Seaspan Says MOL Express Successfully Refloated - Quick Facts

(RTTNews) - Seaspan Corp. (SSW) reports the MOL Express, a 4,600 TEU container vessel which went aground in Tateyama Harbour, Japan on January 11, was successfully refloated today. An investigation into the cause of the grounding is underway.

The vessel is currently on charter to MOL, is managed by Seaspan, and is owned by our affiliate GCI.

The company said it is grateful there were no crew injuries and no environmental consequences from this incident. Seaspan brought in some of the best salvage experts who worked tirelessly to successfully refloat the vessel at 10:55 a.m. on 14 January, local time.