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Seaspan's profit took a dive in late 2014

The world's largest supplier of container ships for the charter market, Canadian Seaspan, saw its profit dive to USD 27.8 million in the final quarter of 2014.

Photo: Seanews.com

Net profits at the world's biggest owner of container ships, Canadian Seaspan, took a dive in the 4th quarter 2014, down to USD 27.8 million, compared to around USD 68.2 million in the same period last year, according to the company's interim report.

Revenue increased around ten percent in the last three months of 2014, to USD 189.4 million, mainly due to the delivery of six 10,000 teu vessels.

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