HNA moves in for TIP
NewsAlmost two years after it acquired container lessor GE SeaCo from GE Capital and SeaCo Ltd, China’s HNA Group Company Ltd has returned to ...
Tank lessors see slowing growth as temporary
NewsThe tank leasing sector enjoyed an outstanding year in 2011. While the eurozone crisis and its possible impact are now creating uncertaintie...
For GE SeaCo read Seaco
NewsChina’s HNA Group Company Ltd (HNA) and HongKong based Bravia Capital have completed the US$1.05B acquisition of the world’s fifth large...
New box flooring report…
NewsThe New Materials Committee of the Container Owners Association (COA) has published an updated report on Alternative Materials for Container...
Busy times for reefer machinery builders
NewsReefer demand has picked up during 2011 as the production dip of 2009-10 has been made good and shipping companies have resumed investment. ...
GE SeaCo under new ownership
NewsAs speculated in last month’s issue of WorldCargo News (p1), China’s HNA Group Company Ltd (HNA) and Hong Kong-based private equity grou...
New runner in race for GE SeaCo
NewsHNA Group, the parent company of China’s fourth largest airline operator, Hainan Airlines, has emerged as a possible frontrunner in the bi...
Fresh runner in GE SeaCo race
NewsHNA Group, the parent company of China’s fourth largest airline operator, Hainan Airlines, has emerged as the frontrunner in the bidding t...
Good times back for container lessors
NewsDemand for leased containers is holding strong in 2011 as shipping lines remain short of capital funding for their own investment. Lease rat...
GE SeaCo sale close?
NewsAccording to a report in the Wall Street Journal, at least four bidders, including private-equity firms and rival container leasing companie...
Triton sale agreed
NewsConfirming earlier speculation in WorldCargo News Online, Warburg Pincus and Vestar Capital Partners, two leading global private equity firm...
GE SeaCo Considers its options
NewsGE SeaCo, the world’s fifth largest container lessor with a fleet of around 870,000 TEU, has announced that its board has decided to explo...
Container lessors bridging the gap
NewsBox demand has picked up strongly this year. With shipping lines severely cash-strapped, leasing companies are rushing to fill the gap....
Reefer builders riding the storm
NewsReefer container output tumbled in 2009, but the prospects for 2010 are looking better....
GE SeaCo opens new HQ
NewsGE SeaCo has officially opened its new head office in the Fuji Xerox Towers in Singapore. The new office will serve as the base of operation...