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The company was formed as GE Seaco in 1998 as a joint venture between General Electric and Sea Containers.Sea Containers filed for Chapter 11 bankruptcy protection in 2006, and its interests including the stake in GE Seaco were transferred to a new company, Seaco Ltd. Seaco Ltd sold GE Seaco, renamed Seaco Srl, to HNA Group in 2011.
In October 2009, Textainer acquired 31,000 containers (53,000 TEU) of Amphibious Container Leasing Ltd, (Amficon), mostly speciality containers. [6] In May 2011, the firm acquired about 171,000 TEU of containers and related lease rights and working capital ($174 million) that it has been managing for Buss Global since 2006.
This is a list of the 30 largest container shipping companies as of February 2024, according to Alphaliner, ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. [1] In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. [2]
From a vantage point over the freight industry, it can be argued that international trade owes a lot of its growth to the humble intermodal shipping container. Pioneered and made mainstream in the ...
The 10-second takeawayFor the quarter ended March 31 (Q1), SeaCube Container Leasing met expectations on revenue and missed estimates on SeaCube Container Leasing Misses Where It Counts Skip to ...
Sea Containers was a Bermudan registered company which operated two primary business areas: transport and container leasing. It was founded in 1965 by James Sherwood and was initially focused on the leasing of cargo containers. During 1974, Sea Containers was floated on the New York Stock Exchange.
The combined deadweight tonnage of container ships and general cargo ships, which also often carry containers, represents 21.8% of the world's fleet. [ 58 ] As of 2009 [update] , the average age of container ships worldwide was 10.6 years, making them the youngest general vessel type, followed by bulk carriers at 16.6 years, oil tankers at 17 ...
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