HONG KONG, CHINA – Oct. 19, 2007 /CNW/ – Seaspan (NYSE:SSW) plans to release its financial results for the third quarter ended September 30, 2007, on Monday, October 29, 2007 prior to market opening.
In addition to announcing its financial results the Company will also declare its dividend for the third quarter 2007.
Seaspan plans to host a conference call for all shareholders and interested parties immediately following the release at 8:30 a.m. Eastern Time to discuss the results.
Conference Call and Webcast Information:
Date of Conference Call: Monday, October 29, 2007 Scheduled Time: 8:30 a.m. ET / 7:30 a.m. CT / 6:30 a.m. MT / 5:30 a.m. PT Participant Toll Free Dial In #: 1-877-723-9523 International Dial In #: 1-719-325-4771
To access the live webcast of the conference call, go to www.seaspancorp.com and click on "Investor Relations" then "Events Calendar" for the link. The webcast will be archived on the site for one year.
A replay of the conference call will also be available from 12:00 p.m. ET on October 29, 2007 through to 11:59 p.m. ET on November 12, 2007. The replay telephone numbers are: 1-888-203-1112 or 1-719-457-0820 and the replay passcode is: 8090848.
Seaspan owns containerships and charters them pursuant to long-term fixed-rate charters. Seaspan's contracted fleet of 63 containerships consists of 29 containerships in operations and 34 containerships to be delivered over approximately the next 4 years. Seaspan's operating fleet of 29 vessels has an average age of approximately 4 years and an average remaining charter period of approximately 8 years. The 34 vessels that Seaspan has contracted to purchase 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 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".