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Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, CHINA - July 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 April 1, 2015 to 
June 30, 2015
  July 20, 2015   July 30, 2015
Series C Preferred SSW PR C $0.59375 April 30, 2015 to 
July 29, 2015
  July 29, 2015   July 30, 2015
Series D Preferred SSW PR D $0.496875 April 30, 2015 to 
July 29, 2015
  July 29, 2015   July 30, 2015
Series E Preferred SSW PR E $0.515625 April 30, 2015 to 
July 29, 2015
  July 29, 2015   July 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 25 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2017. Seaspan's current operating fleet of 82 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 2019 senior unsecured notes
 
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