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Seaspan Corp (SSW.N)

SSW.N on New York Stock Exchange

8.90USD
7:44pm GMT
Change (% chg)

$-0.26 (-2.84%)
Prev Close
$9.16
Open
$9.07
Day's High
$9.07
Day's Low
$8.88
Volume
63,114
Avg. Vol
224,161
52-wk High
$10.71
52-wk Low
$5.50

Latest Key Developments (Source: Significant Developments)

Prem Watsa Raises Share Stake In Seaspan Corp To 47.7 Pct Stake In As Of Jan 15, 2019
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Seaspan Corp ::PREM WATSA RAISES SHARE STAKE IN SEASPAN CORP TO 47.7 PERCENT STAKE IN AS OF JAN 15, 2019 FROM A STAKE OF 36.3 PERCENT AS OF DEC 17, 2018 - SEC FILING.  Full Article

Seaspan Q3 Earnings Per Share $0.36
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Seaspan Corp ::SEASPAN REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $0.36.Q3 EARNINGS PER SHARE VIEW $0.25 -- THOMSON REUTERS I/B/E/S.QTRLY REVENUE INCREASED BY 39.8% TO $295.0 MILLION.  Full Article

Seaspan Announces Term Sheet For Restructuring Of Swiber Holdings Limited
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Seaspan Corp ::SEASPAN ANNOUNCES TERM SHEET FOR INVESTMENT IN THE RESTRUCTURING OF SWIBER HOLDINGS LIMITED.SEASPAN CORP - INVESTMENT IS EXPECTED TO BE FUNDED IN TWO TRANCHES.SEASPAN CORP - HAS ENTERED INTO A BINDING TERM SHEET FOR A POTENTIAL INVESTMENT OF UP TO US$200 MILLION.SEASPAN CORP - INTENDS TO FUND INVESTMENT WITH CASH ON HAND..SEASPAN CORP - ENTERED BINDING TERM SHEET FOR INVESTMENT IN RESTRUCTURED SWIBER HOLDINGS LIMITED.  Full Article

Seaspan Corp Says Selling Security-Holders May Offer And Resell Up To 25 Mln Class A Common Shares
Friday, 28 Sep 2018 

Sept 28 (Reuters) - Seaspan Corp ::SEASPAN CORP SAYS SELLING SECURITY-HOLDERS MAY OFFER AND RESELL UP TO 25.0 MILLION CLASS A COMMON SHARES - SEC FILING.  Full Article

Seaspan Reports Qtrly EPS $0.37
Wednesday, 2 May 2018 

May 2 (Reuters) - Seaspan Corp ::SEASPAN REPORTS FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2018.QUARTERLY ADJUSTED EARNINGS PER SHARE $0.13.QUARTERLY EARNINGS PER SHARE $0.37.QUARTERLY REVENUE ROSE 11.7 PERCENT TO $224.8 MILLION.Q1 EARNINGS PER SHARE VIEW $0.17, REVENUE VIEW $224.8 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Seaspan Announces Senior Management Change
Friday, 20 Apr 2018 

April 20 (Reuters) - Seaspan Corp ::SEASPAN ANNOUNCES SENIOR MANAGEMENT CHANGE.SEASPAN - MARK CHU NOTIFIED CO THAT HE PLANS TO STEP DOWN AS GENERAL COUNSEL AND CHIEF OPERATING OFFICER.SEASPAN CORP - CHU WILL REMAIN IN HIS CURRENT ROLES THROUGH AUGUST 31, 2018.  Full Article

Seaspan Corp Files For Mixed Shelf Offering Of Up To $2 Bln
Friday, 13 Apr 2018 

April 13 (Reuters) - Seaspan Corp ::SEASPAN CORP FILES FOR MIXED SHELF OFFERING OF UP TO $2 BILLION - SEC FILING.SEASPAN CORP SAYS IN ADDITION, SELLING SECURITY-HOLDERS OFFERING UP TO 41.0 MILLION CLASS A COMMON SHARES.  Full Article

Seaspan Says Ryan Courson Appointed CFO
Monday, 9 Apr 2018 

April 9 (Reuters) - Seaspan Corp ::SEASPAN ANNOUNCES CHANGE IN CHIEF FINANCIAL OFFICER.SEASPAN CORP <<>> SAYS RYAN COURSON APPOINTED CFO.SEASPAN CORP - CFO DAVID SPIVAK HAS GIVEN NOTICE THAT HE IS EXERCISING HIS RIGHT TO TERMINATE HIS EMPLOYMENT WITH CO.  Full Article

Seaspan buying shipping vessels from Carlyle,Others in $450 million deal - WSJ
Wednesday, 14 Mar 2018 

March 14 (Reuters) - Seaspan Corp ::SEASPAN CORP. SSW IS TAKING OVER COLLECTION OF SHIPPING VESSELS FROM CARLYLE GROUP,OTHER INVESTORS IN $450 MILLION DEAL - WSJ CITING SOURCES.FAIRFAX WILL INVEST ANOTHER $250 MILLION INTO SEASPAN - WSJ CITING SOURCES.  Full Article

Seaspan Says Fairfax Financial To Invest In Co For Issuance Of 5.5% Interest Bearing Unsecured Debentures, Share Purchase Warrants
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Seaspan Corp ::SEASPAN ANNOUNCES LETTER OF INTENT FOR POTENTIAL $250 MILLION UNSECURED 5.50% DEBENTURE AND WARRANT INVESTMENT FROM FAIRFAX FINANCIAL HOLDINGS LIMITED.SEASPAN - FAIRFAX FINANCIAL TO INVEST IN CO FOR ISSUANCE OF 5.5% INTEREST BEARING UNSECURED DEBENTURES, CLASS A SHARE PURCHASE WARRANTS.SEASPAN - INTENDS TO USE PROCEEDS FROM $250 MILLION INVESTMENT TO FUND FUTURE GROWTH INITIATIVES, DEBT REPAYMENT.SEASPAN - FAIRFAX MAY NOMINATE 1 INDEPENDENT DIRECTOR TO CO'S BOARD IF LESS THAN 50%, BUT OVER 20%, OF DEBENTURES REMAIN OUTSTANDING.SEASPAN-‍FAIRFAX WILL HAVE RIGHT TO NOMINATE TWO INDEPENDENT DIRECTORS TO BOARD OF DIRECTORS OF CO FOR SO LONG AS 50% OF DEBENTURES REMAIN OUTSTANDING​.  Full Article