Seaspan Accepts Delivery of Vessel

Monday, November 20, 2006
Seaspan Corporation announced the delivery of its 21st vessel, the Maersk Matane, a 4800 TEU containership built in 1989. The vessel was purchased from A.P. Moller Maersk A/S and will be time chartered back to APMM for five years from delivery. APMM has options to extend the charter by up to four years from the end of the firm charter period. The Maersk Matane, formerly named the Margarethe Maersk, is the second of four sister vessels to be purchased from and chartered back to APMM.
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