Seaspan Declares Quarterly Dividends on Series C and Series D
HONG KONG, CHINA -- (Marketwire) -- 01/15/13 -- Seaspan Corporation
(NYSE:SSW) announced today that the Company's Board of Directors has
declared a cash dividend of $0.59375 per share on its Series C
preferred shares (NYSE:SSW.PR.C) for the period from October 30, 2012
to January 29, 2013, and a cash dividend of $0.25948 per share on its
Series D preferred shares (NYSE:SSW.PR.D) for the period from
December 13, 2012 to January 29, 2013. The dividends will be paid on
January 30, 2013 to all Series C and Series D preferred shareholders
of record as of January 29, 2013.
Seaspan provides the world's major shipping lines with an attractive
outsourced alternative to vessel ownership by offering long-term
leases on large, modern containerships combined with industry leading
ship management and a reputation for safety, quality and innovation.
Seaspan's managed fleet of its own and third party vessels consists
of 76 containerships representing a total capacity of approximately
475,000 TEU, including seven ships scheduled for delivery by the end
of 2015, three of which will be owned by Seaspan. Seaspan's current
operating fleet of 69 vessels has an average age of approximately
five years and an average remaining lease period of approximately
seven years. Seaspan's common shares, Series C Preferred Shares and
Series D Preferred Shares are listed on The New York Stock Exchange
under the symbols "SSW", "SSW PR C" and "SSW PR D", respectively.
Seaspan Corporation - Investor Relations Inquiries
Mr. Sai W. Chu
Chief Financial Officer
The IGB Group - Media Inquiries
Mr. Leon Berman
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