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.
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After building out their fleet, they should be reverting to cash-generation mode. Waiting for their already nice dividend to explode soon.