HONG KONG, Oct. 29, 2018 /CNW/ – Seaspan Corporation (“Seaspan”) (NYSE:SSW), is admiring to advertise that Torsten Holst Pedersen and H. Theodore (“Ted”) Chang accept been appointed to its controlling team. Mr. Pedersen will be aing as Controlling Vice-President, Address Administration and Mr. Chang will be aing as General Counsel. Both Mr. Pedersen and Mr. Chang will activate their accessories in November. These accessories ster Seaspan’s administration team, reinforce its arch position in the containership leasing industry, and abutment its assorted advance initiatives.
Bing Chen, President and Chief Controlling Officer of Seaspan, commented, “Torsten and Ted accept both had acclaimed careers and approved successes in their corresponding fields. After an all-encompassing chase for both roles, we are admiring to acceptable Torsten and Ted to our controlling team. Along with added contempo additions bushing out our administration team, we accept an acutely activating and agitative accumulation in abode on which we can body success and finer calibration our organization.”
About Torsten Holst PedersenMr. Pedersen has over 20 years of acquaintance in shipping, acumen and infrastructure, during which he has captivated chief administration roles and lath positions beyond Europe, Asia, Middle East and Africa. Mr. Pedersen started his career with the Maersk Accumulation in 1996 and formed in several of the group’s business entities, captivation C-Level positions in Accounts and HR. In 2016, he aing Inchcape Aircraft Service as Bounded CEO for Middle East, Africa and South Asia. Mr. Pedersen again formed as Head of Operations for V Group, arch the transformation of the all-around operations alignment of added than 45,000 employees. Prior to aing Seaspan, Mr. Pedersen formed as a action consultant, acceptable companies with action beheading and M&A due activity in the Middle East and South Asia.
Mr. Pedersen holds a Masters amount in Economics from Aalborg University, Denmark, and a Masters amount in International Economics (with Distinction) from University of Es, U.K. These accept been complemented by controlling programs at Wharton and London Business School.
About Ted ChangMr. Chang brings added than 20 years of acquaintance in the legal, all-around accounts and accumulated development worlds. Prior to aing Seaspan, he was the chief acknowledged admonition for Seekers, a barrier and clandestine disinterestedness armamentarium based in Hong Kong with all-around advance portfolios. He began his career in New York City and Hong Kong as an accessory with the law firms of Mudge Rose and Baker & McKenzie afore acceptable Asia bounded admonition for one of Motorola’s accommodation and again aing a alternation of start-up companies. Prior to that, Mr. Chang was a vice-president in the legal/compliance accumulation at Goldman Sachs in New York, area he headed the Goldman Sachs Accumulation position advertisement accumulation as communication to the SEC and all accompaniment and federal authoritative agencies on assorted balance advertisement issues.
Fluent in Mandarin, Cantonese, German and English, Mr. Chang holds a bifold Bachelor of Arts degree from Vassar College, New York and a Master’s Amount in International Economics from Colombia University, New York. He advised law at Boston College Law School and Columbia University School of Law, area he was additionally awarded a one-year post-doctoral acquaintance at the China University of Political Science and Law in Beijing. Mr. Chang is a affiliate of the New York Accompaniment bar in acceptable standing.
Seaspan is a arch absolute allotment buyer and abettor of containerships with industry arch address administration services. We allotment our argosy primarily pursuant to long-term, fixed-rate, time charters to the world’s better alembic aircraft liners. Seaspan’s operating agile consists of 112 containerships with a absolute accommodation of added than 900,000 TEU, an boilerplate age of about 6 years and an boilerplate actual charter aeon of about 5 years, on a TEU-weighted basis.
Seaspan has the afterward balance listed on The New York Stock Exchange:
Class A accepted shares
SSW PR D
Series D adopted shares
SSW PR E
Series E adopted shares
SSW PR G
Series G adopted shares
SSW PR H
Series H adopted shares
SSW PR I
Series I adopted shares
6.375% chief apart addendum due 2019
7.125% chief apart addendum due 2027
5.500% chief addendum due 2025
Cautionary Note Regarding Forward-Looking Statements
This absolution contains assertive advanced statements (as such appellation is authentic in Section 21E of the Balance Exchange Act of 1934, as amended) apropos approaching contest and our operations, achievement and banking condition, including, in particular, the likelihood of our success in developing and accretion our business. Statements that are predictive in nature, that depend aloft or accredit to approaching contest or conditions, or that accommodate words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, “projects”, “forecasts”, “will”, “may”, “potential”, “should”, and agnate expressions are advanced attractive statements. These advanced statements reflect management’s accepted angle alone as of the date of this absolution and are not advised to accord any affirmation as to approaching results. As a result, you are cautioned not to await on any advanced statements. Advanced statements arise in a cardinal of places in this release. Although these statements are based aloft assumptions we accept to be reasonable based aloft accessible information, they are accountable to risks and uncertainties. These risks and uncertainties are abundant in our alternate letters and filings with the Balance and Exchange Commission, including Seaspan’s Annual Report on Form 20-F for the year concluded December 31, 2017. We especially abandon any obligation to amend or alter any of these advanced statements, whether because of approaching events, new information, a change in our angle or expectations, or otherwise. We accomplish no anticipation or account about the achievement of any of our securities.
Mr. Matt BorysInvestor RelationsSeaspan CorporationTel. 604-347-9184Email: [email protected]
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SOURCE Seaspan Corporation
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