Costamare Takes Delivery of 8,827-TEU MSC Athens

Costamare has received delivery of the MSC Athens, an 8,827 20-foot-equivalent unit vessel built by Sungdong Shipbuilding and Marine Engineering in South Korea, commencing its 10-year timecharter with Mediterranean Shipping Co.

It is the first of 10 new vessels on order, said Gregory Zikos, chief financial officer of Costamare, in a written statement. “We expect this addition, along with the remaining nine vessels currently on order and scheduled for delivery within the next 10 months, to contribute in excess of $1.3 billion of contracted revenues throughout the duration of the their charters.”

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