Seaspan Accepts Delivery of 14,000 TEU Box Ship

Maritime Activity Reports, Inc.

October 8, 2015

Seaspan Corporation has accepted delivery of a 14,000 TEU containership new build, the YM Warmth.

The new containership, which was constructed at Hyundai Heavy Industries Co., Ltd., is Seaspan's sixth 14,000 TEU SAVER design containership and eighth delivery in 2015.

The YM Warmth will commence a 10-year, fixed-rate time charter with Yang Ming Marine Transport Corp. Yang Ming may extend the charter for up to an additional two years.

The ship is the sixth of a total of eight 14,000 TEU SAVER design vessels to be chartered by Seaspan to Yang Ming.

The delivery of the YM Warmth expands the company's operating fleet to 85 vessels.

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