Seaspan Accepts Delivery Of Third 11000 TEU SAVER Containership MSC Nitya B

By Vessels

Seaspan Corporation (NYSE:SSW) announced today that it has accepted delivery of the MSC Nitya B, an 11000 TEU containership that will commence a bareboat charter with MSC Mediterranean Shipping Company S.A. (MSC) for a period of seventeen years.

Seaspan Accepts Delivery Of Third 11000 TEU SAVER Containership MSC Nitya B
Caption: Containership MSC Nitya B - Image courtesy of Filrick Virtudazo Opeña

Upon completion of the bareboat charter period, MSC is obligated to purchase the vessel for a pre-determined amount.

The MSC Nitya B, which was constructed at HHIC-PHIL INC., is Seaspan’s third 11000 TEU SAVER design containership in a series of five ships under bareboat charter to MSC. This is Seaspan’s fourth vessel delivery in 2017, expanding Seaspan’s operating fleet to 88 vessels.

Source: Seaspan