NYSE:SSW.P.I - Post by User
Comment by
belowIVon Jan 27, 2009 6:44pm
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Post# 15731954
RE: Shipping rates hit zero as trade sinks
RE: Shipping rates hit zero as trade sinksAn interesting article, but really unrelated to Seaspan. Seaspan has long term charter agreements in place with the top shipping companies of the world. They have no significant maturities over the next few years. It doesn't matter whether the ships are moving or stuck in a port. Seaspan still collects their lease.
I think seaspan is widely, a misunderstood company.
belowiv