Analyst Michael Webber has lifted his expectations for both 2014 and 2015 after the allocation of new vessels under a joint venture agreement with the Carlyle Group became clearer.
Webber has lifted his 2014 projection from $1.00 to $1.06 per share, he said in a report today.
His 2015 marker has been raised from $1.62 to $1.66 per share.
Webber says the numbers were revised after Seaspan revealed in a prospectus for a $300m notes offering that it would take delivery of 12 to 15 of the 26 outstanding newbuildings under the venture.
