Container leasing: GE SeaCo becomes Seaco

HNA Group and Bravia Capital complete takeover of the worldwide acting container leasing company GE SeaCo:

The world’s 5th largest marine container leasing company, so far acting under the name GE Seaco, has a new owner. China’s HNA Group and Bravia Capital (Hong Kong) acquired the enterprise for USD 1.048 billion. The company is being renamed from GE SeaCo to Seaco, with its headquarters in Singapore and worldwide 13 sales/service offices and 80 representative offices.

GE Seaco was formed as an equally held joint venture of GE Capital and Sea Container in 1998. The enterprise counts among the world’s leading leasing companies for sea cargo containers. Their fleet consists currently of about 870,000 TEU, including standard containers, reefer containers, tank containers, open top containers, swap bodies and flatracks.

Quelle: LogEastics
Portal: www.logistik-express.com