E.R. Schiffahrt GmbH & Cie. KG, one of the largest container ship charter companies worldwide, held the naming ceremony for the E.R. Bounty in Ulsan, South Korea, on 24 October 2008. The E.R. Bounty is the last newbuilding in a series comprising five identical ships, each with a container capacity of 4,300 TEU. The vessel, built at Hyundai Mipo Yard, was christened by her godmother Sujin Stubkjaer, wife of Knud E. Stubkjaer, CEO of E.R. Schiffahrt.
Like her four sister ships, the E.R. Bounty is chartered to the Italian shipping line Italia Marittima for a five to ten years period. She will take up liner service between the Far East region and the Mediterranean under the name “Ital Moderna”.