However, Maersk did not exercise its first one-year options to extend the time charters for the York and the Maersk Moncton. We expect these two vessels will be redelivered to us between October 2011 and March 2012 and we are actively discussing employment for those two vessels with potential charters. Seaspan have no further charter expiries during 2012.Deliveries, we accepted deliveries of four newbuildings in the second quarter, the Berlin Bridge, the COSCO Vietnam, COSCO Glory and the COSCO Pride. All of the vessels delivered under long-term contracts with leading liner companies.
Seaspan Corporation's CEO Discusses Q2 2011 Results Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts