Sunday, July 24, 2011
World Cargo News
The parent company of Hainan Airlines is bidding to buy GE SeaCo container leasing company. They're vying against Kelso & Co. Ge SeaCo has 900K TEU. Rumor was that Textainer put in an offer. When looking at companies, I'm generally looking at long term things and not rumors of takeovers/acquisitions.
China shipping volume is up 13% Jan-May. China is also dredging the Yangtze at 12.5m all the way to Nanjing (name means south capital).
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13% is a great volume for welt cargo products. I suppose that the China will get leading positions soon.
Artur,
Hamburg
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Artur,
Hamburg
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