Seaspan Corporation (NYSE:SSW) announced today that it has accepted delivery of the CMA CGM Mundra, a 10000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. (CMA CGM) for a three-year term with an option to extend for an additional three years.

Seaspan Accepts Delivery Of 10000 TEU SAVER Containership - CMA CGM Mundra

The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. and Jiangsu New Yangzi Shipbuilding Co., Ltd., is the first in a series of four 10000 TEU vessels under time charter to CMA CGM that are scheduled to deliver in the first half of 2018.

Source: Seaspan Corporation