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Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, CHINA - Oct. 13, 2015 /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 $0.375   July 1, 2015 to
September 30, 2015
  October 20, 2015   October 30, 2015
Series C Preferred SSW PR C $0.59375   July 30, 2015 to 
October 29, 2015
  October 29, 2015   October 30, 2015
Series D Preferred SSW PR D $0.496875   July 30, 2015 to 
October 29, 2015
  October 29, 2015   October 30, 2015
Series E Preferred SSW PR E $0.515625   July 30, 2015 to 
October 29, 2015
  October 29, 2015   October 30, 2015
 

About Seaspan

Seaspan provides many of the world's major shipping lines with creative outsourcing alternatives to vessel ownership by offering long-term leases on large, modern containerships combined with industry leading ship management services. Seaspan's managed fleet consists of 118 containerships representing a total capacity of over 935,000 TEU, including 18 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2017. Seaspan's current operating fleet of 85 vessels has an average age of approximately seven years and an average remaining lease period of approximately five years.

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

Symbol: Description:
   
SSW Class A common shares
SSW PR C Series C preferred shares
SSW PR D Series D preferred shares
SSW PR E Series E preferred shares
SSWN 6.375% senior unsecured notes due 2019
 
For further information: For Investor Relations Inquiries: Seaspan Corporation, Mr. Sai W. Chu, Chief Financial Officer, 604-638-2575 / For Media Inquiries: The IGB Group, Mr. Leon Berman, 212-477-8438