Ship Finance Adds First 19,200 TEU Boxship

Bermuda-based ship owner Ship Finance International Limited has taken delivery of MSC Anna, the first of two 19,200 TEU container vessels ordered from South Korean shipbuilder Hyundai Heavy Industries (HHI). 

The ultra large container vessel (ULCV) is chartered out to Swiss-based Mediterranean Shipping Company (MSC) for a period of 15 years. Lease financing has been secured for the full term of the charter, according to Ship Finance.

The second vessel is expected to be delivered in February 2017. The newbuilding is also scheduled to start working for MSC, according to data provided by VesselsValue.

Furthermore, Ship Finance has appointed Gary S. Vogel to the board of directors to fill a vacancy on the board.

The firm said that Vogel has a long career in the dry bulk shipping market and is currently Chief Executive Officer (CEO) of Eagle Bulk Shipping, a US-listed owner and operator of geared dry bulk vessels. Previously, Vogel served as CEO of Clipper Group in Denmark.

Ship Finance owns a fleet of more than 70 vessels comprising tankers, bulkers, container vessels and offshore assets.