GE SeaCo sale agreed

News by WCN Editorial

As speculated in WorldCargo News Online last week, China’s HNA Group Company Ltd (HNA) and Bravia Capital of Hong Kong have agreed to acquire GE SeaCo, subject to customary regulatory and shareholder approvals, for US$1.0487B.

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Container Industry News Container and swap-body leasing GE Capital GESeaCo Leasing

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GE SeaCo sale agreed ‣ WorldCargo News

GE SeaCo sale agreed

News by WCN Editorial

As speculated in WorldCargo News Online last week, China’s HNA Group Company Ltd (HNA) and Bravia Capital of Hong Kong have agreed to acquire GE SeaCo, subject to customary regulatory and shareholder approvals, for US$1.0487B.

Do you want to read the full article?

Register to continue reading

By registering you will have:

  • Access to all Premium content
  • Discount on selected events
  • Full access to the entire digital archive
  • 10x per year Digital Magazine

SUBSCRIBE or, if you are already a member Log In

 

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.
Container Industry News Container and swap-body leasing GE Capital GESeaCo Leasing

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Hanjin boxes pile up

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Leasing companies looking for unreturned containers leased to bankrupt Hanjin Shipping might want to pay a visit to rural properties in Ontario, California – a town in southwestern San Bernardino County.

More testing times for box lessors

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The box leasing sector saw fleet growth stalled by weaker demand and record disposals in 2016, with the demise of Hanjin Shipping a further setback.

Better times ahead in box leasing

 News

While 2016 was a year to forget, Textainer CEO Philip Brewer hinted the Hanjin crisis may have been the silver lining that forces the container industry to address some of its long-standing issues. For some time now, container manufacturers have been selling boxes at prices at or below cost, and shipping lines have been moving them at a loss.