Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, April 11, 2018 /PRNewswire/ - 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:

About Seaspan Seaspan provides many of the world's major container shipping liners with alternatives to vessel ownership by offering long-term leases on large, modern containerships combined with industry-leading ship management services. Seaspan's operating fleet, including 4 newbuilding containerships on order for delivery to Seaspan by mid-2018, consists of 112 containerships representing a total capacity of over 900,000 TEU. Excluding newbuilds, Seaspan's operating fleet of 108 vessels has an average age of approximately 5 years and average remaining lease period of approximately 5 years, on a TEU weighted basis.

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

For Investor Relations Inquiries:

Mr. David SpivakChief Financial OfficerSeaspan CorporationTel. 604-638-2580

Mr. Michael SieffertDirector, Corporate FinanceSeaspan CorporationTel. 778-328-6490

For Media Inquiries:

Mr. Leon BermanThe IGB GroupTel. 212-477-8438

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SOURCE Seaspan Corporation