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23 September 2021 The on-line newspaper devoted to the world of transports 09:54 GMT+2

March 14, 2018

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Original news
Seaspan Corporation obtains the entire property of the Greater China Intermodal Investments

In the fleet of the group of Hong Kong others enter 18 portacontainer

The shipowning society Seaspan Corporation di Hong Kong, that it has center in the Marshall Islands, has obtained the entire property of the Greater China Intermodal Investments (GCI) acquiring remaining 89% of the capital not in its possession from society of the Carlyle group and other minority stockholders. GCI is constituted in 2011 in order to realize investments in the naval field(on 14 March 2011).

Seaspan has specified that the transaction, than for 330 million dollars will happen for case and for 50 million dollars through the bestowal of actions of the Seaspan, implies that the value of enterprise of the GCI piles to about 1,6 billion dollars, included debits towards third party pairs to about a billion of dollars and 140 million dollars of residual relative payments to new ships.

Currently the fleet of the GCI is constituted by 18 portacontainer of ability comprised between 10.000 teu and 14,000 teu, for a total of 204.000 teu, included two new ships to take in delivery within the half of this year. With the acquisition the consistency of the fleet of the Seaspan will go up to 112 ships for a total ability to 905.900 teu.

"This important acquisition - it has emphasized the president and managing director of the Seaspan, Bing Chen - increases our future entrances substantially already under contract and improves our ability to supply to our modern customers portacontainer and the vanguard. With the fleet of GCI of our property we are strengthening our collaboration with the customers and improving our integrated platform to modulate for a supported increase and a future consolidation. Since the field of the containerized marine transport is beginning to show signs of resumption, we are assuming decisive initiatives in order to take advantage of interesting opportunities in our market".

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