Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, Oct. 9, 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:

                  Security 
         
            Ticker 
     
     Dividend per Share       
        
              Period    
       
            Record Date 
       
            Payment Date

           ---

              Class A          
          SSW                             $0.125    
        July 1, 2018 to      
       October 22, 2018     
       October 30, 2018
          Common
                                                                             
        September 30, 2018

    ---

             Series D        
         SSW PR D                        $0.496875   
        July 30, 2018 to      
       October 29, 2018     
       October 30, 2018
        Preferred
                                                                              
        October 29, 2018

    ---

             Series E        
         SSW PR E                        $0.515625   
        July 30, 2018 to      
       October 29, 2018     
       October 30, 2018
        Preferred
                                                                              
        October 29, 2018

    ---

             Series G        
         SSW PR G                          $0.5125   
        July 30, 2018 to      
       October 29, 2018     
        October 30, 2018
        Preferred
                                                                              
        October 29, 2018

    ---

             Series H        
         SSW PR H                        $0.492188   
        July 30, 2018 to      
       October 29, 2018     
       October 30, 2018
        Preferred
                                                                              
        October 29, 2018

    ---

             Series I        
         SSW PR I                        $0.227778 
        September 19, 2018 to   
       October 29, 2018     
       October 30, 2018
        Preferred
                                                                              
        October 29, 2018

    ---

About Seaspan

Seaspan is a leading independent charter owner and operator of containerships with industry leading ship management services. We charter our vessels primarily pursuant to long-term, fixed-rate, time charters to the world's largest container shipping liners. Seaspan's operating fleet consists of 112 containerships with a total capacity of more than 900,000 TEU, an average age of approximately 6 years and an 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:

       
            Symbol:                  Description:

    ---                  ---




       SSW                  Class A common shares



       SSW PR D             Series D preferred shares



       SSW PR E             Series E preferred shares



       SSW PR G             Series G preferred shares



       SSW PR H             Series H preferred shares



       SSW PR I             Series I preferred shares



       SSWN                 6.375% senior unsecured notes
                              due 2019



       SSWA                 7.125% senior unsecured notes
                              due 2027



       SSW25                5.500% senior notes due 2025

For Investor Relations Inquiries:

Mr. Matt Borys
Investor Relations
Seaspan Corporation
Tel. 604-347-9184
Email: mborys@seaspanltd.ca

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SOURCE Seaspan Corporation