HONG KONG, CHINA – June 13, 2011 /CNW/ – Seaspan Corporation (NYSE:SSW), one of the world's leading independent containership owners, announced today that it will present at the Deutsche Bank Securities 2011 Global Industrials and Basic Materials Conference in Chicago on Thursday, June 16, 2011 at 12:20 p.m. (ET).
The presentation can be found at the following link: http://ir.seaspancorp.com/events.cfm.
The link to the presentation will be live just prior to the start of the presentation.
Seaspan is a leading independent charter owner of containerships, which it charters primarily pursuant to long-term fixed-rate time charters to major container liner companies. Seaspan's contracted fleet of 69 containerships consists of 61 containerships in operation and eight containerships scheduled for delivery through March 2012. Seaspan's operating fleet of 61 vessels has an average age of approximately five years and an average remaining charter period of approximately seven years. All of the eight vessels to be delivered to Seaspan are already committed to fixed-rate time charters of 12 years in duration from delivery. Seaspan's customer base consists of eight of the world's largest liner companies, including A.P. Moller-Maersk A/S, China Shipping Container Lines (Asia) Co., Ltd., Compania Sud Americana de Vapores S.A., COSCO Container Lines Co., Ltd., Hapag-Lloyd USA, LLC, Kawasaki Kisen Kaisha Ltd., Mitsui O.S.K. Lines, Ltd., and United Arab Shipping Company (S.A.G.). Seaspan's common shares are listed on The New York Stock Exchange under the symbol "SSW".
Seaspan's Series C Preferred Shares are listed on The New York Stock Exchange under the symbol "SSW PR C".
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. These risks and uncertainties include, among others, those discussed in Seaspan's public filings with the SEC. Seaspan undertakes no obligation to revise or update any forward-looking statements unless required to do so under the securities laws.