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Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, CHINA - January 13, 2015 /CNW/ - Seaspan Corporation (NYSESSW) 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   $0.345   October 1, 2014 to 
December 31, 2014
  January 22, 2015   January 30, 2015
Series C Preferred   SSW PR C   $0.59375   October 30, 2014 to 
January 29, 2015
  January 29, 2015   January 30, 2015
Series D Preferred   SSW PR D   $0.496875   October 30, 2014 to 
January 29, 2015
  January 29, 2015   January 30, 2015
Series E Preferred   SSW PR E   $0.515625   October 30, 2014 to 
January 29, 2015
  January 29, 2015   January 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 109 containerships representing a total capacity of over 840,000 TEU, including 27 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2016. Seaspan's current operating fleet of 77 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