Seaspan Corp's profit fell 56% for the second quarter, mostly due to higher expenses and lower revenue.
The New York-listed owner reported net income attributable to shareholders of $21.8m versus a $49.2m profit during the same period last year.
Diluted earnings per share came in at $0.10, missing analyst consensus by $0.04 and below last year's result of $0.34.
Net earnings totaled $40m, down from $86m a year ago.
