Seaco Srl is a company that sells and leases
marine containers. It was formed as GE SeaCo in 1998 as a
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...
between
General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energ ...
and
Sea Containers
Sea Containers was a Bermudan registered company which operated two main business areas: transport and container leasing. It filed for bankruptcy on 16 October 2006. In 2009 its maritime container interests were transferred to a new company SeaCo ...
. Sea Containers filed for
Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, wheth ...
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
HNA Group Co., Ltd., is a Chinese conglomerate headquartered in Haikou, Hainan, China. Founded in 2000, it was involved in numerous industries including aviation, real estate, financial services, tourism, logistics, and more. It is a part owner ...
in 2011.
Seaco is owned by the
Bermuda
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-based Global Sea Containers Ltd., which is itself indirectly owned by Bohai Leasing. HNA Group own the majority of shares in Bohai Leasing, which is listed on the
Shenzhen Stock Exchange
The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...
.
See also
*
Textainer Group Holdings
Textainer Group Holdings Limited is a holding company that focuses on purchasing, leasing, and resale of marine cargo containers. The company was set up in 1979 by Ken George and Jim Sullivan, and is based in Hamilton, Bermuda. There are three ...
*
Largest container shipping companies
Several shipping lines are involved in intermodal freight transport as part of international trade.
List of largest container shipping companies
This is a list of the 30 largest container shipping companies as of 11 August 2022, according to '' ...
*
Largest international container leasing companies list
References
External links
* {{official website, http://www.seacoglobal.com/
Transport companies established in 1998
Container shipping companies