Seaspan
Seaspan Corporation (NYSE:SSW)
- Seaspan is one of the world’s leading independent containership owners
- Seaspan Corporation charters containerships pursuant to long-term, fixed-rate time charters to major liner companies, primarily in Asia
- Currently owns a large modern fully contracted fleet of 68 vessels, all on long-term, fixed rate charters to take advantage of the stable cash flow and high utilization rates that are associated with long-term time charters
- Currently one of the largest providers of assets into China
Value added by Tiger
- Tiger built the company during the Asian crises, leveraging its relationships in both China and Korea
- Tiger then entered into a 50/50 joint-venture with the Washington Group
- Through financial engineering and substantial debt and mezzanine capital raises, built 30-vessel private company
- Created path to liquidity through IPO in 2005, pioneering the first synthetic MLP
- Tiger/Seaspan supported CSCL and COSCON in developing their international fleet expansion through long-term leasing
- Now 60 plus vessels all subject to long term charters
For more information please visit www.seaspancorp.com

