Despite all the concern over the current state of global trade, containership operator Seaspan (SSW - Get Report) still achieved 97.9% utilization in the fourth quarter and a 29% year-over-year increase in earnings. Seaspan CEO Gerry Wang said his company's stock - up 18% so far in 2016 - finally reflects the ship lessor's performance as opposed to a gloomy trade forecast. 'The market is finally realizing that we are executing on our plan and did very well in the fourth quarter and very well for 2015,' said Wang. 'Our business is solid and we will continue to execute on a monthly and quarterly basis.' Wang said fixed rate time charters, which represent approximately $6 billion in contracted revenues, continue to perform as expected and insulate Seaspan from near term global economic uncertainty.