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Seaspan Declares Quarterly Dividends on Common and Preferred Shares

January 11, 2017

Canada NewsWire

HONG KONG, China, Jan. 11, 2017

HONG KONG, China, Jan. 11, 2017 /CNW/ - 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 December 31, 2016	January 25, 2017	January 30, 2017
Series D Preferred	SSW PR D	$0.496875	October 30, 2016 to January 29, 2017	January 27, 2017	January 30, 2017
Series E Preferred	SSW PR E	$0.515625	October 30, 2016 to January 29, 2017	January 27, 2017	January 30, 2017
Series G Preferred	SSW PR G	$0.5125	October 30, 2016 to January 29, 2017	January 27, 2017	January 30, 2017
Series H Preferred	SSW PR H	$0.492188	October 30, 2016 to January 29, 2017	January 27, 2017	January 30, 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