Seaspan Corp (NYSE:SSW)
CAPS Rating:
The Company's business is to own containerships, charter them pursuant to long-term, fixed rate charters and seek additional accretive vessel acquisitions.
The Company's business is to own containerships, charter them pursuant to long-term, fixed rate charters and seek additional accretive vessel acquisitions.
Recs
Over 5% yield, with more dividend increases on the horizon. Long term contracts for their ships, no fuel costs. Exposure to global economy, management interests aligned w/ shareholders.