2015 was a tough year for companies such as Seaspan and Rickmers, which make a living leasing container vessels to the carriers. Combined, the seven listed container ship lessors lost 48 percent of their market value last year, as profits took a hit from the drastic rate declines, and there was a dive in the value of vessels in resales, writes the news agency Alphaliner.
The hardest hit company was Box Ships, headed by Michael Bodouroglou, which noted a decline in company shares of 81 percent over the past 12 months.
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