Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, CHINA -- (Marketwired) -- 04/13/15 -- 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                 Dividend per
                 Ticker         Share       Period  Record Date Payment Date
----------------------------------------------------------------------------
Class A                                 January 1,
 Common                                   2015 to
                                         March 31,    April 20,    April 30,
                    SSW $       0.375         2015         2015         2015
----------------------------------------------------------------------------
Series C                               January 30,
 Preferred                                2015 to
                                         April 29,    April 29,    April 30,
               SSW PR C $     0.59375         2015         2015         2015
----------------------------------------------------------------------------
Series D                               January 30,
 Preferred                                2015 to
                                         April 29,    April 29,    April 30,
               SSW PR D $    0.496875         2015         2015         2015
----------------------------------------------------------------------------
Series E                               January 30,
 Preferred                                2015 to
                                         April 29,    April 29,    April 30,
               SSW PR E $    0.515625         2015         2015         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 111 containerships representing a total capacity of over 860,000 TEU, including 24 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2017. Seaspan's current operating fleet of 79 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

Contacts:
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
Tel. 212-477-8438

Source: Seaspan Corporation

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