Seaspan Sales Hit High, For Now — Panjiva
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Supply Chain Research

Seaspan Sales Hit High, For Now

Corp - Shipping 981 Earnings 730 Mode - Containerized 1475 Mode - Seaborne 1806

Seaspan revenues inched up 0.3% in the third quarter vs. the second to their highest ever. This came despite the return of four vessels from Hanjin Shipping in September which cut 2% from revenues, Panjiva analysis shows. Yet, the outlook is not quite as rosy – the company’s guidance suggests revenues in the final quarter may be 3% to 4% below a year earlier, or as much as 7% below the third quarter.

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