Friday, 16 March 2018 14:49

Seaspan acquires Greater China Intermodal Investments LLC

501 seaspan

Seaspan Corporation has acquired the remaining 89% it did not own of Greater China Intermodal Investments LLC ("GCI") from affiliates of The Carlyle Group ("Carlyle") and the minority owners of GCI.  This acquisition solidifies Seaspan’s industry-leading position as the world’s largest independent containership owner operator, and highlights Seaspan’s strength and ability to achieve sustained growth and drive consolidation in the fragmented containership sector.  GCI’s fleet of 18 modern containerships is comprised of 10,000 TEU and 14,000 TEU eco-class vessels, representing a total of 204,000 TEU. Of these 18 vessels, there are currently 16 on-the-water vessels with the remaining two newbuild vessels scheduled for delivery during the second quarter of 2018. Seaspan has been involved in the design, construction, delivery and operations of all 18 of GCI’s vessels since inception and all of these vessels are sister ships to Seaspan’s current fleet. 

Read 951 times
Login to post comments