HONG KONG, China, Sept. 20, 2017 /CNW/ - Seaspan Corporation
(NYSE:SSW) announced today that it has accepted delivery of the MSC
Shreya B, an 11000 TEU containership that will commence a bareboat
charter with MSC Mediterranean Shipping Company S.A. ("MSC") for a
period of seventeen years. Upon completion of the bareboat charter
period, MSC is obligated to purchase the vessel for a
pre-determined amount.
The MSC Shreya B, which was constructed at HHIC-PHIL INC., is
Seaspan's second 11000 TEU SAVER design containership in a series
of five ships under bareboat charter to MSC. This is Seaspan's
third vessel delivery in 2017 and expands Seaspan's operating fleet
to 87 vessels.
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. Excluding the four
4250 TEU class vessels which are being sold, Seaspan's managed
fleet consists of 110 containerships representing a total capacity
of approximately 900,000 TEU, including 7 newbuilding
containerships on order scheduled for delivery
to Seaspan and third parties by the end of 2018.
Seaspan's current operating fleet of 87 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
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