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Published on 12/22/2008 in the Prospect News Special Situations Daily.

Deep Water reports passive stake of 5.15% in Seaspan

By E. Janene Geiss

Philadelphia, Dec. 22 - Deep Water Holdings, LLC reported an investment of 5.15% in Seaspan Corp. as of Dec. 15, according to an SC 13G filing.

That represents a passive stake of 3,424,826 shares.

Seaspan is a Hong Kong company incorporated in the Marshall Islands that owns and charters containerships.


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