Hong Kong-based ship owner and manager Seaspan Corporation has added to its fleet another 11,000 TEU boxship newbuilding, MSC Madhu B.

The 330-meter-long ship will commence a bareboat charter with Switzerland-based Mediterranean Shipping Company (MSC) for a
period of seventeen years.

Upon completion of the bareboat charter period, MSC is to buy the vessel, which flies the flag of Madeira, for a pre-determined amount.

Constructed at Hanjin Subic shipyard in the Phillippines, MSC Madhu B is Seaspan’s fourth 11,000 TEU SAVER design containership in a series of five ships under bareboat charter to MSC. This is also Seaspan’s fifth vessel delivery in 2017.

Back in September 2017, Seaspan took delivery of the third SAVER vessel, MSC Nitya B.

Seaspan’s managed fleet comprises 110 containerships and the operating fleet 89 vessels.