Deep Water Holdings continues to invest in Seaspan, has 10.37% stake

By Lisa Kerner

Charlotte, N.C., Aug. 20 - Deep Water Holdings, LLC upped its stake in Seaspan Corp. to 10.37% with the purchase of 219,059 shares of the company's stock.

The shares were acquired between Aug. 11 and Aug. 17 priced from $6.20 to $6.40 each, according to a schedule 13D/A filed on Thursday with the Securities and Exchange Commission.

The investor beneficially owns 6,979,654 shares of the company's outstanding stock.

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

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