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Seaspan Corp (SSW.N)

SSW.N on New York Stock Exchange

8.41USD
17 Oct 2018
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Latest Key Developments (Source: Significant Developments)

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
Saturday, 29 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
Thursday, 3 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
Saturday, 21 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
Saturday, 14 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
Tuesday, 10 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
Thursday, 4 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

Seaspan appoints Bing Chen as CEO
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Seaspan Corp :Seaspan appoints Bing Chen as chief executive officer.Seaspan Corp - ‍Gerry Wang will be retiring as CEO and director of Seaspan effective November 3​.Seaspan Corp - ‍upon Wang's retirement, Peter Curtis will also serve as Seaspan's interim chief executive officer until Chen's arrival​.  Full Article

Seaspan Corp reports Q3 earnings per share $0.26
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Seaspan Corp :Seaspan reports financial results for the three and nine months ended September 30, 2017.Q3 adjusted earnings per share $0.18.Q3 earnings per share $0.26.Q3 revenue $211 million versus I/B/E/S view $212.2 million.Q3 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Seaspan Reports Qtrly EPS $0.37

* SEASPAN REPORTS FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2018