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24 May 2019 The on-line newspaper devoted to the world of transports 00:57 GMT+2

March 6, 2019

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Original news
Seaspan has closed 2018 with a profit clearly of 278,8 million dollars (+59.1%)

Revenues and operating profit record

Seaspan Corporation has archived item 2018, exercise anniversary in the course of which they have entered to take part of the fleet of the society 16 portacontenitori deriving from the acquisition of the Greater China Intermodal Investments (GCI)(on 14 March 2018), with revenues that for the first time have been advanced to the billion of dollars being itself attested to 1,10 billion dollars, with an increment of +31.9% regarding 831,3 million of dollars in 2017. The operating profit has reached the quota record of 469,9 million dollars (+55.0%) and the profit clearly is piled to 278,8 million dollars (+59.1%).

"2018 - it has commented the president and managing director of the company, Bing Chen - have been a year of transformation for the Seaspan. We have begun the year with that which until today it has been our greater acquisition, the GCI, that perfectly it is integrated in the Seaspan and has helped us to increase the revenues of 32% regarding the year precedence. With the constant support of our founding associates, the Washington family, we have added the Fairfax Financial Holdings as strategic partner financial(on August 2, 2018, ndr). Beginning from January the 2019 - it has specified Chen - Fairfax has invested a billion of dollars in the Seaspan and with this she has become our main shareholder".

In the solo fourth trimester of the 2018 company has totaled revenues pairs to 294,9 million dollars, with an increase of +37.6% on the same period of the year precedence, an operating profit of 134,3 million dollars (+66.6%) and a profit clearly of 63,1 million dollars (+7.8%).

ABB Marine Solutions
Evergreen Line
Autorità di Sistema Portuale Tirreno Settentrionale

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