Hong Kong-based Seaspan Corporation has accepted delivery of the seventh SAVER design, 10,000 TEU container ship, the MOL Beacon.

The new container ship, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding is Seaspan’s first delivery in 2015.

This is the twelfth 10,000 TEU vessel using Seaspan’s SAVER design constructed at Yangzijiang.

The MOL Beacon will commence an eight-year, fixed-rate time charter with Japan’s Mitsui O.S.K. Lines (MOL).

The ship is the fourth of a total of five 10,000 TEU SAVER design vessels, and the tenth of a total of eleven vessels, to be chartered by Seaspan to MOL.

The delivery of the MOL Beacon expands the company’s operating fleet to 78 vessels.