The Traderszone Network

Published in TZ Latest News 14 November, 2016 by The TZ Newswire Staff

Seaspan Corporation Grapples With Overbuilt Cargo Fleets

The Market Foolery crew dives into uncharted waters with Seaspan Corporation (NYSE: SSW), a major owner and operator of cargo ships. While shipping companies previously thrived moving vast quantities of goods from low-cost production centers to major consumer markets, the industry is now largely overbuilt, which hurts the value of Seaspan’s key assets.

Where will the winds blow this company next? A full transcript follows the video.

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