MC-Seamax Takes Delivery of 4,800 TEU Containership Newbuilding

MC-Seamax Management Limited (“MC-Seamax”) announced today that it took delivery of a 2015 built 4,800 TEU containership the “Seamax Stamford”.

The Seamax Stamford was acquired from Zhejiang Ouhua Shipbuilding as a newbuilding resale and commenced a three-year, fixed-rate time charter with Maersk Line ("Maersk"). The delivery of the Seamax Stamford expands the MC-Seamax operating fleet to 6 vessels with a total carrying capacity of over 45,000 TEU. According to the Managing Partners of MC-Seamax, Cao Deambrosio and Ron Petrunoff, "With the acquisition of the Seamax Stamford, we continue to grow our overall fleet and add a second group of ship sizes to our fleet.” The charter relationship with Maersk “builds our stable cash flows with one of the premier liner companies."

About MC-Seamax Management Limited:

MC-Seamax, based in Stamford, CT, is an alternative investment management firm that provides many of the world's major shipping lines with creative outsourcing alternatives to vessel ownership by offering term leases on large, modern container vessels. MC-Seamax’s growing fleet is deployed in the main global trade lanes with the world’s top shipping lines and secured by multi-year charter contracts, generating stable earnings. MC-Seamax was founded in 2012 by a management team with over 100 years of combined experience in commercial, financial and technical vessel operations.