Seaco calls for more consolidation

News-in-print

Seaco has indicated it is happy with its integration of Cronos, and is looking for additional merger and acquisition opportunities. Seaco’s parent company Bohai leasing (itself part of the HNA Group) acquired Cronos in January 2015, catapulting Seaco into the world’s largest container leasing company by CEU (container equivalent units) with a fleet of 3.6M CEU – a 15% market share. “HNA Group (Bohai’s parent), is now a Fortune Global 500 company that is keen to grow further through mergers and a

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