Seaspan Corporation to Present at the Dahlman Rose & Co. 1st Annual Global Transportation Conference

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Tue Sep 2, 2008 5:00pm EDT

  HONG KONG, CHINA, Sep 02 (MARKET WIRE) -- 
Seaspan Corporation (NYSE: SSW) announced today that its Chief Financial
Officer, Sai W. Chu, will present at the Dahlman Rose & Co. 1st Annual
Global Transportation Conference in New York on Wednesday, September 10,
2008 at 10:45 a.m. (ET). 

    A live audio webcast of the presentation can be found at the following
link: http://www.wsw.com/webcast/dahlman2/ssw/.

    The link to the audio 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 through
www.seaspancorp.com 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.

    These risks and uncertainties include, but are not limited to: future
operating or financial results; our expectations relating to dividend
payments and forecasts of our ability to make such payments; pending
acquisitions, business strategy and expected capital spending; operating
expenses, availability of crew, number of off-hire days, drydocking
requirements and insurance costs; general market conditions and shipping
market trends, including charter rates and factors affecting supply and
demand; our financial condition and liquidity, including our ability to
obtain additional financing in the future to fund capital expenditures,
acquisitions and other general corporate activities; estimated future
capital expenditures needed to preserve our capital base; our
expectations about the availability of ships to purchase, the time that
it may take to construct new ships, or the useful lives of our ships; our
continued ability to enter into long-term, fixed-rate time charters with
our customers; our ability to leverage to our advantage Seaspan
Management Services Limited's relationships and reputation in the
containership industry; changes in governmental rules and regulations or
actions taken by regulatory authorities; changes in worldwide container
demand; changes in trading patterns; competitive factors in the markets
in which we operate; potential inability to implement our growth
strategy; potential for early termination of long-term contracts and our
potential inability to renew or replace long-term contracts; ability of
our customers to make charter payments; potential liability from future
litigation; conditions in the public equity markets; and other factors
detailed from time to time in our periodic reports. We expressly disclaim
any obligation to update or revise any of these forward-looking
statements, whether because of future events, new information, a change
in our views or expectations, or otherwise. We make no prediction or
statement about the performance of our common and subordinated shares.

Contacts:
Seaspan Corporation - Investor Relations Inquiries
Mr. Sai W. Chu
Chief Financial Officer
(604) 638-2575
Website: www.seaspancorp.com

The IGB Group - Media Inquiries
Mr. Leon Berman
(212) 477-8438

Copyright 2008, Market Wire, All rights reserved.

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