2021 Financial Guidance slide image

2021 Financial Guidance

Seaspan at a Glance Integrated with Global Trade Modern Fleet #1 Independent Containership Owner/Operator 骨 seaspan Strong Financial Profile $1,325mn - $1,355mn 2021 Revenue² $839mn - $874mn 2021 Adjusted EBITDA² Long-Term Charters with 7 of 8 Leading Global Liners 160 Vessels¹ >1.5mn TEU $10.7bn Gross Contracted Cash Flow 1,3,4 $ 5,200 employees 98% Average Utilization Since IPO6 ~98% Utilization during COVID (4,900 Seafarers / 300 Corporate) ~6.5 years Average Remaining Charter Period 1,5 1. 123 ~5.3 years Average Age 1,5 As of December 31, 2020; pro-forma for newbuild containership orders for 31 vessels announced on December 7, 2020, February 8 and 12, and March 4 and 8, 2021, and 2 secondhand vessel acquisitions announced March 2, 2021 Guidance provided on March 8, 2021 Gross contracted cash flow includes $3.9 billion of lease payments receivable from operating leases, $0.9 billion of minimum lease receivable from finance leases, as well as $5.9 billion lease payments to be received from undelivered vessels Includes cash flows expected from signed charter agreements on undelivered vessels, excluding purchase options, extension options, higher charter rate options and profit-sharing components Weighted by TEU 3. 4. 5. 6. Average fleet utilization from 4Q05 to 4Q20 7. Average utilization in 2020 13
View entire presentation