Seaspan History
We were formed in The Republic of the Marshall Islands in May 2005 and completed our initial public offering on August 8, 2005.
At the time of our initial public offering, we had an operating fleet of 10 vessels with another 13 vessels on order aggregating 116,950 TEU. Since our initial public offering, we have significantly grown our fleet through selective acquisitions of new and secondhand containerships.
Our operations are managed by our Manager, Seaspan Management Services Limited, under the supervision of our board of directors. We have entered into long-term management agreements pursuant to which our Manager and its subsidiaries provide us with all of our technical, administrative and strategic services, including our management team and employees. Our Manager is owned by trusts established for members of the Dennis Washington family and by an entity indirectly owned by certain directors and officers of our Manager, including our chief executive officer.