Seaspan Corporation accepted delivery of the COSCO Vietnam, an 8500 TEU containership, from Hyundai Heavy Industries Co., Ltd. The new containership is Seaspan's fourth delivery in 2011 and expands the company's operating fleet to 59 vessels.

The COSCO Vietnam is on charter to COSCO Container Lines Co., Ltd. under a twelve-year, fixed-rate time charter with options to COSCON to extend the charter term up to an additional three years. The vessel is the last of eight 8500 TEU sister ships and the tenth of a total of eighteen vessels to be chartered by Seaspan to COSCON.