Seaspan selects IFS Applications to support $8 billion in shipbuilding work

ITASCA, ILL. July 20, 2012 – IFS North America announced that Seaspan has selected IFS

Applications as its Shipbuilding materials requirements planning (MRP) solution.

IFS Applications was chosen because it provides a powerful project-based solution (PBS) with the

ability to control cost and schedule in real-time, enhancing Seaspanʼs ability to efficiently meet

customer requirements. This capability will help Seaspan deliver on the recently awarded $8 billion

Federal Government shipbuilding program to build non-combat vessels for the Canadian Coast Guard

and Royal Canadian Navy.

“IFSʼs successful track record with other shipyards allowed us to make this selection with confidence,”

Seaspan Shipyards President Brian Carter said. “They also have a partnership with our existing CAD

software supplier which will help us ensure the continuity between design and engineering processes

that are so essential to efficient shipbuilding processes.”

“Seaspan is exactly the type of enterprise that ought to seriously consider IFS Applications,” IFS North

America Vice President of Sales Mike Lorbiecki said. “They have a complex, demanding projectoriented

business environment that needs a project-based solution. What is more, Seaspan also

performs maintenance work on existing assets, and IFS Applications provides comprehensive native

preventative maintenance support as part of our application suite. We look forward to being a part of

Seaspanʼs future success.”

The project-based industry is one of IFSʼs targeted horizontal markets. IFS offers a complete project

lifecycle management solution that enables businesses to manage project-related costs, timelines,

resources, cash flows, and risks. The integrated nature of IFSʼs project-based solution (PBS)

facilitates real-time information at any stage of the project, enabling proactive problem-solving and

reducing the need for error-prone manual entries. IFSʼs PBS offering includes functionality for project

management, contract management, risk management, budgeting and forecasting, engineering and

material management, and asset data management—all integrated with financials and human

resources. The project-based market includes such IFS target industries as aerospace and defense,

EPCI contracting, oil and gas, energy and utilities, construction, service management and projectbased

manufacturing. IFS customers include Grenland Group, Babcock Engineering Services,

Heerema Fabrication Group, TLT Babcock, Damen Shipyards, Vigor, Horizon, Contiga, STX, Ultra

Electronics, Austal, Archer, and FEV.

About Seaspan

Seaspan is an association of Canadian companies primarily involved in coastal and deepsea transportation, bunkering, ship

repair and shipbuilding services in Western North America. In addition to the marine transportation services offered directly

through Seaspan, commercial ferry, shipyard and bunkering services are provided via affiliate companies: Marine Petrobulk,

Seaspan Ferries, Vancouver Drydock, Vancouver Shipyards and Victoria Shipyards. The scope of Seaspan's services, the

quality of its employees and over a century of successful participation in coastal commerce, make the company a major partner

in the economy of the Pacific Northwest.

For more information on Seaspan, visit www.seaspan.com