SHI Delivers Boxship Mammoth to Ocean Yield

Image Courtesy: MSC

Norwegian shipowner Ocean Yield ASA has taken delivery of the 19,500 TEU container vessel MSC Leanne from South Korean shipbuilder Samsung Heavy Industries (SHI).

Following the delivery of the containership giant on March 22, the 196,000 dwt vessel commenced a 15-year bareboat charter with Switzerland-based Mediterranean Shipping Company (MSC).

Featuring a length of 399.9 meters and a width of 58.8 meters, MSC Leanne is the last ultra large container vessel (ULCV) in a series of six mega boxships that Ocean Yield owns in a joint venture with Quantum Pacific Shipping, a part of Quantum Pacific Group.

The Norwegian firm reached an agreement to purchase 49.5 percent in the six newbuildings in June 2016 with equity investment in the transaction amounting to a total of USD 162 million.

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