Hints and tips:
...business of Allco Finance December 2011 Buys GE SeaCo, a shipping container leasing company, for $1bn in its largest acquisition to this point April 2013 Takes 20 per cent stake in NH Hotels, one of...
...Maersk Line, Mediterranean Shipping Company and CMA CGM — the biggest three operators of container ships — have all done Chinese leasing deals....
...His firm Bravia Capital co-invested with HNA in several of its largest overseas acquisitions, including the $1bn purchase in 2012 of SeaCo, the world’s fifth-largest marine container firm....
...This has led Gerry Wang, chief executive of container ship leasing company Seaspan, to tell Bloomberg that “the fallout [from] Hanjin Shipping is like Lehman Brothers to the financial markets”....
...Profit attributable to shareholders fell 8.1 per cent in the period to $187.2m – or 23 per cent if excluding the operations of container leasing, management and sales unit FCHL, shares in which the Cosco...
...But Tianjin Tianhai is part of Chinese conglomerate HNA, whose operations run from aircraft leasing to hotels and property development....
...China Cosco Holdings will be the listed entity for container shipping, taking over leasing China Shipping’s assets in a transaction that precludes the two from competing with each other....
...Seacube Container Leasing, a New Jersey-based freight business, last week raised $250m selling bonds backed by income from its shipping containers....
...Investment funds specialising in leasing shipping containers and lending money to UK farmers could be floated in London next year, according to Dexion Capital....
...leasing unit last year....
...But Bill Carcache, a transport analyst at Nomura, shrugged off concerns about the rising oil price, with a bullish note on the freight container leasing space, citing “several better than expected market...
...GE SeaCo has the industry’s fifth-largest container leasing fleet, with about 950,000 20-foot equivalent units, the standard measure, according to rival Textainer....
...In late 2010, funds affiliated with Fortress Investment Group, the private equity firm, completed an initial public offering of its SeaCube Container Leasing unit....
...General Electric, the US industrial conglomerate, will sell its sea container leasing joint venture to HNA Group, the Chinese travel and logistics company, and Bravia Capital, a private equity group, for...
...In August HNA made its biggest overseas acquisition yet, agreeing to buy a container leasing business from General Electric for $2.5bn including debt....
...But after going on a spending spree over the past year, including buying General Electric’s container leasing business, at least one part of HNA ran into financial trouble....
...Kelso owns Cronos, an existing container leasing company. However, HNA’s entry to the world of container leasing instead could increase competition, they added....
...GE to sell container leasing arm for $2.5bn General Electric, the US industrial conglomerate, will sell its sea container leasing joint venture to HNA Group, the Chinese travel and logistics company, and...
...HNA vies for GE’s container leasing unit HNA Group, the Chinese conglomerate, has emerged as a leading bidder for GE SeaCo, the container leasing business put on the block by General Electric and its joint...
...The container leasing industry has boomed during the past year....
...The Pritzker family is nearing a deal worth about $1bn to sell Triton Container International, the world’s largest container leasing company, to buy-out groups Warburg Pincus and Vestar Capital Partners,...
...Maersk Line, part of the AP Møller-Maersk Group, had ordered new containers and was leasing others, Mr Jakobsen said....
...The regulator has been locked in battle with Sea Containers since the US-domiciled, Bermuda-based container leasing and transport group opted for Chapter 11 protection against its creditors in 2006....
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