Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, CHINA -- (Marketwired) -- 07/13/15 -- 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:

----------------------------------------------------------------------------
                      Dividend per
Security    Ticker    Share       Period         Record Date   Payment Date
----------------------------------------------------------------------------
                                  April 1, 2015
Class A                           to
 Common     SSW       $0.375      June 30, 2015  July 20, 2015 July 30, 2015
----------------------------------------------------------------------------
                                  April 30, 2015
Series C                          to
 Preferred  SSW PR C  $0.59375    July 29, 2015  July 29, 2015 July 30, 2015
----------------------------------------------------------------------------
                                  April 30, 2015
Series D                          to
 Preferred  SSW PR D  $0.496875   July 29, 2015  July 29, 2015 July 30, 2015
----------------------------------------------------------------------------
                                  April 30, 2015
Series E                          to
 Preferred  SSW PR E  $0.515625   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

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
212-477-8438

Source: Seaspan Corporation

You May Also Be Interested In

• BioMedNewsBreaks – Gaxos.ai Inc. (NASDAQ: GXAI) Announces Warrant Exercise Expected to Generate $3.6 Million
• ShimmerScreen(R) Launches New Online Store
• OPSEU/SEFPO: Permanently end for-profit plasma collection to protect public health