Third CMA CGM Saver Handed Over to Seaspan

Business & Finance

Hong Kong’s containership owner Seaspan Corporation has taken delivery of a 10,000 TEU SAVER design containership, CMA CGM Mumbai.

Image Courtesy: CMA CGM

The vessel will start a fixed rate time charter with French shipping major CMA CGM for a three-year term with an option to extend for an additional three years.

Constructed at Jiangsu Yangzi Xinfu Shipbuilding and Jiangsu New Yangzi Shipbuilding., the new boxship is the third in a series of four 10,000 TEU ships under time charter to CMA CGM that are scheduled to deliver in the first half of 2018.

Seaspan added the first and the second units from the batch on May 9 and 11, respectively.

The vessels, namely CMA CGM Mundra and CMA CGM Cochin, both have fixed rate time charters with the French shipping firm for three years each, with options to extend for an additional three years.