Third Newbuild Joins Seaspan’s Fleet

Seaspan Corporation has accepted delivery of a 14000 TEU containership, the YM Wellhead.

The new containership, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan’s second 14000 TEU SAVER design containership and third delivery in 2015.

The YM Wellhead will commence a ten-year, fixed-rate time charter with Yang Ming Marine Transport Corp. (Yang Ming).

Yang Ming may extend the charter for up to an additional two years. The ship is the second of a total of eight 14000 TEU SAVER design vessels to be chartered by Seaspan to Yang Ming.

The delivery of the YM Wellhead expands Seaspan’s operating fleet to 80 vessels.

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