Seaspan Corp’s second quarter results have come in ahead of estimates as the company realized the full benefit from the Greater China Intermodal Investments (GCI) merger.
The US-listed containership leasing reported ebitda of $178.6m, just ahead of consensus estimates of $177.9m.
Revenue increased by 37.7% to $281.7m primarily due to the additional operating days from the acquisition of vessels from the GCI transaction and other vessel deliveries.
