HONG KONG, CHINA – July 10, 2007 /CNW/ – Seaspan Corporation ("Seaspan") (NYSE:SSW) plans to release its financial results for the second quarter ended June 30, 2007, on Wednesday, July 18, 2007 after market close.
Seaspan plans to host a conference call for all shareholders and interested parties immediately following the release at 5:00 p.m. Eastern Time to discuss the results.
Conference Call and Webcast Information:
Date of Conference Call: Wednesday, July 18, 2007 Scheduled Time: 5:00 p.m. ET / 4:00 p.m. CT / 3:00 p.m. MT / 2:00 p.m. PT Participant Toll Free Dial In #: 1-800-817-4887 International Dial In #: 1-913-981-4913
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 8:00 p.m. ET on July 18, 2007 through to 11:59 p.m. ET on August 1, 2007. The replay telephone numbers are: 1-888-203-1112 or 1-719-457-0820 and the replay passcode is: 1607040.
Seaspan owns containerships and charters them pursuant to long-term fixed-rate charters. Seaspan's fleet of 55 containerships consists of 29 existing containerships and 26 to be delivered over approximately the next 3.5 years. The 26 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 operating fleet of 29 vessels has an average age of approximately four years with an average remaining charter period of approximately eight years. Seaspan's customer base consists of seven of the largest liner companies, including China Shipping Container Lines, A.P. Moller-Maersk, Mitsui O.S.K. Lines, Hapag-Lloyd, Coscon, K-Line and CSAV.
Seaspan's common shares are listed on the New York Stock Exchange under the symbol "SSW".