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Stock Market & Financial Investment News

News Breaks
March 19, 2013
05:55 EDTSSW, SSW, SSWSeaspan management to meet with Jefferies
Meetings to be held in Boston/New York on March 25-26 hosted by Jefferies.
News For SSW From The Last 14 Days
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July 21, 2014
10:02 EDTSSWOn The Fly: Analyst Upgrade Summary
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05:46 EDTSSWSeaspan upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Seaspan to Outperform citing a compelling risk/reward profile given the 6% dividend yield. The firm raised its price target for shares to $26-$28 from $19-$20.
July 16, 2014
09:02 EDTSSWSeaspan accepts delivery of fourth 10000 TEU SAVER containership
Seaspan announced that it accepted delivery of a 10000 TEU containership, the MOL Bravo. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding using Seaspan's fuel-efficient SAVER design, is Seaspan's fourth of five 10000 TEU SAVER design containerships scheduled for delivery in 2014. The MOL Bravo will commence an eight-year, fixed-rate time charter with Mitsui O.S.K. Lines. The ship is the first of a total of five 10000 TEU SAVER design vessels, and the seventh of a total of eleven vessels, to be chartered by Seaspan to MOL. The delivery of the MOL Bravo expands the company's operating fleet to 75 vessels.

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