If you missed a key release from Hong Kong’s Seaspan (SSW) two weeks ago it doesn’t really matter, its efforts are only now bearing fruit on multiple levels.
Either way, here’s a recap of the latest events and what they mean for the world’s largest non-operating shipowner, and its investors.
Reorganisation
It said on 21 November that its board of directors had approved the implementation “of a holding company reorganisation (the “proposed reorganisation”), to create a new holding company, Atlas Corp. (“Atlas”), which will become …
