Seaspan reports record results
The containership manager achieved record revenue in the fourth quarter on the back of a 26% increase in operating days and higher utilisation rates following its acquisition of Greater China Intermodal last March. Healthy cash flow and $1.5bn in raised capital would allow growth and strengthening, but chief executive Bing Chen emphasised discipline and caution
Company credits higher utilisation rates and acquisition of Greater China Intermodal’s 18-vessel fleet
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