Seaspan Declares Quarterly Dividends on Common and Preferred Shares

HONG KONG, Jan. 3, 2020 /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	$0.125	October 1, 2019 to December 31, 2019	January 20, 2020	January 30, 2020
Series D Preferred	SSW PR D	$0.496875	October 30, 2019 to January 29, 2020	January 29, 2020	January 30, 2020
Series E Preferred	SSW PR E	$0.515625	October 30, 2019 to January 29, 2020	January 29, 2020	January 30, 2020
Series G Preferred	SSW PR G	$0.5125	October 30, 2019 to January 29, 2020	January 29, 2020	January 30, 2020
Series H Preferred	SSW PR H	$0.492188	October 30, 2019 to January 29, 2020	January 29, 2020	January 30, 2020
Series I Preferred	SSW PR I	$0.50	October 30, 2019 to January 29, 2020	January 29, 2020	January 30, 2020

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 fleet consists of 119 containerships, including two vessels the Company has agreed to purchase, which have not yet been delivered, representing total capacity of more than 975,000 TEU. Seaspan's current operating fleet of 117 vessels has an average age of approximately seven years and an average remaining lease period of approximately four 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