Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, April 11, 2018 /CNW/ - Seaspan Corporation (NYSE:SSW) announced today that the Company's Board of Directors has declared cash dividends on its common and preferred shares as follows:

Security	Ticker	Dividend per Share	Period	Record Date	Payment Date
Class A Common	SSW	$0.125	January 1, 2018 to March 31, 2018	April 20, 2018	April 30, 2018
Series D Preferred	SSW PR D	$0.496875	January 30, 2018 to April 29, 2018	April 27, 2018	April 30, 2018
Series E Preferred	SSW PR E	$0.515625	January 30, 2018 to April 29, 2018	April 27, 2018	April 30, 2018
Series G Preferred	SSW PR G	$0.5125	January 30, 2018 to April 29, 2018	April 27, 2018	April 30, 2018
Series H Preferred	SSW PR H	$0.492188	January 30, 2018 to April 29, 2018	April 27, 2018	April 30, 2018

About Seaspan
Seaspan provides many of the world's major container shipping liners with alternatives to vessel ownership by offering long-term leases on large, modern containerships combined with industry-leading ship management services. Seaspan's operating fleet, including 4 newbuilding containerships on order for delivery to Seaspan by mid-2018, consists of 112 containerships representing a total capacity of over 900,000 TEU. Excluding newbuilds, Seaspan's operating fleet of 108 vessels has an average age of approximately 5 years and average remaining lease period of approximately 5 years, on a TEU weighted basis.

Seaspan has the following securities listed on The New York Stock Exchange:

Symbol:	Description:

SSW	Class A common shares
SSW PR D	Series D preferred shares
SSW PR E	Series E preferred shares
SSW PR G	Series G preferred shares
SSW PR H	Series H preferred shares
SSWN	6.375% senior unsecured notes due 2019
SSWA	7.125% senior unsecured notes due 2027

For Investor Relations Inquiries:

Mr. David Spivak
Chief Financial Officer
Seaspan Corporation
Tel. 604-638-2580

Mr. Michael Sieffert
Director, Corporate Finance
Seaspan Corporation
Tel. 778-328-6490

For Media Inquiries:

Mr. Leon Berman
The IGB Group
Tel. 212-477-8438

SOURCE Seaspan Corporation