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Seaspan- (SSW)-owns and operates vessels that are engaged in deep-sea container transportation business in Hong Kong. As of December 31, 2007, it owned and operated a fleet of 29 containerships. The company charters containerships pursuant to long-term, fixed-rate time charters to various container liner companies. Seaspan Corporation was incorporated in 2005 and is based in Hong Kong, Hong Kong. Shipping stocks tend to be volatile, as are their dividends. Their capital gains are also accounted for differently, so please consult with a tax advisor.
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