HONG KONG, CHINA--(Marketwire - Sept. 5, 2008) - Seaspan Corporation (NYSE:SSW) announced today that its Chief Executive Officer, Gerry Wang, will present at the RBC Capital Markets Passport 2008 Transportation Conference in Toronto on Wednesday, September 10, 2008 at 11:15 a.m. (ET).
To access the live audio webcast of the conference call, go to www.seaspancorp.com and click on "Investor Relations" then "Events & Presentations" for the link. The link to the webcast will be live just prior to the start of the presentation and will be available for on-demand replay within 24 hours. An archive of the webcast will also be available for a period of 90 days.
About Seaspan
Seaspan owns containerships and charters them pursuant to long-term fixed-rate charters. Seaspan's contracted fleet of 68 containerships consists of 31 containerships in operation and 37 containerships to be delivered over approximately the next three years. Seaspan's operating fleet of 31 vessels has an average age of approximately five years and an average remaining charter period of approximately seven years. All of the 37 vessels to be delivered to Seaspan are already committed to long-term time charters averaging approximately 11 years in duration from delivery. Seaspan's customer base consists of seven of the world's largest, publicly traded liner companies, including China Shipping Container Lines, A.P. Moller-Maersk, Mitsui O.S.K. Lines, Hapag-Lloyd, COSCO Container Lines, K-Line and CSAV.
Seaspan's common shares are listed on the New York Stock Exchange under the symbol "SSW".
STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This release contains certain forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and our operations, performance and financial condition, including, in particular, the likelihood of our success in developing and expanding our business. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", "projects", "forecasts", "will", "may", "potential", "should", and similar expressions are forward-looking statements. These forward-looking statements reflect management's current views only as of the date of this presentation and are not intended to give any assurance as to future results. As a result, you are cautioned not to rely on any forward-looking statements. Forward-looking statements appear in a number of places in this release. Although these statements are based upon assumptions we believe to be reasonable based upon available information, including operating margins, earnings, cash flow, working capital and capital expenditures, they are subject to risks and uncertainties.
