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Seaspan Corporation Company Snapshot
Business Description:
Seaspan Corporation operates in the Deep sea foreign trans. of freight sector. Seaspan Corporation (Seaspan) is an independent charter owner of containerships, which the Company charters pursuant to long-term, fixed-rate time charters agreement. As of March 25, 2011, it operated a fleet of 58 containerships (including three leased vessels) and had entered into contracts to purchase an additional seven containerships and to lease an additional four containerships. As of March 25, 2011, the average age of the 58 vessels in its fleet was approximately five years. Customers for its operating fleet are China Shipping Container Lines (Asia) Co., Ltd. (CSCL Asia), Hapag-Lloyd USA, LLC (HL USA), A.P. Moller-Maersk A/S (APM), CSAV, MOL, K-Line and UASC. Customers for the additional 11 vessels will include K-Line and COSCON. As of March 25, 2011, 22 of the 69 vessels in its current or contracted fleet were chartered to CSCL Asia, and 18 vessels were or will be chartered to COSCON. In January 2012, the Company acquired Seaspan Management Services Limited. In our complete report available for purchase the company is compared to: Jinhui Shipping & Transportation Ltd, Sinotrans Shipping Limited and China Merchants Energy Shipping Co.Ltd.
   
   
 
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Seaspan Corporation
  Stock Performance Chart for Seaspan Corporation
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 121.15
(Figures in Hong Kong Dollars)
1 Week 2.6%   13 Weeks 14.4%  
4 Weeks 19.8%   52 Weeks 5.0%  
 
Seaspan Corporation Key Data:
  Ticker: SSW Country: HONG KONG
  Exchanges: NYSE Major Industry: Transportation
    Sub Industry: Shipping
  2010 Sales 3,163,540,817
(Year Ending Jan 2011).
Employees: 1
  Currency: Hong Kong Dollars Market Cap: 8,394,650,311
  Fiscal Yr Ends: December Shares Outstanding: 69,292,109
  Share Type: Ordinary Closely Held Shares: 24,423,777
 
 
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