HONG KONG, China, Jan. 11, 2017 /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
         Common     SSW                    $0.375  October 1, 2016 to January 25, 2017 January 30, 2017
                                                  December 31, 2016
    ---                                           -----------------

        Series D
        Preferred SSW PR D              $0.496875 October 30, 2016 to January 27, 2017 January 30, 2017
                                                   January 29, 2017
    ---                                            ----------------

        Series E
        Preferred SSW PR E              $0.515625 October 30, 2016 to January 27, 2017 January 30, 2017
                                                   January 29, 2017
    ---                                            ----------------

        Series G
        Preferred SSW PR G                $0.5125 October 30, 2016 to January 27, 2017 January 30, 2017
                                                   January 29, 2017
    ---                                            ----------------

        Series H
        Preferred SSW PR H              $0.492188 October 30, 2016 to January 27, 2017 January 30, 2017
                                                   January 29, 2017
    ---                                            ----------------

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 114 containerships representing a total capacity of over 915,000 TEU, including 11 newbuilding containerships on order scheduled for delivery to Seaspan and third parties by the end of 2017. Seaspan's current operating fleet of 88 vessels has an average age of approximately six years and average remaining lease period of approximately five 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

    SSWN      6.375% senior unsecured notes
              due 2019

For Investor Relations Inquiries:

Mr. David Spivak
Chief Financial Officer
Seaspan Corporation
Tel. 604-638-2580

Mr. Michael Sieffert
Associate Director, Corporate Finance
Seaspan Corporation
Tel. 778-328-6490

For Media Inquiries:

Mr. Leon Berman
The IGB Group
Tel. 212-477-8438

SOURCE Seaspan Corporation