Seaspan Corp (SSW) 14.98 $SSW
Shares of SSW Down 21.1% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Wed Jul 06, 1:44PM CDT
SmarTrend identified a Downtrend for Seaspan (NYSE:SSW) on April 1st, 2016 at $17.60. In approximately 3 months, Seaspan has returned 21.08% as of today's recent price of $13.89.
SSW: 14.98 (+0.57)
Seaspan Acquires Two Newbuilding Vessels and Associated 17-Year Charters for $195.6 Million
PR Newswire - Wed Jun 29, 4:43PM CDT
Seaspan Corporation ("Seaspan"
(NYSE:SSW) announced today that it has acquired two newbuilding 11000 TEU vessels from Greater China Intermodal Investments LLC ("GCI" for a total purchase price of $195.6 million. These vessels will commence 17-year bareboat charters with MSC Mediterranean Shipping Company S.A. ("MSC" upon their respective deliveries, collectively producing annual cash receipts of approximately $17.7 million in the first full year of operation. MSC is obligated to purchase the vessels for a pre-determined amount at the end of their respective charters. These two vessels are sister ships to the three vessels Seaspan has scheduled for delivery in 2017 and chartered to MSC.
SSW: 14.98 (+0.57)
Seaspan Announces Closing of $115 Million Public Offering of 8.20% Series G Cumulative Redeemable Perpetual Preferred Shares
PR Newswire - Thu Jun 16, 8:24AM CDT
Seaspan Corporation ("Seaspan" (NYSE:SSW) announced today that in connection with the previously announced public offering of its 8.20% Series G Cumulative Redeemable Perpetual Preferred Shares (the "Series G Preferred Shares", the underwriters have exercised their option to purchase an additional 600,000 Series G Preferred Shares. The sale of a total of 4,600,000 Series G Preferred Shares, including the additional 600,000 Series G Preferred Shares, closed today for gross proceeds of $115 million.
SSW: 14.98 (+0.57)
Seaspan Announces Pricing of $100 Million Public Offering of 8.2% Series G Cumulative Redeemable Perpetual Preferred Shares
Marketwire Canada - Thu Jun 09, 2:05PM CDT
HONG KONG, CHINA--(Marketwired - Jun 9, 2016) - Seaspan Corporation ("Seaspan" (NYSE:SSW) announced today that it has priced its previously announced $100 million public offering of its 8.2% Series G Cumulative Redeemable Perpetual Preferred Shares (the "Series G Preferred Shares" at $25 per share. Seaspan has granted the underwriters of the offering a 30-day option to purchase up to an additional $15 million of Series G Preferred Shares on the same terms and conditions. The offering is expected to close on June 16, 2016.
SSW: 14.98 (+0.57)
Seaspan Announces Public Offering of Series G Cumulative Redeemable Perpetual Preferred Shares
Marketwire Canada - Thu Jun 09, 8:11AM CDT
HONG KONG, CHINA--(Marketwired - Jun 9, 2016) - Seaspan Corporation ("Seaspan" (NYSE:SSW) announced today that it plans to offer shares of its Series G Cumulative Redeemable Perpetual Preferred Shares (the "Series G Preferred Shares" in a registered public offering pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission.
SSW: 14.98 (+0.57)
Seaspan Announces Redemption of Remaining Series C Preferred Shares
Marketwire Canada - Fri Jun 03, 1:11PM CDT
HONG KONG, CHINA--(Marketwired - Jun 3, 2016) - Seaspan Corporation ("Seaspan" (NYSE:SSW) announced today that it will exercise its right to redeem 4,321,774 shares of its 9.50% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares" on June 20, 2016 (the "Redemption Date". The Series C Preferred Shares will be redeemed at the cash redemption price of $25.00 per share, plus an amount equal to all accumulated and unpaid dividends for the period from and including April 30, 2016 to, but excluding, the Redemption Date. The 4,321,774 Series C Preferred Shares to be redeemed are in addition to the previously announced redemptions of 5,600,000 Series C Preferred Shares to occur on June 7, 2016 and 3,400,000 Series C Preferred Shares to occur on June 13, 2016. Altogether, these redemptions totalling 13,321,774 shares represent all of the issued and outstanding Series C Preferred Shares.
SSW: 14.98 (+0.57)
Seaspan Announces Additional Partial Redemption of Series C Preferred Shares
Marketwired - Fri May 27, 8:57AM CDT
HONG KONG, CHINA--(Marketwired - May 27, 2016) - Seaspan Corporation ("Seaspan" (NYSE:SSW) announced today that it will exercise its right to redeem 3,400,000 shares of its 9.50% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares" on June 13, 2016 (the "Redemption Date". The Series C Preferred Shares will be redeemed at the cash redemption price of $25.00 per share, plus an amount equal to all accumulated and unpaid dividends for the period from and including April 30, 2016 to, but excluding, the Redemption Date. The 3,400,000 Series C Preferred Shares to be redeemed are in addition to the previously announced redemption of 5,600,000 Series C Preferred Shares, which is scheduled to occur on June 7, 2016. Together, these redemptions represent approximately 68% of the currently 13,321,774 outstanding Series C Preferred Shares.
SSW: 14.98 (+0.57)
Seaspan Announces Closing of $100 Million Class A Common Share Offerings
Marketwire Canada - Fri May 27, 8:00AM CDT
HONG KONG, CHINA--(Marketwired - May 27, 2016) - Seaspan Corporation ("Seaspan" (NYSE:SSW) announced today that in connection with the previously announced public offering of its Class A common shares (the "Common Shares", the underwriters have exercised their option to purchase an additional 750,000 Common Shares. The public offering of a total of 5,750,000 Common Shares, as well as the concurrent private sale of 1,020,408 Common Shares to Seaspan's chief executive officer and affiliates of one of Seaspan's directors and of Dennis Washington, will close today for total gross proceeds of approximately $100 million.
SSW: 14.98 (+0.57)
Seaspan Accepts Delivery of Eighth 14000 TEU SAVER Containership
Marketwired - Fri May 27, 6:46AM CDT
HONG KONG, CHINA--(Marketwired - May 27, 2016) - Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 14000 TEU containership, the YM Width. The new containership, which was constructed at CSBC Corporation, Taiwan ("CSBC" is Seaspan's eighth 14000 TEU SAVER design containership and fourth delivery in 2016. This is the second 14000 TEU vessel using Seaspan's fuel-efficient SAVER design constructed at CSBC.
SSW: 14.98 (+0.57)
Downgrade Alert for Seaspan (SSW)
Comtex SmarTrend(R) - Wed May 25, 3:21AM CDT
Seaspan (NYSE:SSW) was downgraded from Buy to Hold at Deutsche Bank today. The stock closed yesterday at $14.71 on volume of 6.5 million shares, above average daily volume of 280,000. In the past 52 weeks, Seaspan share prices have been bracketed by a low of $13.67 and a high of $20.87 and closed yesterday at $14.71, 8% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.
SSW: 14.98 (+0.57)
Seaspan Announces Pricing of 5,000,000 Class A Common Share Public Offering
Marketwire Canada - Tue May 24, 7:51AM CDT
HONG KONG, CHINA--(Marketwired - May 24, 2016) - Seaspan Corporation ("Seaspan" (NYSE:SSW) announced today that it priced its previously announced public offering of 5,000,000 Class A common shares (the "Common Shares" at $14.70 per share. Seaspan has granted the underwriters of the offering a 30-day option to purchase up to an additional 750,000 Common Shares. The offering is expected to close on May 27, 2016.
SSW: 14.98 (+0.57)
Seaspan Announces Partial Redemption of Series C Preferred Shares
Marketwire Canada - Mon May 23, 3:40PM CDT
HONG KONG, CHINA--(Marketwired - May 23, 2016) - Seaspan Corporation ("Seaspan" (NYSE:SSW) announced today that it will exercise its right to redeem 5,600,000 shares of its 9.50% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares" on June 7, 2016 (the "Redemption Date". The Series C Preferred Shares will be redeemed at the cash redemption price of $25.00 per share, plus an amount equal to all accumulated and unpaid dividends, pro-rated for the period from and including April 30, 2016 to, but excluding, the Redemption Date. The 5,600,000 Series C Shares to be redeemed represent approximately 42% of the 13,321,774 outstanding Series C Preferred Shares.
SSW: 14.98 (+0.57)
Shares of SSW Down 21.1% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Wed Jul 06, 1:44PM CDT
SmarTrend identified a Downtrend for Seaspan (NYSE:SSW) on April 1st, 2016 at $17.60. In approximately 3 months, Seaspan has returned 21.08% as of today's recent price of $13.89.
SSW: 14.98 (+0.57)
Seaspan Acquires Two Newbuilding Vessels and Associated 17-Year Charters for $195.6 Million
PR Newswire - Wed Jun 29, 4:43PM CDT
Seaspan Corporation ("Seaspan"
(NYSE:SSW) announced today that it has acquired two newbuilding 11000 TEU vessels from Greater China Intermodal Investments LLC ("GCI" for a total purchase price of $195.6 million. These vessels will commence 17-year bareboat charters with MSC Mediterranean Shipping Company S.A. ("MSC" upon their respective deliveries, collectively producing annual cash receipts of approximately $17.7 million in the first full year of operation. MSC is obligated to purchase the vessels for a pre-determined amount at the end of their respective charters. These two vessels are sister ships to the three vessels Seaspan has scheduled for delivery in 2017 and chartered to MSC. SSW: 14.98 (+0.57)
Seaspan Announces Closing of $115 Million Public Offering of 8.20% Series G Cumulative Redeemable Perpetual Preferred Shares
PR Newswire - Thu Jun 16, 8:24AM CDT
Seaspan Corporation ("Seaspan"
(NYSE:SSW) announced today that in connection with the previously announced public offering of its 8.20% Series G Cumulative Redeemable Perpetual Preferred Shares (the "Series G Preferred Shares", the underwriters have exercised their option to purchase an additional 600,000 Series G Preferred Shares. The sale of a total of 4,600,000 Series G Preferred Shares, including the additional 600,000 Series G Preferred Shares, closed today for gross proceeds of $115 million. SSW: 14.98 (+0.57)
Seaspan Announces Pricing of $100 Million Public Offering of 8.2% Series G Cumulative Redeemable Perpetual Preferred Shares
Marketwire Canada - Thu Jun 09, 2:05PM CDT
HONG KONG, CHINA--(Marketwired - Jun 9, 2016) - Seaspan Corporation ("Seaspan"
(NYSE:SSW) announced today that it has priced its previously announced $100 million public offering of its 8.2% Series G Cumulative Redeemable Perpetual Preferred Shares (the "Series G Preferred Shares" at $25 per share. Seaspan has granted the underwriters of the offering a 30-day option to purchase up to an additional $15 million of Series G Preferred Shares on the same terms and conditions. The offering is expected to close on June 16, 2016. SSW: 14.98 (+0.57)
Seaspan Announces Public Offering of Series G Cumulative Redeemable Perpetual Preferred Shares
Marketwire Canada - Thu Jun 09, 8:11AM CDT
HONG KONG, CHINA--(Marketwired - Jun 9, 2016) - Seaspan Corporation ("Seaspan"
(NYSE:SSW) announced today that it plans to offer shares of its Series G Cumulative Redeemable Perpetual Preferred Shares (the "Series G Preferred Shares" in a registered public offering pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission. SSW: 14.98 (+0.57)
Seaspan Announces Redemption of Remaining Series C Preferred Shares
Marketwire Canada - Fri Jun 03, 1:11PM CDT
HONG KONG, CHINA--(Marketwired - Jun 3, 2016) - Seaspan Corporation ("Seaspan"
(NYSE:SSW) announced today that it will exercise its right to redeem 4,321,774 shares of its 9.50% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares" on June 20, 2016 (the "Redemption Date". The Series C Preferred Shares will be redeemed at the cash redemption price of $25.00 per share, plus an amount equal to all accumulated and unpaid dividends for the period from and including April 30, 2016 to, but excluding, the Redemption Date. The 4,321,774 Series C Preferred Shares to be redeemed are in addition to the previously announced redemptions of 5,600,000 Series C Preferred Shares to occur on June 7, 2016 and 3,400,000 Series C Preferred Shares to occur on June 13, 2016. Altogether, these redemptions totalling 13,321,774 shares represent all of the issued and outstanding Series C Preferred Shares. SSW: 14.98 (+0.57)
Seaspan Announces Additional Partial Redemption of Series C Preferred Shares
Marketwired - Fri May 27, 8:57AM CDT
HONG KONG, CHINA--(Marketwired - May 27, 2016) - Seaspan Corporation ("Seaspan"
(NYSE:SSW) announced today that it will exercise its right to redeem 3,400,000 shares of its 9.50% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares" on June 13, 2016 (the "Redemption Date". The Series C Preferred Shares will be redeemed at the cash redemption price of $25.00 per share, plus an amount equal to all accumulated and unpaid dividends for the period from and including April 30, 2016 to, but excluding, the Redemption Date. The 3,400,000 Series C Preferred Shares to be redeemed are in addition to the previously announced redemption of 5,600,000 Series C Preferred Shares, which is scheduled to occur on June 7, 2016. Together, these redemptions represent approximately 68% of the currently 13,321,774 outstanding Series C Preferred Shares. SSW: 14.98 (+0.57)
Seaspan Announces Closing of $100 Million Class A Common Share Offerings
Marketwire Canada - Fri May 27, 8:00AM CDT
HONG KONG, CHINA--(Marketwired - May 27, 2016) - Seaspan Corporation ("Seaspan"
(NYSE:SSW) announced today that in connection with the previously announced public offering of its Class A common shares (the "Common Shares", the underwriters have exercised their option to purchase an additional 750,000 Common Shares. The public offering of a total of 5,750,000 Common Shares, as well as the concurrent private sale of 1,020,408 Common Shares to Seaspan's chief executive officer and affiliates of one of Seaspan's directors and of Dennis Washington, will close today for total gross proceeds of approximately $100 million. SSW: 14.98 (+0.57)
Seaspan Accepts Delivery of Eighth 14000 TEU SAVER Containership
Marketwired - Fri May 27, 6:46AM CDT
HONG KONG, CHINA--(Marketwired - May 27, 2016) - Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 14000 TEU containership, the YM Width. The new containership, which was constructed at CSBC Corporation, Taiwan ("CSBC"
is Seaspan's eighth 14000 TEU SAVER design containership and fourth delivery in 2016. This is the second 14000 TEU vessel using Seaspan's fuel-efficient SAVER design constructed at CSBC. SSW: 14.98 (+0.57)
Downgrade Alert for Seaspan (SSW)
Comtex SmarTrend(R) - Wed May 25, 3:21AM CDT
Seaspan (NYSE:SSW) was downgraded from Buy to Hold at Deutsche Bank today. The stock closed yesterday at $14.71 on volume of 6.5 million shares, above average daily volume of 280,000. In the past 52 weeks, Seaspan share prices have been bracketed by a low of $13.67 and a high of $20.87 and closed yesterday at $14.71, 8% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.
SSW: 14.98 (+0.57)
Seaspan Announces Pricing of 5,000,000 Class A Common Share Public Offering
Marketwire Canada - Tue May 24, 7:51AM CDT
HONG KONG, CHINA--(Marketwired - May 24, 2016) - Seaspan Corporation ("Seaspan"
(NYSE:SSW) announced today that it priced its previously announced public offering of 5,000,000 Class A common shares (the "Common Shares" at $14.70 per share. Seaspan has granted the underwriters of the offering a 30-day option to purchase up to an additional 750,000 Common Shares. The offering is expected to close on May 27, 2016. SSW: 14.98 (+0.57)
Seaspan Announces Partial Redemption of Series C Preferred Shares
Marketwire Canada - Mon May 23, 3:40PM CDT
HONG KONG, CHINA--(Marketwired - May 23, 2016) - Seaspan Corporation ("Seaspan"
(NYSE:SSW) announced today that it will exercise its right to redeem 5,600,000 shares of its 9.50% Series C Cumulative Redeemable Perpetual Preferred Shares (the "Series C Preferred Shares" on June 7, 2016 (the "Redemption Date". The Series C Preferred Shares will be redeemed at the cash redemption price of $25.00 per share, plus an amount equal to all accumulated and unpaid dividends, pro-rated for the period from and including April 30, 2016 to, but excluding, the Redemption Date. The 5,600,000 Series C Shares to be redeemed represent approximately 42% of the 13,321,774 outstanding Series C Preferred Shares. SSW: 14.98 (+0.57)
