SEASPAN CORP
			Symbol			SSW

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Seaspan Reports Financial Results for the Three and Nine Months Ended September 30, 2009

2009-11-03 18:36 ET - News Release

HONG KONG, CHINA -- (MARKET WIRE) -- 11/03/09

Seaspan Corporation (NYSE: SSW) announced today the financial results for the three and nine months ended September 30, 2009.

Third Quarter 2009 and Year-to-Date Highlights:

- Reported revenue of $74.1 million and $207.0 million, respectively, for the three and nine months ended September 30, 2009 compared to $57.6 million and $166.8 million for the comparable prior year periods;

- Paid a second quarter dividend of $0.10 per share, representing an approximate 20 percent payout ratio. The second quarter dividend was paid on August 20, 2009 to all shareholders of record as of August 11, 2009;

- Reported normalized net earnings(1) of $20.2 million, an increase $1.2 million, or 6.5%, for the quarter from $19.0 million for the comparable quarter

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.