COSCO GLORY

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CTT Hamburg handles first 13,000 TEU ship

Premiere at HHLA Container Terminal Tollerort (CTT): With the “Cosco Glory”, a ship with a slot capacity of 13,000 standard containers (TEU) was handled there for the first time the previous weekend. Operated by the Chinese shipping company Cosco, the “Cosco Glory” arrived at CTT towards 05:30 on Saturday. Cosco being a long-established customer of the Port of Hamburg, the “Cosco Glory” was accompanied by Klaus Vorwerk, Chairman of the Hamburg Harbour Pilots’ Association. The ship left port again on Sunday evening. Along with standard containers, the “Cosco Glory” has also loaded large components required in the construction of an aircraft.

Seaspan accepted delivery of first 13,100 TEU containership

Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of its first 13,100 TEU containership, the COSCO Glory. The new containership, which was constructed by Hyundai Heavy Industries Co., Ltd., is Seaspan's sixth delivery in 2011 and expands the Company's operating fleet to 61 vessels. The COSCO Glory is on charter to COSCO Container Lines Co., Ltd. ("COSCON") under a twelve-year, fixed-rate time charter. The ship is the eleventh of a total of eighteen vessels to be chartered by Seaspan to COSCON.