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Seaspan's owner continues on growth path in third quarter

Atlas Corp, the parent company behind major shipowner Seaspan, sees advances on the top and bottom line in the third quarter where contracted cash flows are soaring for ordered vessels.

Photo: PR/Seaspan

Container vessel owner Seaspan reports marked growth in its contracted cash flows in a market that appears to only grow stronger.

Atlas Corp, the parent company behind Seaspan, had secured USD 17.9 billion in cash flow from contracts by the end of the third quarter, including USD 11.2 billion stemming from contracts for vessels that have yet to be delivered.

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