Seaspan Takes Delivery of 47th Ship

4/28/2010 10:06:20 AM

Seaspan has taken delivery of an 8,500-unit containership named the Cosco Philippines from Hyundai Heavy Industries in South Korea.   The new ship was Seaspan's fifth delivery so far this year and expanded the Hong Kong charter operator’s fleet to 47 vessels.   The Cosco Philippines is on charter to Cosco Container Lines under a 12-year, fixed-rate time charter.   The Cosco Philippines is the third of eight 8,500-TEU sister ships and the fifth of a total of 18 vessels to be chartered by Seaspan to Cosco.   The Journal of Commerce Online

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