MSC fleet now 900 vessels-strong
After taking delivery of the 16,000 teu MSC Germany this week, Swiss-headquartered carrier MSC broke ...
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Non-operating shipowners Global Ship Lease and Poseidon Containers are to merge in a deal worth some $780m.
The deal will create a company with a fleet of 38 vessels, capacity of 198,793 teu and contracted revenue of $528m.
The deal will see privately owned Poseidon Containers take a 70% stake in GSL and its major shareholder, CMA CGM, retain a minority stake.
It brings to an end GSL’s search for a merger partner after revealing it would undertake a strategic review at the beginning of the year.
Poseidon is ...
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