Container vessel owner Seaspan reported 3Q revenues that fell 3% on a year earlier. That was a fourth straight decline, but reflects the failure of Hanjin Shipping which was in the quarter a year earlier. The sequential growth of 7% is a better reflection of underlying performance, and was 2% better than analysts’ expectations. It also outperformed the 3% growth of the container-lines themselves. Further growth should come from new vessels, though weaker rates recently may reflect concerns about oversupply. Cost cutting resulted in an increase in profitability, shown by an EBITDA margin ...