UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
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__________________________
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FORM
6-K
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__________________________
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REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16
UNDER
THE
SECURITIES EXCHANGE ACT OF 1934
Date
of Report: May 2, 2007
Commission
File Number 1-32591
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_____________________
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SEASPAN
CORPORATION
(Exact
name of Registrant as specified in its Charter)
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_____________________
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Unit
2, 7th
Floor, Bupa Centre,
141
Connaught Road West,
Hong
Kong
China
(Address
of principal executive offices)
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_____________________
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[Indicate
by check mark whether the registrant files or will file annual reports
under
cover of Form 20-F or Form 40-F.]
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Form
20-F
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x |
Form
40-F
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o |
[Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted
by Regulation S-I Rule 101 (b)(1).]
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Yes
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o
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No
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x |
[Indicate
by check mark if the registrant is submitting the Form 6-K in paper as
permitted
by Regulation S-T Rule 101 (b)(7).]
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Yes
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o
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No
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x |
[Indicate
by check mark whether the registrant by furnishing the information
contained in
this Form is also thereby furnishing the information to the Commission
pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.]
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Yes
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o
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No
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x |
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .
Item
1 - Information Contained in this Form 6-K Report
Attached
as Exhibit I is a copy of an announcement of Seaspan Corporation dated May
2, 2007.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
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SEASPAN
CORPORATION
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| Date: May 2, 2007 | By: | /s/ Kevin M. Kennedy |
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Kevin M. Kennedy |
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| Chief Financial Officer | ||
Exhibit
I
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Seaspan
Corporation
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| Unit 2, 7th Floor, Bupa Centre | ||
| 141 Connaught Road West | ||
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Hong
Kong, China
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| c/o 2600 - 200 Granville Street | ||
| Vancouver, BC | ||
| Canada V6C 1S4 | ||
| Tel: 604-638-2575 | ||
| Fax: 604-648-9782 | ||
| www.seaspancorp.com |
FOR
IMMEDIATE RELEASE
SEASPAN
CORPORATION
TO
PRESENT AT BEAR STEARNS
8TH
ANNUAL GLOBAL TRANSPORTATION CONFERENCE
Hong
Kong, China, May 2, 2007 - Seaspan Corporation (“Seaspan”) (NYSE: SSW) announced
today that Kevin M. Kennedy, Chief Financial Officer, will present at the
Bear
Stearns 8th
Annual
Global Transportation Conference on May 9, 2007 at 2:00 pm (ET). The conference
will be held at the Bear Stearns World Headquarters at 383 Madison Avenue
in New
York, New York.
A
live
audio webcast of the presentation can be found at the following link:
http://cc.talkpoint.com/BEAR002/050807a_sc/?entity=seaspan.
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
180
days.
About
Seaspan
Seaspan
owns containerships and charters them pursuant to long-term fixed-rate charters.
Seaspan’s fleet of 47 containerships consists of 26 existing containerships and
21 to be delivered over approximately the next three years. The 21 vessels
that
Seaspan has contracted to purchase are already committed to long-term time
charters averaging approximately 10.6 years in duration from delivery. Seaspan’s
operating fleet of 26 vessels has an average age of approximately five 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. Møller-Mærsk, 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.”
-more-
CAUTIONARY
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 our Manager’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.
For
Investor Relations Inquiries:
Mr.
Kevin
M. Kennedy
Chief
Financial Officer
Seaspan
Corporation
Tel.
604-638-2575
For
Media Inquiries:
Mr.
Leon
Berman
The
IBG
Group
Tel.
212-477-8438
-end-