HONG KONG, Dec. 11, 2017 /PRNewswire/ - Seaspan
Corporation (NYSE:SSW) announced today that it has accepted
delivery of the MSC Madhu 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 Madhu B, which was constructed at HHIC-PHIL INC., is
Seaspan's fourth 11000 TEU SAVER design containership in a series
of five ships under bareboat charter to MSC. This is Seaspan's
fifth vessel delivery in 2017, expanding Seaspan's operating fleet
to 89 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.
Seaspan's managed fleet consists of 110 containerships
representing a total capacity of approximately 900,000 TEU,
including 5 newbuilding containerships on order scheduled for
delivery to Seaspan and third parties by the end of
2018. Seaspan's current operating fleet of 89 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
|
SSWA
|
7.125% senior
unsecured notes due 2027
|
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