012 and expands the Company’s operating fleet to 67 vessels.

The COSCO Faith is on charter to COSCO Container Lines Co., Ltd. (“COSCON”) under a twelve-year, fixed-rate time charter. The ship is the sixth of eight 13100 TEU sister ships and the 16th of a total of 18 vessels to be chartered by Seaspan to COSCON.