Transpacific set to see record level of ship capacity in July as rates crash
The transpacific trade continues to descend into something akin to chaos – with major deepsea ...
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By Mike Wackett
Containership owner Seaspan Corporation has bought the 89% of shares it did not own in shipbuilder vehicle Greater China Intermodal Investments (GCI).
And it paid a significantly discounted price following a collapse in ship asset values.
It means Seaspan has acquired 16 vessels of 10,000-14,080 teu and two 10,000 ...
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