North Vancouver, BC — Jonathan Whitworth, Seaspan CEO, announced today that it has signed agreements with both the Canadian Merchant Service Guild (the Guild) and International Longshore Warehouse Union (ILWU) Local 400 to enter into binding arbitration/mediation. Following extensive discussions with the Honourable Kellie Leitch, Minister of Labour and Minister of the Status of Women, Seaspan and both unions have agreed to allow the Federal Government to appoint an arbitrator who will run the process and be responsible for setting the terms of reference. Once the arbitration is complete, the outcome is binding and cannot be challenged by Seaspan or its unions.