Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, July 8, 2019 /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           Period           Record Date         Payment Date
                                            Share

    ---

              Class A        
       SSW                    $0.125 April 1, 2019 to
                                                                     June        
      July 22, 2019     
      July 30, 2019
          Common                                                       30, 2019

           ---

             Series D      
       SSW PR D              $0.496875 April 30, 2019 to  
      July 29, 2019     
      July 30, 2019
        Preferred
                                                                July 29, 2019

    ---

             Series E      
       SSW PR E              $0.515625 April 30, 2019 to  
      July 29, 2019     
      July 30, 2019
        Preferred
                                                                July 29, 2019

    ---

             Series G      
       SSW PR G                $0.5125 April 30, 2019 to  
      July 29, 2019     
      July 30, 2019
        Preferred
                                                                July 29, 2019

    ---

             Series H      
       SSW PR H              $0.492188 April 30, 2019 to  
      July 29, 2019     
      July 30, 2019
        Preferred
                                                                July 29, 2019

    ---

             Series I      
       SSW PR I                  $0.50 April 30, 2019 to  
      July 29, 2019     
      July 30, 2019
        Preferred
                                                                July 29, 2019

    ---

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 4 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



       SSWA             7.125% Senior Unsecured Notes
                          due 2027



       SSW25            5.500% Senior Notes due 2025



       SSW26            5.500% Senior Notes due 2026

Investor Inquiries:

Mr. Matt Borys
Investor Relations
Seaspan Corporation
Tel. +1-778-328-5340
Email: mborys@seaspanltd.ca

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SOURCE Seaspan Corporation