ATCO News and Press, Atlas Corp. From 10/05/20

Mintzmyer tells me how he got started in investing and why he gravitated toward shipping. He discusses the outlook for the industry on a multi-year timeframe and also gets into the current opportunities. He talks about three different types of shipping companies that are somewhat ...

Seaspan, wholly owned subsidiary of Atlas (ATCO), agreed to purchase two high-quality 12K TEU containerships for ~$176M in cash; delivery expected to be taken in October.The vessels are expected to be financed from additional borrowings along with cash on hand.Transaction is expected to ...

Seaspan Announces Continued Growth Acquiring Two High-Quality 12,000 TEU Containerships on Long-Term Charter PR Newswire LONDON, Sept. 30, 2020 LONDON , Sept. 30, 2020 /PRNewswire/ - Seaspan Corporation ("Seaspan") a wholly owned subsidiary of Atlas Corp...

Shipping is not a favored sector in 2020. Outside of the energy space, it is difficult to find a more beleaguered performer. Containerships transport retail goods across the world and are an essential artery of the global economy, 90% of trade flows by sea. There are 3 primary cat...

The global container ship fleet is estimated at 5,500 ships with a combined capacity to carry up to 23 million 20 feet containers , equivalent to 27 billion cubic feet or the volume of 730 empire state buildings at once. Close to 45% of the fleet is owned by companies like Maersk ( AMKBY ) ...

Atlas Corp. (NYSE: ATCO ) announces that Chief Financial Officer ("CFO"), Ryan Courson, h as decided to leave the Company to pursue opportunities outside of the maritime and energy industries. More news on: Atlas Corp., Energy stocks news, Read more ...

LONDON , Sept. 11, 2020 /PRNewswire/ - Atlas Corp. (NYSE: ATCO) ("Atlas" or "Company"), today announced that Chief Financial Officer ("CFO"), Ryan Courson , has decided to leave the Company to pursue opportunities outside of the maritime and energy industries. Mr. Courson'...

LONDON , Sept. 10, 2020 /PRNewswire/ - Seaspan Corporation ("Seaspan"), a wholly owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), today announced that it will not pursue the previously proposed voluntary redemption of its outstanding 7.125% senior unsecured notes due 2027 (...

Announcing Delivery of Two 13,000 TEU Vessels    LONDON , Sept. 10, 2020 /PRNewswire/ - Seaspan Corporation ("Seaspan"), a wholly owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), today announced that it has taken delivery of two high-quality 13,000 TEU containersh...

This article is part of a series that provides an ongoing analysis of the changes made to Prem Watsa’s 13F portfolio on a quarterly basis. It is based on Watsa’s regulatory 13F Form filed on 08/14/2020. Please visit our Tracking Prem Watsa’s Fairfax Financial Holdings P...